WATERBURY, CT -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A. and its HSA Bank division, announced today that James C. Smith, Chairman and Chief Executive Officer (CEO), following a distinguished career with Webster spanning more than four decades, will retire from Webster and transition to non-executive chairman. John R. Ciulla, President, will become the company’s CEO and a member of the holding company’s Board of Directors.
Corporate Giving
PHILADELPHIA, PA --In the aftermath of Hurricane Irma, which has impacted Florida and nearby areas with such devastation, Comcast NBCUniversal today announced it’s making an additional donation of $1 million in cash to support relief efforts.
DETROIT, MI -- Today, CrowdRise announced that its annual holiday giving campaign will be sponsored by Newman’s Own Foundation, with $500,000 in funding and matching donations for participating charities. The Challenge, which launches November 21, is now accepting charity applications at crowdrise.com/NewmansHolidayChallenge.
WETHERSFIELD, CT -- The Department of Motor Vehicles and Travelers announced today their joint sponsorship of the 10th annual Teen Safe Driving Video contest for high school students around the state. The theme this year is: “Teen Safe Driver: Could This Be You? Every Second Matters.” DMV and Travelers partner each year to raise awareness about safety behind the wheel with the state’s youngest and most inexperienced drivers. The goal is to create peer-to-peer education and influence about developing safe driving habits.
WESTPORT, CT -- Newman’s Own Foundation awarded a $35,000 grant to WVEMS, which often relies on such funds to purchase new equipment that falls outside their operating budget.