Webster Bank Announces Two Promotions
05 Aprile 2023 - 2:00PM
Business Wire
Massiani becomes Senior Executive Vice
President and President of Webster Bank; Motl elevated to Senior
Executive Vice President
Webster Bank announced today that two members of its executive
management team have been promoted.
Luis Massiani has been promoted to Senior Executive Vice
President and appointed President of Webster Bank. He continues in
his role as Chief Operating Officer, a role to which he was
appointed in January 2022 in connection with the completion of the
merger of equals between Webster Bank’s holding company, Webster
Financial Corporation, and Sterling Bancorp (collectively with
Sterling National Bank, “Sterling”). He oversees bank operations,
technology, retail and digital banking and corporate strategy.
Massiani joined Sterling in 2012 and served as Chief Financial
Officer before becoming Bank President in 2020. In 2021, he assumed
additional responsibilities as Chief Operating Officer of Sterling
National Bank.
Massiani holds an MBA from Kelley School of Business at Indiana
University.
Chris Motl, President of Commercial Banking, has also
been promoted to Senior Executive Vice President. Motl will
continue to lead all of Webster’s Commercial Banking verticals
including Commercial Real Estate, Commercial & Industrial,
Sponsor & Specialty Finance, Equipment Finance, Asset Based
Lending, Treasury Management, Middle Market, Business Banking and
Private Banking groups.
Motl joined Webster in 2004 as the co-founder of the company’s
Sponsor & Specialty Finance Group. He was promoted to Executive
Vice President in 2018 and is responsible for leading the continued
expansion of the Bank’s Commercial Banking activities. His role
further expanded in 2020 with the alignment of Business Banking
into the line of business.
Motl earned his bachelor’s degree from the University of
Colorado.
“I am pleased to elevate these two exemplary leaders and
recognize their outstanding contributions to the Company,” said
John R. Ciulla, President and CEO of Webster Financial Corporation
and CEO of Webster Bank. “Luis and Chris continue to demonstrate
values-driven leadership and high performance that differentiates
Webster in the marketplace.”
About Webster
Webster Bank (“Webster”) (NYSE:WBS) is a leading commercial bank
in the Northeast that provides a wide range of digital and
traditional financial solutions across three differentiated lines
of business: Commercial Banking, Consumer Banking and its HSA Bank
division, one of the country’s largest providers of employee
benefits solutions. Headquartered in Stamford, CT, Webster is a
values-driven organization with more than $70 billion in assets.
Its core footprint spans the northeastern U.S. from New York to
Massachusetts, with certain businesses operating in extended
geographies. Webster Bank is a member of the FDIC and an equal
housing lender. For more information about Webster, including past
press releases and the latest annual report, visit the Webster
website at www.websterbank.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230405005491/en/
Media Contact: Alice Ferreira 203-610-1521
acferreira@websterbank.com
Investor Contact: Emlen Harmon, 212-309-7646
eharmon@websterbank.com
Grafico Azioni Webster Financial (NYSE:WBS)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni Webster Financial (NYSE:WBS)
Storico
Da Giu 2023 a Giu 2024