Form 4: Webster Financial's Chief Risk Officer Daniel Bley Announces Retirement
Executive Change
Daniel Bley, the Chief Risk Officer of Webster Financial Corp, is set to retire from his position effective July 14, 2025.
Summary
- Daniel Bley, the Chief Risk Officer of Webster Financial Corp (WBS), is retiring from his role.
- His retirement is effective on July 14, 2025.
- Following this reported event, Daniel Bley directly holds 19,117 shares of Webster Financial Corp Common Stock.
Sentiment
Score: 5
Explanation: The document reports a standard executive retirement, which is a neutral event in itself without further context on succession or performance.
Future Outlook
NA
Management Comments
- The reporting person retired as Webster Financial Corporation's Chief Risk Officer effective July 14, 2025.
Industry Context
NA
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| Chief Risk Officer | Daniel Bley | 07/14/2025 | Retirement |
Stakeholder Impact
- Shareholders: Awareness of a change in a key executive role.
- Employees: Awareness of a change in senior leadership.
Key Dates
| Date | Description |
|---|---|
| 07/14/2025 | Effective date of Daniel Bley's retirement as Chief Risk Officer. |
| 07/15/2025 | Date the Form 4 was signed by Bradley Larkin, attorney-in-fact. |
Keywords
Webster Financial Corp, WBS, Daniel Bley, Chief Risk Officer, CRO, retirement, executive change, SEC Form 4
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