Webster Financial Management
Management criteria checks 4/4
Webster Financial's CEO is John Ciulla, appointed in Jan 2018, has a tenure of 6.25 years. total yearly compensation is $7.73M, comprised of 14.2% salary and 85.8% bonuses, including company stock and options. directly owns 0.16% of the company’s shares, worth $12.36M. The average tenure of the management team and the board of directors is 6.3 years and 5.9 years respectively.
Key information
John Ciulla
Chief executive officer
US$7.7m
Total compensation
| CEO salary percentage | 14.2% |
| CEO tenure | 6.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 6.3yrs |
| Board average tenure | 5.9yrs |
Recent management updates
Recent updates
Webster Financial (NYSE:WBS) Has Affirmed Its Dividend Of $0.40
Jan 31
Webster Financial Corporation: Loan Growth Slows But Management Remains Optimistic
Jan 24Does Webster Financial (NYSE:WBS) Deserve A Spot On Your Watchlist?
Jan 18Webster Financial's (NYSE:WBS) Dividend Will Be $0.40
Oct 28Webster Financial: Still A 'Show Me Story', But Likely Undervalued
Oct 25Does Webster Financial (NYSE:WBS) Deserve A Spot On Your Watchlist?
Oct 16While The Market Remains Overcautious, Webster Is In Excellent Financial Condition
Oct 10Webster Financial's (NYSE:WBS) Dividend Will Be $0.40
Jul 23Does Webster Financial (NYSE:WBS) Deserve A Spot On Your Watchlist?
Jul 08Webster Financial Corporation Is Down By An Unreasonable Amount
Jul 06Webster Financial (NYSE:WBS) Is Due To Pay A Dividend Of $0.40
Jan 31Webster Financial Q4 2022 Earnings Preview
Jan 25Payoneer Global appoints deputy CFO
Jan 18Webster Financial: Outlook Remains Bright For Both Loan Growth And Margin Expansion
Nov 10Webster Financial Non-GAAP EPS of $1.46 beats by $0.04, revenue of $664.6M beats by $23.98M
Oct 20Webster Financial: Attractively Valued With Good Prospects Of Organic Growth
Aug 25Webster Financial declares $0.40 dividend
Jul 18Webster Financial (NYSE:WBS) Has Announced A Dividend Of US$0.40
May 01Webster Financial Offers An Appealing Menu Of Positives For This Next Cycle
Feb 11Webster Financial: Upcoming Merger Of Equals To Save Costs, Expand The Margin
Nov 18Webster Financial (NYSE:WBS) Has Re-Affirmed Its Dividend Of US$0.40
Nov 01Webster Financial Looks Undervalued On Its Post-Merger Potential, But It Has To Convince A Skeptical Market
Aug 07Webster Financial (NYSE:WBS) Has Announced A Dividend Of US$0.40
Jul 23Shareholders Will Probably Not Have Any Issues With Webster Financial Corporation's (NYSE:WBS) CEO Compensation
Apr 16Could The Webster Financial Corporation (NYSE:WBS) Ownership Structure Tell Us Something Useful?
Mar 02CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | US$839m |
| Dec 31 2023 | US$8m | US$1m | US$843m |
| Sep 30 2023 | n/a | n/a | US$902m |
| Jun 30 2023 | n/a | n/a | US$910m |
| Mar 31 2023 | n/a | n/a | US$858m |
| Dec 31 2022 | US$8m | US$1m | US$623m |
| Sep 30 2022 | n/a | n/a | US$493m |
| Jun 30 2022 | n/a | n/a | US$358m |
| Mar 31 2022 | n/a | n/a | US$273m |
| Dec 31 2021 | US$5m | US$1m | US$399m |
| Sep 30 2021 | n/a | n/a | US$348m |
| Jun 30 2021 | n/a | n/a | US$322m |
| Mar 31 2021 | n/a | n/a | US$281m |
| Dec 31 2020 | US$3m | US$995k | US$211m |
| Sep 30 2020 | n/a | n/a | US$242m |
| Jun 30 2020 | n/a | n/a | US$266m |
| Mar 31 2020 | n/a | n/a | US$311m |
| Dec 31 2019 | US$4m | US$961k | US$373m |
| Sep 30 2019 | n/a | n/a | US$382m |
| Jun 30 2019 | n/a | n/a | US$388m |
| Mar 31 2019 | n/a | n/a | US$371m |
| Dec 31 2018 | US$3m | US$896k | US$352m |
| Sep 30 2018 | n/a | n/a | US$323m |
| Jun 30 2018 | n/a | n/a | US$288m |
| Mar 31 2018 | n/a | n/a | US$268m |
| Dec 31 2017 | US$2m | US$725k | US$247m |
Compensation vs Market: John's total compensation ($USD7.73M) is about average for companies of similar size in the US market ($USD8.30M).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
CEO
John Ciulla (57 yo)
6.3yrs
Tenure
US$7,730,259
Compensation
Mr. John R. Ciulla is Chief Executive Officer and Director at Webster Financial Corporation since January 1, 2018 and is its Chairman since February 1, 2024. He is Chairman of Webster Bank, N.A. since Febr...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 6.3yrs | US$7.73m | 0.16% $ 12.5m | |
| President & COO | 2.3yrs | US$3.18m | 0.058% $ 4.6m | |
| Executive VP & CFO | 12.9yrs | US$2.13m | 0.10% $ 7.9m | |
| Senior Executive VP & President of Commercial Banking | 7.3yrs | US$2.66m | 0.040% $ 3.1m | |
| Executive VP & Chief Accounting Officer | 6.6yrs | no data | 0.0089% $ 699.8k | |
| Chief Information Officer | 1.8yrs | no data | 0.0096% $ 755.6k | |
| Director of Investor Relations | no data | no data | no data | |
| General Counsel & Corporate Secretary | less than a year | no data | 0.0098% $ 770.5k | |
| Executive VP & Chief Human Resources Officer | 2.3yrs | no data | 0.019% $ 1.5m | |
| Executive VP & Chief Risk Officer | 13.7yrs | US$1.20m | 0.018% $ 1.4m | |
| Executive VP & Head of HSA Bank | no data | US$1.36m | 0.031% $ 2.4m | |
| Executive VP & Chief Audit Officer | no data | no data | 0.0093% $ 731.2k |
6.3yrs
Average Tenure
54yo
Average Age
Experienced Management: WBS's management team is seasoned and experienced (6.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 6.3yrs | US$7.73m | 0.16% $ 12.5m | |
| Independent Director | 20.3yrs | US$220.53k | 0.024% $ 1.9m | |
| Independent Director | 18yrs | US$195.68k | 0.016% $ 1.2m | |
| Independent Director | 9.8yrs | US$232.48k | 0.025% $ 2.0m | |
| Independent Director | 2.3yrs | US$200.53k | 0.10% $ 8.2m | |
| Independent Director | 15yrs | US$230.53k | 0.020% $ 1.6m | |
| Independent Director | 2.3yrs | US$220.53k | 0.0055% $ 428.8k | |
| Independent Director | 2.3yrs | US$195.11k | 0.012% $ 931.5k | |
| Independent Director | 5.5yrs | US$227.76k | 0.0073% $ 572.6k | |
| Independent Director | 7.6yrs | US$200.53k | 0.0084% $ 660.5k | |
| Lead Independent Director | 2.3yrs | US$220.53k | 0.019% $ 1.5m | |
| Independent Director | 4yrs | US$195.68k | 0.0057% $ 445.3k |
5.9yrs
Average Tenure
67yo
Average Age
Experienced Board: WBS's board of directors are considered experienced (5.9 years average tenure).