WATERBURY, Conn., Sept. 18, 2017 /PRNewswire/ -- Webster Financial
Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., today announced Albert J. Wang has been named chief accounting
officer of Webster Financial Corporation and Webster Bank.
Wang has more than 20 years of accounting, tax, and audit
experience. He previously served as executive vice president and
chief accounting officer of Banc of California. Prior to that, he held positions
of increasing responsibility at Santander Bank, N.A., most recently
as senior vice president and chief accounting officer, and at
PricewaterhouseCoopers LLP.
As chief accounting officer, Wang will oversee corporate
accounting functions including corporate tax, regulatory reporting,
and accounting policy.
"Al's breadth of experience, including extensive working
knowledge with U.S. GAAP, IFRS and SEC reporting, will enhance
Webster's already strong corporate accounting functions," said
Glenn MacInnes, executive vice
president and chief financial officer. "His diverse background in
banking and public accounting will help Webster as we implement our
strategic growth plans."
Wang received a Bachelor of Science degree in Accounting from
the University of Scranton, and an MBA
in Management Information Systems from Temple
University, and is a Certified Public Accountant.
About Webster
Webster Financial Corporation is the holding company
for Webster Bank, National Association. With $26.2
billion in assets, Webster provides business and consumer
banking, mortgage, financial planning, trust, and investment
services through 167 banking centers and 343 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.
Media
Contact:
|
Investor
Contact:
|
Alice Ferreira,
203-578-2610
|
Terry Mangan,
203-578-2318
|
acferreira@websterbank.com
|
tmangan@websterbank.com
|
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SOURCE Webster Financial Corporation