Webster Financial Corp Appoints Neal Holland To CFO Role Following Glenn MacInnes' Retirement

Neal Holland to assume CFO role following Glenn MacInnes' retirement

Former OCC Deputy Comptroller Bill Haas joins Board of Directors

Webster Financial Corporation (NYSE:WBS) ("Webster" or "the Company"), the holding company, for Webster Bank, N.A., (the "Bank") announced its Board of Directors approved both the appointment of William (Neal) Holland, as Executive Vice President, Finance of both the Company and the Bank, and the election of William (Bill) Haas, as a new non-management member of the Board of Directors of the Company and the Bank.

In addition, the Board of Directors also appointed Holland as the Chief Financial Officer (CFO) for the Company and the Bank to be effective following current Executive Vice President and CFO Glenn MacInnes' previously announced retirement, which is expected in August 2024. At that time, MacInnes will assume an advisory role.