News Details

WATERBURY, Conn.--(BUSINESS WIRE)--Jan. 2, 2003--Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, announced today the appointment of Harriet Munrett Wolfe, Esq. to the position of Executive Vice President, General Counsel and Secretary for both Webster Financial Corporation and Webster Bank.

Wolfe previously served as senior vice president, general counsel and corporate secretary in both capacities.

"Harriet Wolfe is a valuable member of our executive management group," stated Webster chairman and chief executive officer, James C. Smith. "Her experience and counsel have helped in guiding Webster's growth, and her diligence is a prized asset as Webster looks to its future. She has contributed meaningfully in shaping Webster's enlightened corporate governance practices."

Wolfe has been with Webster since March of 1997, joining initially as senior vice president and counsel. Prior to joining Webster, she held positions as vice president and senior counsel for Shawmut National Corporation and associate legal counsel and assistant secretary for Citytrust Bancorp, Inc..

Wolfe is a member of the Connecticut Bar, the Connecticut Bar Association, American Bar Association and the American Society of Corporate Secretaries.

Wolfe received a B.A. from the University of Connecticut and a Juris Doctor from Pepperdine University School of Law in Malibu, California.

She resides in Guilford, CT.

Webster Financial Corporation is the holding company for Webster Bank and Webster Insurance. With $13 billion in assets, Connecticut-based Webster Bank provides business and consumer banking, mortgage, insurance, trust and investment services through more than 100 banking offices, 210 ATMs and the Internet (www.websteronline.com). Webster Financial Corporation is majority owner of Chicago-based Duff & Phelps, LLC, a leader in financial advisory services. Webster Bank owns the asset-based lending firm, Whitehall Business Credit Corporation, Center Capital Corporation, an equipment leasing and financing company headquartered in Farmington, Connecticut and Webster Trust Company, N.A.

For more information about Webster, including past press releases and the latest Annual Report, visit the Webster Bank web site at www.websteronline.com.