WATERBURY, Conn., Apr 2, 2003 (BUSINESS WIRE) -- Webster
Financial Corporation (NYSE: WBS), the holding company for Webster
Bank, announced today the appointment of Terrence K. Mangan to be
senior vice president, investor relations.
In this capacity, Mangan is responsible for managing Webster's
relations with the investment community by promoting institutional
awareness of Webster's financial performance and strategic objectives.
"In Terry, Webster has gained an experienced and respected member
of the investment communications community," stated Webster chief
financial officer, William J. Healy. "As Webster executes its
strategic plan and we continue to meet our goals, Terry's leadership
and ability to convey important information quickly and accurately
will be especially valuable to our investor relations program."
Prior to joining Webster, Mangan held a variety of corporate
finance and business development positions during a 21-year career
with J.P. Morgan Chase and three of its predecessor organizations.
From 1994 through 2001, he was a managing director in the bank's
award-winning Investor Relations Group. In this capacity, he was
responsible for all facets of the bank's investor relations program,
maintaining contact with the investment community and assisting in the
development of management presentations and quarterly earnings
releases.
Mangan received a B.S. in finance from Georgetown University and
an M.B.A. from the University of Bridgeport.
He resides in Wilton, Connecticut.
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 110 banking
offices, 210 ATMs and the Internet. 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 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 website at
www.websteronline.com.
Webster
Media Contact:
Clark Finley, 203/578-2429
cfinley@websterbank.com
or
Investor Relations Contact:
Terry Mangan, 203/578-2318
tmangan@websterbank.com