8-K filed July 15, 2024, 7:59 PM ET ticker WBS CIK 0000801337

leadership confidence high sentiment neutral materiality 0.60

Webster Financial names Neal Holland as CFO successor, Bill Haas to board

WEBSTER FINANCIAL CORP

Neal Holland to become CFO after Glenn MacInnes' retirement expected August 2024; Holland was CFO at First Republic Bank.
William (Bill) Haas, former OCC Deputy Comptroller, appointed to board; board size increased to 12.
Holland's compensation: $650k base salary, 110% target cash incentive, 190% LTI target, $750k RSU grant, $200k sign-on, $600k relocation.

item 5.02 item 9.01

Executive movements

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

Appointed

William (Neal) Holland

Executive Vice President, Finance

WBS · WEBSTER FINANCIAL CORP

Effective: 2024-07-15
Filed: July 15, 2024, 7:59 PM ET

On July 15, 2024, Webster Financial Corporation (“ Webster ” or the “ Company ”) announced that the Board of Directors appointed William (Neal) Holland, as Executive Vice President, Finance, of the Company and Webster Bank, N.A. (the “ Bank ”), effective July 15, 2024.

Departed

Glenn MacInnes

Executive Vice President and Chief Financial Officer

WBS · WEBSTER FINANCIAL CORP

Successor: William (Neal) Holland
Filed: July 15, 2024, 7:59 PM ET

effective upon the previously announced retirement of Glenn MacInnes from his position as Executive Vice President and Chief Financial Officer of the Company and the Bank, which is expected in August 2024.

Appointed

William D. Haas

Director

WBS · WEBSTER FINANCIAL CORP

Effective: 2024-07-15
Filed: July 15, 2024, 7:59 PM ET

On July 15, 2024, the Company also announced that William D. Haas was appointed to the Company’s Board of Directors, effective immediately.

Appointed

William (Neal) Holland

Chief Financial Officer

WBS · WEBSTER FINANCIAL CORP

Successor: Glenn MacInnes
Filed: July 15, 2024, 7:59 PM ET

The Board of Directors also appointed Mr. Holland as the Chief Financial Officer of the Company and the Bank, effective upon the previously announced retirement of Glenn MacInnes from his position as Executive Vice President and Chief Financial Officer of the Company and the Bank, which is expected in August 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

William (Neal) Holland was appointed as Executive Vice President, Finance at WEBSTER FINANCIAL CORP.

Action: appointed
Role: Executive Vice President, Finance

Exact text from the filing

On July 15, 2024, Webster Financial Corporation (“ Webster ” or the “ Company ”) announced that the Board of Directors appointed William (Neal) Holland, as Executive Vice President, Finance, of the Company and Webster Bank, N.A. (the “ Bank ”), effective July 15, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.9

Glenn MacInnes departed as Executive Vice President and Chief Financial Officer at WEBSTER FINANCIAL CORP.

Action: retirement
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

effective upon the previously announced retirement of Glenn MacInnes from his position as Executive Vice President and Chief Financial Officer of the Company and the Bank, which is expected in August 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

William D. Haas was appointed as Director at WEBSTER FINANCIAL CORP.

Action: appointed
Role: Director

Exact text from the filing

On July 15, 2024, the Company also announced that William D. Haas was appointed to the Company’s Board of Directors, effective immediately.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

William (Neal) Holland was appointed as Chief Financial Officer at WEBSTER FINANCIAL CORP.

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

The Board of Directors also appointed Mr. Holland as the Chief Financial Officer of the Company and the Bank, effective upon the previously announced retirement of Glenn MacInnes from his position as Executive Vice President and Chief Financial Officer of the Company and the Bank, which is expected in August 2024.

View on SEC.gov

WEBSTER FINANCIAL CORP filing history →

Source: SEC EDGAR

accession 0001193125-24-178861

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