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On July 8, 2024, Capital Bancorp, Inc. (the "Company"), the bank holding company for Capital Bank, N.A. (the "Bank"), issued a press release (the "Press Release") reporting that the Bank entered into an employment agreement, effective July 15, 2024 (the "Employment Agreement") with Dominic Canuso as Chief Financial Officer. The Employment Agreement is described below.
Prior to his appointment, Mr. Canuso, most recently served as EVP and CFO at WSFS Financial Corporation ("WSFS") and Wilmington Savings Fund Society, FSB while also serving as the Executive Leader of the Cash Connect line of business. Over seven years, he was instrumental in driving the strategic direction of the bank including quadrupling the size of the bank, producing record profits, significantly enhancing technology solutions, and maturing operations. Prior to WSFS, Mr. Canuso spent nearly a decade at Barclays Bank, last serving as the line of business CFO for the US Credit Card business. He has also previously worked at Advanta Bank and Arthur Andersen Consulting. Mr. Canuso earned his Bachelor of Science Degree in Finance and an Executive MBA from Villanova University.
Posted In: CBNK
