SRC appoints new general counsel

provided by SRC Holdings Corp.

Elizabeth Wente has been promoted to general counsel at SRC Holdings Corp.

SRC Holdings Corp. has filled one of the key roles left vacant upon the death last month of longtime executive Dennis Sheppard.

Elizabeth Wente has been promoted to general counsel, effective Oct. 9, according to a news release. Previously a partner at Spencer Fane LLP, Wente joined SRC in early 2024 as deputy general counsel. 

"We’re fortunate to have deep bench strength and expertise on our legal team,” Wente said in the release. "I look forward to working with the team to build on the foundation Dennis Sheppard provided with a continued focus on strengthening our companies and improving the lives of our employee-owners."

Sheppard, who was SRC's general counsel for over 30 years and additionally served as chief financial officer and vice president of SRC Development Group Inc., died Sept. 19 at age 75, according to past reporting. 

Asked about succession planning around Sheppard's other titles, SRC Marketing and Communications Manager Danielle Rapp said Ryan Stack will continue to oversee SRC Development Group since his promotion to executive vice president in August 2024.

"We have strong executive leadership in finance and will not be formally filling the CFO role," Rapp said via email.

Wente, who spent more than a decade as a private practice attorney before joining SRC, reports directly to SRC Holdings President Tim Stack in her new general counsel role, according to the release.

SRC this summer announced the promotion of 18-year company veteran Stack to president as part of a succession plan started in 2017, according to a separate news release. Jack Stack continues to serve as CEO and board chair.