Hartford Business Journal Special Editions

Lifetime Achievement Awards — June 11, 2018

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14 Hartford Business Journal • June 11, 2018 • www.HartfordBusiness.com Corporate Profile Webster Financial Corp. 145 Bank St., Waterbury, CT www.websteronline.com Webster Finan- cial is the holding company for Web- ster Bank, which provides financial services to individu- als, families, and businesses in the United States. 2015 2016 2017 0 200 400 600 800 1000 1200 In millions of dollars Profits Revenues $204.7M $207.1M $255.4M $997.8M $1.09B $1.17B News Headlines ■ ■ In April, Webster Financial Corp. posted a strong gain in first-quarter profits, driven by higher revenues from loans and service fees. The company also announced that it was increasing its common dividend by 7 cents to 33 cents per share. ■ ■ In January, John R. Ciulla began his tenure as president and CEO of Webster Financial, replacing longtime chief executive Jim Smith, who retired. ■ ■ Also in January, Webster joined a growing list of companies providing bonuses and/or higher pay to employees following passage of federal tax reforms. Corporate suite Stock Non-equity Exec. Salary Bonus Awards Incentive Total James C. Smith Former Chairman/CEO $950,000 $0 $1,825,799 $1,223,600 $5,800,260 John R. Ciulla Current CEO, President $725,000 $0 $548,498 $875,840 $2,290,226 Glenn I. MacInnes EVP & CFO $475,000 $0 $1,103,526 $471,359 $2,147,982 Profits and Revenues Fact box Industry: Financial services 1Q 2018 Revenue: $314.7M 1Q 2018 Net Income: $80.2M 1Q 2017 Net Income: $59.5M Quarterly Profit Change: $20.7M Cash: $7.5B Employees: 3,302 Competitors: TD Bank People's United Financial Inc. Citizens Financial Group Inc. Stock watch Ticker Symbol WBS Market Cap $6B 52 Week Range Price $44.04-$66.64 Outstanding Shares 92.1M Top institutional investors Shares % Stake T. Rowe Price 9,355,518 10.17 Blackrock Inc. 8,132,170 8.84 Vanguard Group Inc. 7,709,447 8.38 John R. Ciulla, CEO & President THE NORTH HOUSE, 1 NOD ROAD, AVON, CT 06001 | (860) 404-5951 | INFO@THENORTHHOUSE.COM | WWW.THENORTHHOUSE.COM PRIVATE DINING PACKAGES Our multiple, exclusive Private Dining Rooms are the perfect place to host your next party or outing. Our historic building can host private parties from 2 to 200 guests for breakfast, brunch, lunch or dinner, seven days a week.

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