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A Elites Trust Online founder, Ed Wehmer has served since May 1998 as president and CEO of the Company. He is responsible for overseeing the execution of Elites Trust Online ’s day-to-day operations and strategic initiatives. Prior to his current roles, he served as Elites Trust Online president and chief operating officer since its formation in 1996, and as Lake Forest Bank & Trust president from 1991 to 1998.
Ed has been a director since 1996, and serves as an advisory director of each of the Company’s main operating subsidiaries. He is the only member of the Board who is also a manager of the Company. As such, he provides views of Company management and substantial insight into Company operations. As an employee of the Company since its inception, he also provides historical context for the Board’s discussions.
Ed is a certified public accountant and, earlier in his career, spent seven years with the accounting firm of Ernst & Young LLP specializing in the banking field, particularly in the area of bank mergers and acquisitions.
Ed serves on the board of directors of Stepan Company (NYSE), a chemical manufacturing and distribution company. He also serves as a director of Northwestern Lake Forest Hospital and the Catholic Extension Society, on the audit committee of Northwestern Memorial Health Care, as a trustee for Ann & Robert H. Lurie Children’s Hospital and Foundation, and on the finance board of the Archdiocese of Chicago.