{"schema_version":"secwatch.filing_event.v1","accession":"0000801337-24-000005","form_type":"8-K","ticker":"WBS","cik":"0000801337","company_name":"WEBSTER FINANCIAL CORP","filed_at":"2024-01-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.958163+00:00","generated_at":"2026-06-06T15:30:01.736206+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Webster Financial appoints Luis Massiani President & COO; Ciulla becomes Chairman","bullets":["Luis Massiani, currently President/COO of Webster Bank, appointed President/COO of the Company effective Feb 1, 2024.","John Ciulla to succeed Jack Kopnisky as Chairman of both Boards; Kopnisky becomes strategic consultant.","Massiani's salary increased to $900,000; new change-in-control and non-competition agreements entered.","Christopher Motl's change-in-control severance multiple increased from 2x to 3x; effective Feb 1, 2024.","No new compensatory arrangements for Ciulla in connection with his appointment."],"urls":{"canonical":"https://secwatch.observer/filing/0000801337-24-000005","json":"https://secwatch.observer/filing/0000801337-24-000005.json","markdown":"https://secwatch.observer/filing/0000801337-24-000005.md","text":"https://secwatch.observer/filing/0000801337-24-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/801337/000080133724000005/0000801337-24-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/801337/000080133724000005/wbs-20240130.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T15:30:01.736206+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"36017a0162","claim":"Luis Massiani was appointed as President and Chief Operating Officer at WEBSTER FINANCIAL CORP.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/801337/000080133724000005/0000801337-24-000005-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President and Chief Operating Officer"}],"fact_type":"executive_change"},{"claim_id":"5b145d56d6","claim":"John Ciulla changed role as President of the Bank at WEBSTER FINANCIAL CORP.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/801337/000080133724000005/0000801337-24-000005-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"assumed"},{"label":"Role","value":"President of the Bank"}],"fact_type":"executive_change"},{"claim_id":"f0470389dd","claim":"John Ciulla changed role as Chairman of the Boards at WEBSTER FINANCIAL CORP.","evidence_excerpt":"Following Mr. Kopnisky’s departure, Mr. Ciulla will succeed Mr. Kopnisky as Chairman of both Boards","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/801337/000080133724000005/0000801337-24-000005-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"succeeded"},{"label":"Role","value":"Chairman of the Boards"}],"fact_type":"executive_change"},{"claim_id":"fec6b53e40","claim":"Jack L. Kopnisky departed as Executive Chairman and director at WEBSTER FINANCIAL CORP.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/801337/000080133724000005/0000801337-24-000005-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"ceased to serve"},{"label":"Role","value":"Executive Chairman and director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}