Maureen B. Mitchell was appointed as Director at WEBSTER FINANCIAL CORP.
“As of the effective time of the Share Exchange, John R. Ciulla, Luis Massiani, Frederick J. Crawford and Maureen B. Mitchell became members of the boards of directors of SHUSA and SBNA.”
Frederick J. Crawford was appointed as Director at WEBSTER FINANCIAL CORP.
“As of the effective time of the Share Exchange, John R. Ciulla, Luis Massiani, Frederick J. Crawford and Maureen B. Mitchell became members of the boards of directors of SHUSA and SBNA.”
Luis Massiani was appointed as Director at WEBSTER FINANCIAL CORP.
“As of the effective time of the Share Exchange, John R. Ciulla, Luis Massiani, Frederick J. Crawford and Maureen B. Mitchell became members of the boards of directors of SHUSA and SBNA.”
John R. Ciulla was appointed as Director at WEBSTER FINANCIAL CORP.
“As of the effective time of the Share Exchange, John R. Ciulla, Luis Massiani, Frederick J. Crawford and Maureen B. Mitchell became members of the boards of directors of SHUSA and SBNA.”
Shareholder Votes
WEBSTER FINANCIAL CORP shareholders approved Proposal to approve the adjournment or postponement of the Special Meeting, if necessary or appropriate, to solicit additional proxies at the 2026-05-26 meeting.
“Proposal 3 — Proposal to approve the adjournment or postponement of the Special Meeting, if necessary or appropriate, to solicit additional proxies if, immediately prior to such adjournment, there are not sufficient votes to approve the Transaction Proposal or to ensure that any supplement or amendment to the accompanying document is timely provided (the “Adjournment Proposal”) FOR AGAINST ABSTAIN 114,010,089 2,963,510 286,357”
Shareholder Votes
WEBSTER FINANCIAL CORP shareholders approved Proposal to approve, on an advisory (non-binding) basis, the compensation payments that will or may be paid to the Company’s named executive officers in connection with the Transaction at the 2026-05-26 meeting.
“Proposal 2 — Proposal to approve, on an advisory (non-binding) basis, the compensation payments that will or may be paid to the Company’s named executive officers in connection with the Transaction (the “Compensation Proposal”) The Company’s stockholders approved, on an advisory (non-binding) basis, the Compensation Proposal as set forth below: FOR AGAINST ABSTAIN 68,045,455 48,130,845 1,083,656”
Shareholder Votes
WEBSTER FINANCIAL CORP shareholders approved Proposal to approve and adopt the Transaction Agreement and the transactions contemplated thereby at the 2026-05-26 meeting.
“Proposal 1 — Proposal to approve and adopt the Transaction Agreement and the transactions contemplated thereby (the “Transaction Proposal”) The Company’s stockholders approved the Transaction Proposal as set forth below: FOR AGAINST ABSTAIN 115,788,667 1,279,203 192,086”
Earnings Releases
WEBSTER FINANCIAL CORP reported the quarter ended March 31, 2026 results: net income net income applicable to common stockholders of $239.3 million, or $1.50 per diluted share.
“with Banco Santander, S.A., the Company will not conduct an earnings conference call or webcast. --- EX-99.1 (EX-99.1) --- WEBSTER REPORTS FIRST QUARTER 2026 EPS OF $1.50; ADJUSTED EPS OF $1.57 STAMFORD, Conn., April 28, 2026 - Webster Financial Corporation (“Webster”) (NYSE: WBS), the holding company for Webster Bank, N.A., today announced net”
Material Agreements
WEBSTER FINANCIAL CORP entered into Transaction Agreement with Banco Santander, S.A. (effective 2026-02-03).
“On February 3, 2026, Webster Financial Corporation, a Delaware corporation (“Webster”), entered into a Transaction Agreement (the “Transaction Agreement”) with Banco Santander, S.A., a Spanish sociedad anónima (“Banco Santander”), and a wholly owned subsidiary of Webster incorporated in the State of Virginia (the “Webster Subsidiary”).”
Glenn MacInnes departed as Executive Vice President and Chief Financial Officer at WEBSTER FINANCIAL CORP.
“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.”
William D. Haas was appointed as Director at WEBSTER FINANCIAL CORP.
“On July 15, 2024, the Company also announced that William D. Haas was appointed to the Company’s Board of Directors, effective immediately.”
William (Neal) Holland was appointed as Chief Financial Officer at WEBSTER FINANCIAL CORP.
“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.”
William (Neal) Holland was appointed as Executive Vice President, Finance at WEBSTER FINANCIAL CORP.
“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.”
Shareholder Votes
WEBSTER FINANCIAL CORP shareholders approved Ratification of Independent Registered Public Accounting Firm at the 2024-04-24 meeting.
“Proposal 3 — Auditor Ratification The Company's stockholders ratified the appointment by the Board of Directors of KPMG LLP as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2024, as set forth below: FOR AGAINST ABSTAIN 153,309,300 2,973,277 461,489”
Shareholder Votes
WEBSTER FINANCIAL CORP shareholders approved Say-on-Pay at the 2024-04-24 meeting.
“Proposal 2 — Say-on-Pay The Company's stockholders approved, on a non-binding, advisory basis, the compensation of the Company's named executive officers as set forth below: FOR AGAINST ABSTAIN BROKER NON-VOTES 141,591,347 2,616,117 499,156 12,037,446”
Shareholder Votes
WEBSTER FINANCIAL CORP shareholders approved Election of Directors at the 2024-04-24 meeting.
“Proposal 1 — Election of Directors The Company's stockholders elected eleven individuals to the Board of Directors to serve one-year terms, as set forth below: NOMINEES FOR AGAINST ABSTAIN BROKER NON-VOTES John R. Ciulla 138,161,319 6,348,432 196,869 12,037,446”
Earnings Releases
WEBSTER FINANCIAL CORP reported the quarter ended March 31, 2024 results: EPS $1.23 per diluted share.
“On April 23, 2024, Webster Financial Corporation (the Company) issued a press release reporting its results of operations for the quarter ended March 31, 2024.”
Glenn MacInnes departed as Executive Vice President and Chief Financial Officer at WEBSTER FINANCIAL CORP.
“On March 25, 2024, Webster Financial Corporation (“Webster” or the Company”) announced that Glenn MacInnes has informed the Company of his intent to retire from his position as Executive Vice President and Chief Financial Officer after 13 years of distinguished service and leadership with the Company.”
Jack L. Kopnisky departed as Executive Chairman and director at WEBSTER FINANCIAL CORP.
“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.”
John Ciulla changed role as Chairman of the Boards at WEBSTER FINANCIAL CORP.
“Following Mr. Kopnisky’s departure, Mr. Ciulla will succeed Mr. Kopnisky as Chairman of both Boards”
John Ciulla changed role as President of the Bank at WEBSTER FINANCIAL CORP.
“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.”
Luis Massiani was appointed as President and Chief Operating Officer at WEBSTER FINANCIAL CORP.
“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”
Earnings Releases
WEBSTER FINANCIAL CORP reported the quarter ended December 31, 2023 results: revenue $634.8 million, net income net income available to common stockholders of $181.2 million, EPS $1.05 per diluted share.
“executive officer. "Our strong financial position and proactive actions position us well for continued success in 2024." Highlights for the fourth quarter of 2023: • Revenue of $634.8 million. • Period end loan and lease balance of $50.7 billion, up $0.6 billion or 1.3 percent from prior quarter; 80.7 percent commercial loans and leases, 19.3 percent consumer loans,”
Earnings Releases
WEBSTER FINANCIAL CORP reported the quarter ended September 30, 2023 results: revenue $677.5 million, net income $222.3 million, EPS $1.28 per diluted share.
“milestone in the completion of our integration. We continue to be well positioned for the current operating environment." Highlights for the third quarter of 2023: • Revenue of $677.5 million. • Period end loans and leases balance of $50.1 billion, down $1.5 billion or 3.0 percent from prior quarter; 80.4 percent commercial loans and leases, 19.6 percent consumer”
Earnings Releases
WEBSTER FINANCIAL CORP reported financial results for the quarter ended June 30, 2023.
“On July 20, 2023, Webster Financial Corporation (the Company) issued a press release reporting its results of operations for the quarter ended June 30, 2023.”
Governance Changes
WEBSTER FINANCIAL CORP: Filed an amendment to the Fourth Amended and Restated Certificate of Incorporation to limit the liability of certain officers as permitted by recent DGCL amendments (effective 2023-04-28).
“On April 28, 2023, Webster Financial Corporation (the “ Company ”) filed an amendment to the Company’s Fourth Amended and Restated Certificate of Incorporation (the “ Amendment ”) with the Secretary of State of the State of Delaware, which became effective upon filing.”
Shareholder Votes
WEBSTER FINANCIAL CORP shareholders approved Ratification of appointment of KPMG LLP as independent auditor for fiscal year 2023 at the 2023-04-26 meeting.
“Proposal 6 — Auditor Ratification The Company’s stockholders ratified the appointment by the Board of Directors of KPMG LLP as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2023, as set forth below: FOR AGAINST ABSTAIN 154,997,047 1,847,534 158,749”
Shareholder Votes
WEBSTER FINANCIAL CORP shareholders approved Amendment to Fourth Amended and Restated Certificate of Incorporation to limit liability of certain officers at the 2023-04-26 meeting.
“Proposal 5 — Amendment to the Company’s Fourth Amended and Restated Certificate of Incorporation The Company’s stockholders approved an amendment to the Company’s Fourth Amended and Restated Certificate of Incorporation to limit the liability of certain officers of the Company, as set forth below: FOR AGAINST ABSTAIN BROKER NON-VOTES 128,295,134 17,280,514 256,347 11,171,335”
Shareholder Votes
WEBSTER FINANCIAL CORP shareholders approved Amendment to Webster Financial Corporation 2021 Stock Incentive Plan to increase authorized shares at the 2023-04-26 meeting.
“Proposal 4 — Amendment to the Webster Financial Corporation 2021 Stock Incentive Plan The Company’s stockholders approved an amendment to the Webster Financial Corporation 2021 Stock Incentive Plan to, among other things, increase the total number of shares authorized for issuance under such plan, as set forth below: FOR AGAINST ABSTAIN BROKER NON-VOTES 139,784,094 5,753,499 294,402 11,171,335”
Shareholder Votes
WEBSTER FINANCIAL CORP shareholders approved Advisory vote on frequency of future say-on-pay votes at the 2023-04-26 meeting.
“Proposal 3 — Frequency of Say-on-Pay The Company’s stockholders recommended, on a non-binding, advisory basis, that future advisory votes on the compensation of the named executive officers of the Company be held annually. The voting results are set forth below: ONE YEAR TWO YEARS THREE YEARS ABSTAIN BROKER NON-VOTES 140,362,967 201,241 4,812,660 455,127 11,171,335”
Shareholder Votes
WEBSTER FINANCIAL CORP shareholders approved Non-binding advisory vote to approve executive compensation at the 2023-04-26 meeting.
“Proposal 2 — Say-on-Pay The Company’s stockholders approved, on a non-binding, advisory basis, the compensation of the Company’s named executive officers as set forth below: FOR AGAINST ABSTAIN BROKER NON-VOTES 137,324,963 8,200,914 306,118 11,171,335”
Shareholder Votes
WEBSTER FINANCIAL CORP shareholders approved Election of fifteen directors to serve one-year terms at the 2023-04-26 meeting.
“Proposal 1 — Election of Directors The Company’s stockholders elected fifteen individuals to the Board of Directors to serve one-year terms, as set forth below: NOMINEES FOR AGAINST ABSTAIN BROKER NON-VOTES John R. Ciulla 144,543,496 1,169,446 119,053 11,171,335 Jack L. Kopnisky 140,776,946 4,913,875 141,174 11,171,335 William L. Atwell 139,425,407 6,277,174 129,414 11,171,335 John P. Cahill 134,589,665 11,110,302 132,028 11,171,335 E. Carol Hayles 143,985,898 1,719,819 126,278 11,171,335 Linda H. Ianieri 143,652,507 2,053,594 125,894 11,171,335 Mona Aboelnaga Kanaan 144,566,000 1,140,846 125,149 11,171,335 James J. Landy 144,595,696 1,100,917 135,382 11,171,335 Maureen B. Mitchell 144,591,229 1,112,103 128,663 11,171,335 Laurence C. Morse 135,545,005 10,156,250 130,740 11,171,335 Karen R. Osar 137,965,439 7,740,189 126,367 11,171,335 Richard O’Toole 137,273,007 8,417,118 141,870 11,171,335 Mark Pettie 144,655,532 1,044,911 131,552 11,171,335 Lauren C. States 144,819,423 876,025 136,54”
Earnings Releases
WEBSTER FINANCIAL CORP reported financial results for the quarter ended March 31, 2023.
“On April 20, 2023, Webster Financial Corporation (the Company) issued a press release reporting its results of operations for the quarter ended March 31, 2023.”
Chris Motl changed role as Senior Executive Vice President at WEBSTER FINANCIAL CORP.
“Chris Motl, the Bank’s President of Commercial Banking, has also been promoted to Senior Executive Vice President of the Bank.”
Luis Massiani was appointed as President at WEBSTER FINANCIAL CORP.
“Luis Massiani has been promoted to Senior Executive Vice President and appointed President of the Bank and continues in his role as Chief Operating Officer.”
Earnings Releases
WEBSTER FINANCIAL CORP reported the full year 2022 results: net income $628.4 million, EPS $3.72 per diluted share.
“For the full year 2022, net income available to common stockholders was $628.4 million, or $3.72 per diluted share”
Earnings Releases
WEBSTER FINANCIAL CORP reported the quarter ended December 31, 2022 results: revenue $704.6 million, net income $240.6 million, EPS $1.38 per diluted share.
“with our financial performance, we are equally proud of the progress we have made from a culture and talent perspective." Highlights for the fourth quarter of 2022: • Revenue of $704.6 million. • Period end loan and lease balance of $49.8 billion; 81 percent commercial loans and leases, 19 percent consumer loans, and a loan to deposit ratio of 92 percent. • Period end”
William E. Whiston was appointed as Director at WEBSTER FINANCIAL CORP.
“The seven directors designated by Sterling pursuant to the Merger Agreement and the Bylaw Amendment, each of whom previously served as a member of the board of directors of Sterling and was appointed by the Board and the Bank Board, in each case effective as of the Effective Time, are as follows: Jack L. Kopnisky, Mona Aboelnaga Kanaan, John P. Cahill, James J. Landy, Maureen B. Mitchell, Richard L. O’Toole and William E. Whiston”
Richard L. O’Toole was appointed as Director at WEBSTER FINANCIAL CORP.
“The seven directors designated by Sterling pursuant to the Merger Agreement and the Bylaw Amendment, each of whom previously served as a member of the board of directors of Sterling and was appointed by the Board and the Bank Board, in each case effective as of the Effective Time, are as follows: Jack L. Kopnisky, Mona Aboelnaga Kanaan, John P. Cahill, James J. Landy, Maureen B. Mitchell, Richard L. O’Toole and William E. Whiston”
Maureen B. Mitchell was appointed as Director at WEBSTER FINANCIAL CORP.
“The seven directors designated by Sterling pursuant to the Merger Agreement and the Bylaw Amendment, each of whom previously served as a member of the board of directors of Sterling and was appointed by the Board and the Bank Board, in each case effective as of the Effective Time, are as follows: Jack L. Kopnisky, Mona Aboelnaga Kanaan, John P. Cahill, James J. Landy, Maureen B. Mitchell, Richard L. O’Toole and William E. Whiston”
James J. Landy was appointed as Director at WEBSTER FINANCIAL CORP.
“The seven directors designated by Sterling pursuant to the Merger Agreement and the Bylaw Amendment, each of whom previously served as a member of the board of directors of Sterling and was appointed by the Board and the Bank Board, in each case effective as of the Effective Time, are as follows: Jack L. Kopnisky, Mona Aboelnaga Kanaan, John P. Cahill, James J. Landy, Maureen B. Mitchell, Richard L. O’Toole and William E. Whiston”
John P. Cahill was appointed as Director at WEBSTER FINANCIAL CORP.
“The seven directors designated by Sterling pursuant to the Merger Agreement and the Bylaw Amendment, each of whom previously served as a member of the board of directors of Sterling and was appointed by the Board and the Bank Board, in each case effective as of the Effective Time, are as follows: Jack L. Kopnisky, Mona Aboelnaga Kanaan, John P. Cahill, James J. Landy, Maureen B. Mitchell, Richard L. O’Toole and William E. Whiston”
Mona Aboelnaga Kanaan was appointed as Director at WEBSTER FINANCIAL CORP.
“The seven directors designated by Sterling pursuant to the Merger Agreement and the Bylaw Amendment, each of whom previously served as a member of the board of directors of Sterling and was appointed by the Board and the Bank Board, in each case effective as of the Effective Time, are as follows: Jack L. Kopnisky, Mona Aboelnaga Kanaan, John P. Cahill, James J. Landy, Maureen B. Mitchell, Richard L. O’Toole and William E. Whiston”
Luis Massiani was appointed as Chief Operating Officer at WEBSTER FINANCIAL CORP.
“As of the Effective Time, the Board and Bank Board appointed Luis Massiani as Chief Operating Officer of Webster and Webster Bank.”
Jack L. Kopnisky was appointed as Executive Chairman at WEBSTER FINANCIAL CORP.
“Pursuant to the Merger Agreement, the Bylaw Amendment and the Kopnisky Letter Agreement (as defined below), effective as of the Effective Time, Mr. Kopnisky, the Chief Executive Officer of Sterling prior to the Effective Time, was appointed Executive Chairman of the Board and the Bank Board.”
Elizabeth E. Flynn resigned as Director at WEBSTER FINANCIAL CORP.
“Elizabeth E. Flynn tendered her resignation as a member of the Board and the Bank Board and from all committees of the Board and the Bank Board on which she formerly served, effective as of the Effective Time.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.