Webster Financial Corporation (NYSE: WBS) announced significant appointments and elections to its leadership team and board. The Board of Directors approved the appointment of William (Neal) Holland as Executive Vice President, Finance of both Webster Financial Corporation and Webster Bank, N.A. Concurrently, William (Bill) Haas was elected as a new non-management member of the Board of Directors for both entities.
Additionally, the Board appointed Neal Holland as the Chief Financial Officer (CFO) for Webster Financial Corporation and Webster Bank, effective upon the retirement of current Executive Vice President and CFO Glenn MacInnes in August 2024. MacInnes will transition into an advisory role following his retirement.
Neal Holland brings over 20 years of strategic financial expertise, having most recently served as CFO at First Republic Bank until May 2023. His previous roles include CFO of Mitsubishi UFJ Financial Group (MUFG) Union Bank, N.A., and MUFG Americas Holding Corporation, along with other senior operational positions. Holland is a CPA and holds a CFA distinction, with a bachelor’s degree in business administration from the University of Washington.
Bill Haas joins the board with a distinguished 38-year career at the Office of the Comptroller of the Currency (OCC), where he held various leadership roles, including Deputy Comptroller for Midsize Bank Supervision. He played a pivotal role in enhancing Minority Depository Institutions and currently serves as a Senior Advisor to the Midsize Bank Coalition of America (MBCA). Haas graduated from Hastings College with degrees in business administration and political science.
John Ciulla, Chairman and CEO of Webster, expressed enthusiasm about these appointments, stating, “We are excited to welcome Neal and Bill to Webster. Neal’s extensive banking experience and Bill’s regulatory expertise will greatly benefit our leadership team and board as we continue to strengthen our market position.”
These appointments signify Webster Financial Corporation’s strategic focus on bolstering its leadership team and governance structure to drive continued growth and innovation in the financial services sector.
