leadership
confidence high
sentiment neutral
materiality 0.55
Webster Financial CAO Albert J. Wang resigns; Gregory S. Madar named interim CAO
WEBSTER FINANCIAL CORP
- Albert J. Wang to resign as EVP and CAO effective Sept 3, 2025; will stay through Sept 2 to assist transition.
- Gregory S. Madar, Senior Managing Director and Corporate Controller, appointed Interim CAO effective Sept 3.
- Madar served as Bank Corporate Controller since Nov 2023; previously CFO of HSA Bank and CAO from 2011-2017.
- Company initiating internal and external search for permanent CAO; Madar's interim compensation not yet determined.
item 5.02item 9.01