Webster Financial Corporation (WBS)

44.54 +1.27 (+2.94%) At close: 04:00PM EST

Webster Financial Corporation

200 Elm Street
Stamford, CT 06902
United States
203 578 2202
https://public.websteronline.com

Sector(s): Financial Services
Industry: Banks - Regional
Full Time Employees: 4,065

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Jack L. Kopnisky	Executive Chairman of the Board	3.85M	N/A	1956
Mr. John R. Ciulla	President, CEO & Director	3.25M	N/A	1966
Mr. Glenn I. MacInnes	Executive VP & CFO	1.5M	N/A	1961
Mr. Luis R. Massiani	COO & Senior Executive VP	1.79M	N/A	1977
Mr. Christopher J. Motl	Senior Executive VP & President of Commercial Banking	1.75M	N/A	1971
Mr. Albert J. Wang CPA	Executive VP & Chief Accounting Officer	N/A	N/A	1975
Mr. Vikram Nafde	Chief Information Officer	N/A	N/A	N/A
Mr. Emlen Briggs Harmon C.F.A.	Director of Investor Relations	N/A	N/A	N/A
Ms. Kristy Berner Esq.	Executive VP, General Counsel & Corporate Secretary	N/A	N/A	1974
Ms. Alice Ferreira	Senior MD of Corporate Communications	N/A	N/A	N/A

Amounts are as of December 31, 2022 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. Currency in USD.

Description

Webster Financial Corporation operates as the bank holding company for Webster Bank, National Association that provides a range of financial services to individuals, families, and businesses in the United States. It operates through three segments: Commercial Banking, HSA Bank, and Consumer Banking. The Commercial Banking segment provides commercial real estate and equipment financing, business banking, asset-based lending, and commercial services; public sector finance; mortgage warehouse financing; treasury management services; credit, deposit, and cash flow management services; and wealth management solutions to business owners and operators, including trust, asset management, financial planning, insurance, retirement, and investment products, as well as derivative, treasury, accounts payable, accounts receivable, and trade products and services. The HSA Bank segment offers health savings accounts, health reimbursement arrangements, flexible spending accounts, and commuter services that are distributed directly to employers and individual consumers, as well as through national and regional insurance carriers, consultants, and financial advisors. The Consumer Banking segment provides consumer deposit and fee-based services, residential mortgages, home equity lines, secured and unsecured loans, and credit cards to consumers; and small business banking products, such as credit, deposit, and cash flow management to businesses and professional service firms. It also offers online and mobile banking services. Webster Financial Corporation was founded in 1935 and is headquartered in Stamford, Connecticut.

Corporate Governance

Webster Financial Corporation’s ISS Governance QualityScore as of November 28, 2023 is 3. The pillar scores are Audit: 4; Board: 4; Shareholder Rights: 3; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.