WATERBURY, Conn., Oct. 24, 2018 /PRNewswire/
-- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank,
N.A. and its HSA Bank division, announced today that E. Carol Hayles has been appointed to its and
Webster Bank's boards of directors effective October 23, 2018. She
also has been appointed to the Audit and Risk Committees of the boards.
Ms. Hayles, 57, served as executive vice president and chief financial officer of CIT Group Inc. from November 2015 to May 2017, during which time she was responsible for overseeing
all financial operations, including the Controllers, Planning, Tax, Treasury, and Investor Relations departments. She served as
controller and principal accounting officer of CIT Group Inc. from July 2010 to November 2015 where she was responsible for managing the financial accounting and reporting functions,
including SEC and regulatory reporting.
Prior to CIT, Ms. Hayles spent 24 years in various finance roles at Citigroup, Inc., most recently as deputy controller, and
began her career at PricewaterhouseCoopers LLP. Ms. Hayles currently serves on the board of Blucora, Inc.
"Webster is committed to enriching our board membership with diverse experience and expertise," said James C. Smith, Chairman. "Carol's deep financial services background, including in financial,
operations and strategy at a global financial institution, will be valuable to the board's deliberations."
About Webster
Webster Financial Corporation is the holding company for Webster Bank, National Association and
its HSA Bank division. With $27.3 billion in assets, Webster provides business and consumer
banking, mortgage, financial planning, trust, and investment services through 157 banking centers and 319 ATMs. Webster also
provides mobile and Internet banking. Webster Bank owns the asset-based lending firm Webster
Business Credit Corporation; the equipment finance firm Webster Capital Finance Corporation; and HSA Bank, a division of
Webster Bank, which provides health savings account trustee and administrative services.
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 www.websterbank.com.
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SOURCE Webster Financial Corporation