Top Webster Bank exec set to retire
HBJ PHOTO | ANDREW LARSON
Webster Bank's office at 145 Bank St., Waterbury.
Webster Financial Corp., parent company of Stamford-based Webster Bank, announced that its executive vice president and chief risk officer, Dan Bley, plans to retire.
Bley, who has been with the bank for 14 years, will remain in his position until a successor is appointed. After that, he will serve in an advisory role to ensure a smooth transition, the bank said.
Webster, which has $79 billion in assets, said it has hired executive search firm Russell Reynolds to help find Bley’s replacement.
“Dan 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’s substantial growth," said John Ciulla, chairman and CEO of Webster Financial Corp.
Longtime Webster Bank executive Timothy D. Bergstrom also recently left the Stamford-based regional lender to join a local community bank.
Bergstrom has been named executive vice president and chief operating officer of Thomaston Savings Bank, which has 16 branches and $1.8 billion in assets.
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