{"id":832609,"date":"2025-04-01T16:06:18","date_gmt":"2025-04-01T20:06:18","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/webster-announces-chief-risk-officer-transition\/"},"modified":"2025-04-01T16:06:18","modified_gmt":"2025-04-01T20:06:18","slug":"webster-announces-chief-risk-officer-transition","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/webster-announces-chief-risk-officer-transition\/","title":{"rendered":"Webster Announces Chief Risk Officer Transition"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Webster Announces Chief Risk Officer Transition<\/b><\/p>\n<p class=\"bwalignc\"><i>Daniel Bley to Retire After 14 Years with Company<\/i><\/p>\n<p class=\"bwalignc\"><i>Company Initiates Search for Successor; Bley to Serve in the Role <\/i><i>Until a New CRO is Appointed<\/i><\/p>\n<p>STAMFORD, Conn.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nWebster Financial Corporation (NYSE: WBS) (\u201cWebster\u201d or \u201cthe Company\u201d), the holding company for Webster Bank, N.A., today announced that after 14 years with the Company, Dan Bley intends to retire from his role as Executive Vice President and Chief Risk Officer (CRO). Mr. Bley will continue to serve as the Company\u2019s CRO until a successor is appointed and will then serve in an advisory role to ensure a smooth transition.\n<\/p>\n<p>\n\u201cDan has been instrumental in driving a strong risk culture at Webster and significantly advancing the risk management programs and capabilities across the company, in support of the bank\u2019s substantial growth,&#8221; said John Ciulla, Chairman and Chief Executive Officer of Webster Financial Corporation.\n<\/p>\n<p>\n\u201cIt has been my privilege to work with the Webster Board and executive management team that has always been committed to ensuring a strong risk culture at the bank and investing in risk management personnel, processes and technology necessary to support our growth,\u201d said Bley.\n<\/p>\n<p>\nWebster has initiated a comprehensive search process with the support of Russell Reynolds, a leading executive search firm.\n<\/p>\n<p><b>About Webster<\/b><\/p>\n<p>\nWebster Bank (\u201cWebster\u201d) 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 Healthcare Financial Services, one of the country&#8217;s largest providers of employee benefits and administration of medical insurance claim settlements solutions. Headquartered in Stamford, CT, Webster is a values-driven organization with $79 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 <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.websterbank.com&amp;esheet=54231944&amp;newsitemid=20250401383700&amp;lan=en-US&amp;anchor=www.websterbank.com&amp;index=1&amp;md5=d16069af1994ec2af88083bc4e4331af\">www.websterbank.com<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250401383700r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250401383700\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250401383700\/en\/<\/a><\/span><\/p>\n<p><b>Media Contact:<br \/>\n<br \/><\/b>Alice Ferreira, 203-578-2610<br \/>\n<b><br \/><\/b><a rel=\"nofollow\" href=\"mailto:acferreira@websterbank.com\">acferreira@websterbank.com<\/a><\/p>\n<p><b>Investor Contact:<br \/>\n<br \/><\/b>Emlen Harmon, 212-309-7646<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:eharmon@websterbank.com\">eharmon@websterbank.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Connecticut<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Finance Banking Professional Services Asset Management Insurance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>Webster Announces Chief Risk Officer Transition Daniel Bley to Retire After 14 Years with Company Company Initiates Search for Successor; Bley to Serve in the Role Until a New CRO is Appointed STAMFORD, Conn.&#8211;(BUSINESS WIRE)&#8211; Webster Financial Corporation (NYSE: WBS) (\u201cWebster\u201d or \u201cthe Company\u201d), the holding company for Webster Bank, N.A., today announced that after 14 years with the Company, Dan Bley intends to retire from his role as Executive Vice President and Chief Risk Officer (CRO). Mr. Bley will continue to serve as the Company\u2019s CRO until a successor is appointed and will then serve in an advisory role to ensure a smooth transition. \u201cDan has been instrumental in driving a strong risk culture at Webster and significantly advancing &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/webster-announces-chief-risk-officer-transition\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Webster Announces Chief Risk Officer Transition&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-832609","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Webster Announces Chief Risk Officer Transition - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/webster-announces-chief-risk-officer-transition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Webster Announces Chief Risk Officer Transition - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Webster Announces Chief Risk Officer Transition Daniel Bley to Retire After 14 Years with Company Company Initiates Search for Successor; Bley to Serve in the Role Until a New CRO is Appointed STAMFORD, Conn.&#8211;(BUSINESS WIRE)&#8211; Webster Financial Corporation (NYSE: WBS) (\u201cWebster\u201d or \u201cthe Company\u201d), the holding company for Webster Bank, N.A., today announced that after 14 years with the Company, Dan Bley intends to retire from his role as Executive Vice President and Chief Risk Officer (CRO). Mr. Bley will continue to serve as the Company\u2019s CRO until a successor is appointed and will then serve in an advisory role to ensure a smooth transition. \u201cDan has been instrumental in driving a strong risk culture at Webster and significantly advancing &hellip; Continue reading &quot;Webster Announces Chief Risk Officer Transition&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/webster-announces-chief-risk-officer-transition\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-01T20:06:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250401383700r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/webster-announces-chief-risk-officer-transition\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/webster-announces-chief-risk-officer-transition\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Webster Announces Chief Risk Officer Transition\",\"datePublished\":\"2025-04-01T20:06:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/webster-announces-chief-risk-officer-transition\\\/\"},\"wordCount\":391,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/webster-announces-chief-risk-officer-transition\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20250401383700r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/webster-announces-chief-risk-officer-transition\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/webster-announces-chief-risk-officer-transition\\\/\",\"name\":\"Webster Announces Chief Risk Officer Transition - 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