Issue link: https://nebusinessmedia.uberflip.com/i/1215777
n e w h a v e n b i z . c o m | M a r c h 2 0 2 0 | n e w h a v e n B I Z 43 450 Lighthouse Road, New Haven, CT • (203) 469-9010 • AnthonysOceanView.com Not Your Ordinary Corporate Event F I N E C A T E R I N G C-SUITE T H E L O O P Webster completes leadership transition It will mark the end of an era at Webster Bank when James C. Smith, son of the Waterbury bank's founder, retires this spring aer more than 30 years in leadership roles at the Waterbury bank. Smith, 71, has been non-execu- tive chairman of the bank's parent company, Webster Financial Corp. (NYSE: WBS), since retiring as CEO two years ago. He had been the bank's president from 1987 to 1995, when he was named CEO. His father, the late Harold Web- ster Smith, founded First Federal Savings of Waterbury in 1935, which was renamed aer him when he retired in 1995. In the culmination of a transi- tion plan two year in the making, John R. Ciulla, 54, who succeeded James Smith as CEO in 2018, will assume Smith's chairman role at the company's 2020 shareholder meeting in April. Smith called Ciulla a "principled leader" who has "ably demonstrated his leadership skills, strategic acu- men and responsible stewardship of the values that define Webster. Webster Financial had $30.39 bil- lion in total assets as of Dec. 31. e bank has 157 branches and offices across southern New England and New York with the bulk of them, 112, in Connecticut. Webster is the second-largest Connecticut-head- quartered bank by deposits. Smith is not exactly riding off into the sunset. Last spring, Gov. Ned Lamont named Smith co-chair of the Connecticut Economic Resource Center. * * * Albertus Magnus College Pres- ident Marc M. Camille, Ed.D., has been elected to the board of directors of the National Associ- ation of Independent Colleges & Universities (NAICU), a national policy organization serving as a unified voice for private, nonprofit higher education. Camille's term concludes in February 2023. * * * New Haven law firm of Carmo- dy, Torrance, Sandak & Hennessey LLP has elected Richard L. Street managing partner. Previ- ously Street was assistant man- aging partner and practice group leader of the firm's litigation group. Street joined the firm as an associate in 1993 and made partner in 2001. He is a trial lawyer with substantial experience represent- ing energy companies and other businesses in land use, catastrophic personal injury and construction litigation matters. Street earned his JD from Duke University School of Law and AB cum laude from Hamilton College. He is a member of the Connecticut Bar Association, Waterbury Bar As- sociation, New Haven Bar Associ- ation and the Connecticut Defense Lawyers Association. n John R. Ciulla and James C. Smith, present and immediate past chairmen of Waterbury's Webster Financial Corp. Marc M. Camille

