secwatch / observer
8-K filed January 30, 2024, 6:59 PM ET ticker WBS CIK 0000801337
leadership confidence high sentiment neutral materiality 0.55

Webster Financial appoints Luis Massiani President & COO; Ciulla becomes Chairman

WEBSTER FINANCIAL CORP

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Luis Massiani

President and Chief Operating Officer
WBS · WEBSTER FINANCIAL CORP
Effective
2024-02-01
Filed
January 30, 2024, 6:59 PM ET
On January 24, 2024, Webster Financial Corporation (the “ Company ”) appointed Luis Massiani, currently President and Chief Operating Officer of Webster Bank, N.A. (the “ Bank ”), as the Company’s President and Chief Operating Officer, effective as of February 1, 2024
Role change

John Ciulla

President of the Bank
WBS · WEBSTER FINANCIAL CORP
Effective
2024-02-01
Filed
January 30, 2024, 6:59 PM ET
Also effective February 1, 2024, John Ciulla, currently President and Chief Executive Officer of the Company and Chief Executive Officer of the Bank, will assume the role of President of the Bank.
Role change

John Ciulla

Chairman of the Boards
WBS · WEBSTER FINANCIAL CORP
Effective
2024-01-31
Filed
January 30, 2024, 6:59 PM ET
Following Mr. Kopnisky’s departure, Mr. Ciulla will succeed Mr. Kopnisky as Chairman of both Boards
Departed

Jack L. Kopnisky

Executive Chairman and director
WBS · WEBSTER FINANCIAL CORP
Effective
2024-01-31
Successor
John Ciulla
Filed
January 30, 2024, 6:59 PM ET
Mr. Kopnisky will cease to serve as a member of both Boards and will instead serve as a strategic consultant to the Company and the Bank.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Luis Massiani was appointed as President and Chief Operating Officer at WEBSTER FINANCIAL CORP.

Action
appointed
Role
President and Chief Operating Officer
Exact text from the filing
On January 24, 2024, Webster Financial Corporation (the “ Company ”) appointed Luis Massiani, currently President and Chief Operating Officer of Webster Bank, N.A. (the “ Bank ”), as the Company’s President and Chief Operating Officer, effective as of February 1, 2024
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

John Ciulla changed role as President of the Bank at WEBSTER FINANCIAL CORP.

Action
assumed
Role
President of the Bank
Exact text from the filing
Also effective February 1, 2024, John Ciulla, currently President and Chief Executive Officer of the Company and Chief Executive Officer of the Bank, will assume the role of President of the Bank.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

John Ciulla changed role as Chairman of the Boards at WEBSTER FINANCIAL CORP.

Action
succeeded
Role
Chairman of the Boards
Exact text from the filing
Following Mr. Kopnisky’s departure, Mr. Ciulla will succeed Mr. Kopnisky as Chairman of both Boards
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Jack L. Kopnisky departed as Executive Chairman and director at WEBSTER FINANCIAL CORP.

Action
ceased to serve
Role
Executive Chairman and director
Exact text from the filing
Mr. Kopnisky will cease to serve as a member of both Boards and will instead serve as a strategic consultant to the Company and the Bank.
View on SEC.gov

WEBSTER FINANCIAL CORP filing history →

Source: SEC EDGAR
accession 0000801337-24-000005
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