Webster Announces Chief Risk Officer Transition
Webster Financial (NYSE: WBS) announced that Executive Vice President and Chief Risk Officer (CRO) Dan Bley will retire after 14 years with the company. Bley will continue serving as CRO until a successor is appointed, after which he will transition to an advisory role to ensure continuity.
The company has initiated a comprehensive search process with executive search firm Russell Reynolds to find Bley's replacement. During his tenure, Bley played a important role in establishing a robust risk culture at Webster and enhancing risk management programs to support the bank's growth.
Webster Financial (NYSE: WBS) ha annunciato che il Vicepresidente Esecutivo e Chief Risk Officer (CRO) Dan Bley andrà in pensione dopo 14 anni con l'azienda. Bley continuerà a ricoprire il ruolo di CRO fino alla nomina di un successore, dopodiché passerà a un ruolo consultivo per garantire la continuità.
L'azienda ha avviato un processo di ricerca completo con la società di ricerca esecutiva Russell Reynolds per trovare il sostituto di Bley. Durante il suo mandato, Bley ha svolto un ruolo importante nell'istituzione di una solida cultura del rischio in Webster e nel miglioramento dei programmi di gestione del rischio a supporto della crescita della banca.
Webster Financial (NYSE: WBS) anunció que el Vicepresidente Ejecutivo y Director de Riesgos (CRO) Dan Bley se retirará después de 14 años en la empresa. Bley continuará desempeñando el cargo de CRO hasta que se designe a un sucesor, tras lo cual pasará a un rol consultivo para asegurar la continuidad.
La empresa ha iniciado un proceso de búsqueda integral con la firma de búsqueda ejecutiva Russell Reynolds para encontrar al reemplazo de Bley. Durante su mandato, Bley desempeñó un papel importante en el establecimiento de una sólida cultura de riesgo en Webster y en la mejora de los programas de gestión de riesgos para apoyar el crecimiento del banco.
Webster Financial (NYSE: WBS)는 부사장 겸 최고위험책임자(CRO)인 Dan Bley가 회사에서 14년을 보낸 후 은퇴한다고 발표했습니다. Bley는 후임자가 임명될 때까지 CRO로 계속 근무하며, 이후에는 연속성을 보장하기 위해 자문 역할로 전환할 것입니다.
회사는 Bley의 후임자를 찾기 위해 임원 검색 회사인 Russell Reynolds와 함께 포괄적인 검색 프로세스를 시작했습니다. 그의 재임 기간 동안 Bley는 Webster에서 강력한 위험 문화를 구축하고 은행의 성장을 지원하기 위해 위험 관리 프로그램을 강화하는 데 중요한 역할을 했습니다.
Webster Financial (NYSE: WBS) a annoncé que le Vice-Président Exécutif et Directeur des Risques (CRO) Dan Bley prendra sa retraite après 14 ans au sein de l'entreprise. Bley continuera à servir en tant que CRO jusqu'à ce qu'un successeur soit nommé, après quoi il passera à un rôle consultatif pour garantir la continuité.
L'entreprise a lancé un processus de recherche complet avec la société de recherche exécutive Russell Reynolds pour trouver le remplaçant de Bley. Au cours de son mandat, Bley a joué un rôle important dans l'établissement d'une culture du risque solide chez Webster et dans l'amélioration des programmes de gestion des risques pour soutenir la croissance de la banque.
Webster Financial (NYSE: WBS) gab bekannt, dass der Executive Vice President und Chief Risk Officer (CRO) Dan Bley nach 14 Jahren im Unternehmen in den Ruhestand gehen wird. Bley wird weiterhin als CRO tätig sein, bis ein Nachfolger ernannt wird, danach wird er in eine beratende Rolle wechseln, um die Kontinuität sicherzustellen.
Das Unternehmen hat einen umfassenden Suchprozess mit der Personalberatung Russell Reynolds initiiert, um Bleys Nachfolger zu finden. Während seiner Amtszeit spielte Bley eine wichtige Rolle beim Aufbau einer robusten Risikokultur bei Webster und der Verbesserung der Risikomanagementprogramme zur Unterstützung des Wachstums der Bank.
- Planned orderly transition with current CRO remaining until successor appointed
- Implementation of enhanced risk management programs during tenure
- None.
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
“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 Chief Executive Officer of Webster Financial Corporation.
“It 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,” said Bley.
Webster has initiated a comprehensive search process with the support of Russell Reynolds, a leading executive search firm.
About Webster
Webster Bank (“Webster”) 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's largest providers of employee benefits and administration of medical insurance claim settlements solutions. Headquartered in
View source version on businesswire.com: https://www.businesswire.com/news/home/20250401383700/en/
Media Contact:
Alice Ferreira, 203-578-2610
acferreira@websterbank.com
Investor Contact:
Emlen Harmon, 212-309-7646
eharmon@websterbank.com
Source: Webster Financial Corporation
FAQ
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