secwatch.observer — SEC 8-K summary
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Issuer:     WEBSTER FINANCIAL CORP (WBS)
CIK:        0000801337
Form:       8-K
Filed at:   2025-07-01T23:59:59+00:00
Accession:  0000801337-25-000061
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Webster Financial names Jason Schugel CRO, adds Frederick Crawford to board
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- Jason Schugel appointed CRO and EVP effective July 14, succeeding retiring Daniel Bley.
- Schugel previously CRO of Ally Bank; brings 25+ years of risk and audit experience.
- Frederick Crawford appointed independent director effective July 1; board increases from 12 to 13.
- Crawford will serve on Audit and Risk Committees; named audit committee financial expert.
- Crawford is former President/COO of AFLAC and former CFO of CNO and Lincoln Financial.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/801337/000080133725000061/0000801337-25-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/801337/000080133725000061/wbs-20250625.htm
  HTML page:      https://secwatch.observer/filing/0000801337-25-000061

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer