Sarah Barr, 203-578-2287 Terry Mangan, 203-578-2318 sbarr@websterbank.com tmangan@websterbank.com
Two New Senior Vice Presidents Hired at Webster Bank
WATERBURY, Conn., January 15, 2014 - Webster Bank, a leading regional bank serving businesses and consumers from metro New York to Boston, Mass., today announced two new senior vice presidents: David Hadd joined Webster as senior vice president, director of continuous improvement; and David Verrone
joined the bank as senior vice president, treasury and payment solutions.
Hadd most recently served as vice president, head of global service engineering and transformation at American Express in New York, N.Y. A Six Sigma Master Black Belt, Hadd also previously served as vice president at the Strategic Initiatives and Technology Execution Performance Center at The Hartford Financial Services Group in Hartford, Conn.; as senior vice president, Americas operations strategy architecture and change at the Royal Bank of Scotland Group in Providence, R.I.; and as director of medical management and technology at CIGNA Corp. in Bloomfield, Conn.
A resident of Avon, Conn., Hadd earned his bachelor's degree at Michigan State University and received executive leadership certification from Babson College. He is committed to the community, serving on the Simsbury United Methodist Church Men's Committee and previously serving on the March of Dimes Ride Committee.
David Verrone most recently worked at Citizens Bank in Dedham, Mass., where he served as commercial marketing manager developing new customer acquisition and portfolio management initiatives. Prior to that, he worked at Sovereign Bank in Boston and Providence for 10 years in a wide variety of positions of increasing responsibility.
A resident of Mendon, Mass., Verrone earned his bachelor's degree from Syracuse University and his MBA from Bentley College. He volunteers at the Boston Food Bank; serves on the board of directors for Nipmuc Youth Football, as well as coaches and is the league treasurer; and is a member of the board of directors, coach, and communications director for Mendon Junior Baseball.
About Webster
Webster Financial Corporation is the holding company for Webster Bank, N.A. With $21 billion in assets, Webster provides business and consumer banking, mortgages, private banking, trust and investment services through 168 banking offices; 310 ATMs; telephone banking; mobile banking; and the Internet. Webster Bank owns the asset based lending firm Webster Business Credit Corporation; the equipment finance firm Webster Capital Finance Corporation; and provides health savings account trustee and administrative services through HSA Bank, a division of Webster Bank. Member FDIC and equal housing lender. For more information about Webster, including past press releases and the latest annual report, visit the Webster website at www.websterbank.comor follow us on LinkedIn http://linkedin.com/company/webster-bankand Twitter https://twitter.com/WebsterBank.
Webster Financial Corporation is the holding company for Webster Bank, N.A. and its HSA Bank division. The Company's segments include Commercial Banking, HSA Bank, and Consumer Banking. The Commercial Banking segment serves businesses with more than two million dollars of revenue through its commercial real estate and equipment finance, business banking, asset-based lending and commercial services, private banking, treasury management and other business units. The HSA Bank segment offers a comprehensive consumer-directed employee benefit and healthcare solution that includes health savings accounts, health reimbursement arrangements, flexible spending accounts, and commuter benefits. The Consumer Banking segment operates a distribution network, throughout southern New England and the New York metro and suburban markets, that comprises approximately 198 banking centers and 349 automated teller machines, a customer care center and a full range of Web and mobile-based banking services.
WEBSTER FINANCIAL CORPORATION 
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