WBS - Webster Financial Corporation

NYSE - Nasdaq Real Time Price. Currency in USD

Webster Financial Corporation

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

Sector(s)Financial Services
IndustryBanks—Regional
Full Time Employees4,065

Key Executives

NameTitlePayExercisedYear Born
Mr. Jack L. KopniskyExec. Chairman3.85MN/A1956
Mr. John R. CiullaPres, CEO & Director3.25MN/A1966
Mr. Glenn I. MacInnesExec. VP & CFO1.5MN/A1961
Mr. Luis R. MassianiCOO & Sr. Exec. VP1.79MN/A1977
Mr. Christopher J. MotlSr. Exec. VP & Pres of Commercial Banking1.75MN/A1971
Mr. Albert J. Wang CPA, CPAExec. VP & Chief Accounting OfficerN/AN/A1975
Mr. Vikram NafdeChief Information OfficerN/AN/AN/A
Mr. Emlen Briggs Harmon C.F.A.Director of Investor RelationsN/AN/AN/A
Katherine Vines TrumbullActing Gen. CounselN/AN/AN/A
Ms. Alice FerreiraSr. VP of Corp. Communications & Public AffairsN/AN/AN/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 June 1, 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.