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Wilmington Trust Corporation (WL)

On Feb 9: 12.76 USD  Up 0.45 (3.66%)  
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Wilmington Trust Corporation
1100 North Market Street
Rodney Square North
Wilmington, DE 19890
Phone: 302-651-1000
Fax: 302-651-8010
Web Site: http://www.wilmingtontrust.com

DETAILS
Index Membership: S&P 400 MidCap
S&P 1500 Super Comp
Sector: Financial
Industry: Regional - Mid-Atlantic Banks
Employees (last reported count): 2,672

BUSINESS SUMMARY
Wilmington Trust Corporation operates as the holding company for Wilmington Trust Company that provides fiduciary, wealth management, investment advisory, financial planning, insurance, broker-dealer, lending, and deposit-taking services in the United States and internationally. The Regional Banking segment offers various commercial banking services, including commercial loans, construction loans, and commercial mortgages in Delaware, Maryland, New Jersey, and Pennsylvania; and retail banking services comprising consumer lending, residential mortgage lending, and deposit products, such as demand checking, certificates of deposit, NOW accounts, and savings and money market accounts in Delaware. The Corporate Client Services segment offers various capital markets services, including owner trustee, indenture trustee, and other specialized services for capital markets transactions; entity management services consisting of independent directors, office space, administrative services, and corporate governance services to special purpose entities and captive insurance companies; retirement services that include trustee and administrative services for 401(k) and other types of retirement plans; and investment and cash management services. This segment serves institutional clients, who seek the advantageous legal, tax, and creditor protections available in jurisdictions in the United States, the Caribbean, and Europe. The Wealth Advisory Services segment provides asset management services; family office services comprising family governance planning, investment consulting, real estate acquisition and disposition, cash flow management and budgeting, tax planning and compliance, risk assessment, insurance oversight, family security, bill payment, and payroll management services; and fiduciary services, which include trust, administrative, tax, philanthropic, and estate settlement services. The company was founded in 1901 and is headquartered in Wilmington, Delaware.
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    OFFICERS
      Pay Exercised
    Mr. Ted Thomas Cecala , 58
    Chairman, Chief Exec. Officer, Chairman of Wilmington Trust Company and Chief Exec. Officer of Wilmington Trust Company
    $ 1.16M $ 2.86M
    Mr. Robert V.A. Harra Jr., 58
    Pres, Chief Operating Officer
    $ 773.00K $ 2.18M
    Mr. David Reed Gibson , 50
    Chief Financial Officer, Exec. VP of Fin., Chief Financial Officer of Wilmington Trust Company and Exec. VP of Wilmington Trust Company
    $ 492.00K $ 0
    Mr. Rodney Paul Wood , 48
    Exec. VP and Exec. VP of Wilmington Trust Company
    $ 674.00K $ 204.00K
    Mr. William J. Farrell II, 49
    Exec. VP of Corp. Client Services and Wilmington Trust Company
    $ 544.00K $ 237.00K
    Dollar amounts are as of 31-Dec-06 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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