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James C. Smith Chairman and Chief Executive Officer James C. Smith is chairman and chief executive officer of Webster Financial Corporation (NYSE:WBS) and Webster Bank (National Association). He was elected president of Webster Bank in 1982 and named chief executive officer of the Bank and its holding company, Webster Financial Corporation, in 1987 upon the retirement of his father, Harold Webster Smith, who founded the Bank in 1935. He succeeded his father as chairman in 1995. Under Smith’s stewardship, Webster has broadened its business lines and expanded its franchise through organic growth and acquisitions. Webster is a full-service commercial bank with over $17 billion in assets. Based in Connecticut and serving its customers through more than 180 banking offices in four states, Webster helps individuals, families and businesses achieve their financial goals. Webster provides retail and commercial banking, consumer finance and financial planning and trust and investment services. Smith is a member of the board of directors of the Federal Reserve Bank of Boston and was a member of the Federal Advisory Council, which advises the deliberations of the Federal Reserve Board of Governors, from 2004 to 2007. He is a member of the executive committee of the Connecticut Bankers Association, co-chairman of the American Bankers Council, and a member of the Financial Services Roundtable in Washington, D.C. He is a past member of the board of directors of the American Bankers Association and of the Federal Home Loan Bank of Boston, serving as chair of the finance committee. He served as a member of the board of MacDermid, Inc., (NYSE: MRD, until 2007) from 1994 to 2007. Smith is actively involved in the communities Webster serves, including various leadership roles for the United Way and other civic organizations. He is a member of the boards of directors of Waterbury, Conn.-based Saint Mary’s Hospital and the Palace Theater, where he served as Chairman from 2002 to 2005. Smith, a native of Waterbury, earned a bachelor’s degree from Dartmouth College. He resides in Middlebury, Conn. Jeffrey N. Brown Chief Administrative Officer Jeffrey N. Brown is Chief Administrative Officer for Webster Bank and Webster Financial Corporation. He is responsible for leading the company’s information technology, operations, human resources, communications, public affairs, strategic planning, facilities and internet functions. He is a member of the Corporation’s Executive Management Committee. He joined the bank as a member of the executive team in 1996. Prior to joining Webster, Brown held several senior management positions with the former Fleet Financial Group. Brown is a member of the Advisory Board for the Yale School of Management Center for Customer Insights. He serves on the Board of Trustees for The Bushnell Center for the Performing Arts and on the Glastonbury Education Foundation Board. He is president of the Harold Webster Smith Foundation and is a director of Webster Insurance. He is also a representative for Webster to the Financial Services Roundtable. He is a former chairman of the American Bankers Association (ABA) Communications Council and a vice chairman of the Connecticut Economic Resource Center Inc. (CERC). Brown has a bachelor’s degree from Eastern Connecticut State University and an M.B.A. from Rensselaer Polytechnic Institute. Gerald P. Plush Sr. Executive Vice President, Chief Financial Officer & Chief Risk Officer Jerry Plush is senior executive vice president and chief financial officer for Webster Bank and Webster Financial Corporation, and also serves as Webster’s chief risk officer. He is responsible for overseeing all the financial activities of Webster and its subsidiaries, consisting of accounting, treasury, corporate and business finance, corporate development and investor relations. In addition, as chief risk officer, he is responsible for Webster’s corporate security, audit, compliance, operating risk and credit risk functions. Plush is also responsible for Webster’s government finance line of business. Before joining Webster in July 2006, Plush spent 11 years with MBNA America in Wilmington, Del., most recently as senior executive vice president and managing director of corporate development and acquisitions. In this position, he was responsible for the diversification into new lines of businesses and portfolio acquisitions in both the domestic and international markets. Prior to this position, Plush was senior executive vice president and chief financial officer for MBNA’s North American Operations where he was responsible for all finance functions related to MBNA's U.S. card, consumer finance and Canadian operations. Before his time at MBNA, Plush also was senior vice president and chief financial officer for Progress Financial of Blue Bell, Penn. In this role, he was responsible for the marketing, human resources, investor relations, operations, MIS and finance functions of this publicly-traded bank Plush earned a bachelor of science in accounting from St. Joseph’s University in Philadelphia. He is a Certified Public Accountant and Certified Management Accountant. He is a member of the Pennsylvania Institute of Certified Public Accountants, the Financial Services Roundtable and Financial Executives International. He also previously served on the board of directors of Ronald McDonald House of Delaware and the board of trustees for Upland County Day School in Kennett Square, Penn. Joseph J. Savage Executive Vice President, Commercial Banking Joseph J. Savage is executive vice president, Commercial Banking for Webster Bank and executive vice president of Webster Financial Corporation. He is responsible for directing Webster’s commercial banking operations and wealth management. Savage joined the bank as a member of the executive team in 2002. In 2003, Savage assumed oversight responsibility for the newly formed Webster sales council, an internal organization that brings together teams of sales professionals from the company’s commercial banking, business and professional banking, wealth management, insurance and treasury business lines to develop cross-selling opportunities. Under his direction, the group has more than doubled its sales volume. Prior to joining Webster, Savage was executive vice president of the Communications and Energy Banking Group for CoBank in Denver, Colorado. He has also served as president of Keystone Ventures, LLC in Farmington, Connecticut and senior vice president, specialized lending for Shawmut Bank and president of Shawmut National Ventures. An active leader in professional and community organizations, Savage serves on the boards of directors for the Connecticut Business and Industry Association, the MetroHartford Alliance and the Connecticut Technology Council. Savage has a bachelor’s degree from Manhattan College and an M.B.A. from Seton Hall University. He resides in Simsbury, Connecticut. Harriet Munrett Wolfe Executive Vice President, General Counsel and Secretary Harriet Munrett Wolfe is executive vice president, general counsel and secretary of Webster Bank and Webster Financial Corporation. She also serves as a director of Webster Preferred Capital Corporation and Webster Mortgage Investment Corporation. Wolfe joined Webster in 1997 as senior vice president and counsel, was appointed secretary in 1997 and general counsel in 1999. In 2002 she was appointed executive vice president. Prior to joining Webster she was in private practice. From November 1990 to January 1996, she was vice president and senior counsel of Shawmut Bank Connecticut, N.A.Before Shawmut, Wolfe was associate legal counsel and assistant secretary of the former Citytrust, in Bridgeport, Conn. She is a director of Clinton Yachthaven and is a volunteer for various organizations located in the Connecticut shoreline community. Wolfe has a bachelor’s degree from the University of Connecticut and a J.D. from Pepperdine University School of Law. She lives in Guilford, Connecticut. Michelle Crecca Executive Vice President, Chief Marketing Officer Michelle Crecca is executive vice president and Chief Marketing Officer, Webster Bank and Webster Financial Corporation, responsible for leading Webster’s marketing efforts, including branding, market research, database marketing, product development and the Internet. She is a member of the bank’s Executive Management Committee and has 17 years of experience in the financial services industry. Crecca joined Webster in September, 2006, as the executive vice president of Consumer Lending, responsible for new originations, portfolio management, and collections. Prior to joining Webster, Crecca worked in various positions at Citigroup in Stamford, Conn. Most recently, she was the managing director, Retail Business for Citi Home Equity, a multi-billion dollar originations business. She was responsible for the performance of this major business line with a strategic and marketing focus. Prior to that role, Crecca was a vice president, channel director for the Smith Barney Home Equity Cross Sell Program and a vice president, director of e-commerce for The Student Loan Corporation. She has also served in several marketing related roles at Chase Manhattan and Bankers Trust prior to her years at Citigroup. Crecca earned a B.A. in political science with honors from Northwestern University. She was elected to Phi Beta Kappa and spent a year studying at the Universidad de Sevilla. She holds an M.B.A. in finance and international Business from The Stern School of Business at New York University. She resides in Wilton, Conn., with her family. Nitin J. Mhatre Executive Vice President, Consumer Lending Nitin J. Mhatre is executive vice president Consumer Lending of Webster Bank, and executive vice president of Webster Financial Corporation. In his position, Mhatre is responsible for managing all business activities pertaining to secured and unsecured consumer finance products, including mortgages and home equity lines of credit, and new products in development. Mhatre has more than 13 years of experience in consumer finance marketing, sales and product development in the United States, India and Guam. Before joining Webster in October 2008, Mhatre worked for Citigroup where he most recently served as the managing director for its Home Equity retail business. Prior to that position, he served Citigroup in various capacities, including director for Cards Cross-sell, and director for Portfolio Management for Citi Home Equity; vice president and country marketing director for Citibank N.A. Guam; product management head for Diners Club, India and area sales manager for Citibank Cards in Mumbai, India. Mhatre has an MBA and bachelor of engineering degree from Bombay University, India. Anne M. Slattery Executive Vice President, Retail Banking Anne M. Slattery is executive vice president of Retail Banking of Webster Bank, N.A., and executive vice president of Webster Financial Corporation (NYSE:WBS). Slattery has primary responsibility for serving customers throughout Webster’s 181- branch network, the Customer Care Center, Business and Professional Banking, and Webster Investment Services. She is a member of Webster’s Executive Management Committee. Slattery has extensive experience in sales and service operations in New England and New York. At the former Fleet Financial, she oversaw Fleet’s Retail Bank, the company’s largest division, which contributed 40 percent of the company’s earnings and included small business, marketing, the branch network, and consumer credit. In that role, she drove Fleet’s distribution strategy and created its customer profitability management system. Earlier in her career, she held a variety of increasingly responsible positions in marketing and branch management at Citibank, culminating in responsibility for Citibank’s retail and small business distribution strategy in New York. Most recently, Slattery was president of Marymount College in Tarrytown, N.Y., and headed her own manufacturing company in Connecticut. Slattery has a bachelor of arts in political science and economics from Marymount College. She is a member of the Board of Trustees for The Seabury Society for preservation of the Glebe House; and a member of the Grants Committee of the Connecticut Community Foundation.
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