UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On April 5, 2023, Webster Financial Corporation (“Webster” or the “Company”), announced that two members of the Webster Bank, National Association (the “Bank”) executive management team have been promoted, in each case effective April 5, 2023.
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.
Chris Motl, the Bank’s President of Commercial Banking, has also been promoted to Senior Executive Vice President of the Bank. Mr. Motl will continue to lead all of Webster Bank’s Commercial Bank’s verticals including Commercial Real Estate, Commercial & Industrial, Sponsor & Specialty and Equipment Finance, Asset Based Lending, Treasury Management, Business and Middle Market and Private Banking groups.
On April 5, 2023, Company issued a press release announcing the promotions of Mr. Massiani and Mr. Motl, a copy of which is attached as Exhibit 99.1 hereto.
| Item 9.01 | Financial Statements and Exhibits |
(d) Exhibits.
| Exhibit Number |
Description | |
| 99.1 | Press Release, dated April 5, 2023. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| WEBSTER FINANCIAL CORPORATION | ||||||
| (Registrant) | ||||||
| Date: April 5, 2023 | /s/ Albert J. Wang | |||||
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Albert J. Wang | |||||
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Executive Vice President and Chief Accounting Officer | |||||