Sundar PichaiSundar Pichai earned $164M in 2023

John R. Ciulla is the CEO and Chairman of Webster Financial Corporation, a position he took over in January 2018. Before this, he held various roles in the company since joining in 2004, including President and Chief Credit Risk Officer....

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John R. Ciulla

CEO of Webster Financial Corporation

Education

Bachelor's degree from a recognized university

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1965 - 60 years ago

CEO of Webster Financial Corporation for

7 years 3 months (Jan 2018 - Present)

Previous Experience

President of Webster Financial Corporation and Webster Bank, various management positions at the Company since 2004

Holdings

See how much did John R. Ciulla make over time.

John R. Ciulla has been a significant player in Webster Financial’s insider trading landscape. In 2023, his trades reached a total value of $10.56 million, marking a robust level of activity and suggesting a strong belief in the future of...

Mar 18, 2025

Total Stock Sold

$3.08M

WBS

$3.08M

66,356 WBS shares

What if they kept their stock?

If John R. Ciulla didn't sell their stock, today they would have:
Extra WBS66,356 shares worth $1.77M.
This is -42.63% and $1.32M less than what they got when they sold the stock.

Charitable Transactions

WBS

4,901 shares

WBS

Recent Charitable Transactions

WBS

2,125 shares

WBS

Nov 20, 2024

Charity

WBS

2,776 shares

WBS

Nov 29, 2023

Charity

Insider Trading

See recent insider trades of John R. Ciulla.

WBS

10,424 shares

WBS

Feb 3, 2025

Received

WBS

$474.67K

WBS at $59.33/share

Nov 20, 2024

Sale

WBS

2,125 shares

WBS

Nov 20, 2024

Charity

WBS

$384.51K

WBS at $48.06/share

Sep 18, 2024

Sale

WBS

$384.31K

WBS at $48.04/share

Jul 15, 2024

Sale

WBS

27,889 shares

WBS

Mar 1, 2024

Received

WBS

9,287 shares

WBS

Feb 1, 2024

Received

WBS

2,776 shares

WBS

Nov 29, 2023

Charity

WBS

13,861 shares

WBS

May 1, 2023

Received

WBS

24,404 shares

WBS

Mar 1, 2023

Received

Compensation History

See how much did John R. Ciulla make over time.

In 2023, John R. Ciulla's total compensation was about $7.3 million, a notable increase from previous years. His salary of $1.1 million was accompanied by a bonus that was determined based on the company's performance, amounting to $1.375 million. There were no stock grants or options in this year, as the focus was strongly on cash incentives. It's clear that his management style emphasizes immediate performance, aligning with shareholders’ interests. The compensation reflects Webster's strategy to attract and retain top talent while rewarding executives who drive the company forward. His previous years in the role show a gradual increase, showcasing successful performance amidst challenging market conditions.

Year

2023

Total Compensation

$2.83M

Salary

$1.10M

Board Justification

The compensation philosophy is designed to attract, engage, and retain qualified executives while aligning compensation with performance and shareholder returns.

Bonus

$1.38M

Board Justification

The annual Cash Incentive Award was funded at 75% of target based on the company's financial performance relative to the annual financial plan and peer group performance.

Other

$352.26K

Board Justification

Includes contributions to the 401(k) Plan, SERP, dividends paid on unvested restricted stock, and other benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants were vested in 2023 as the focus is on cash compensation and performance metrics for this year.

Performance Metrics

The performance metrics include pre-provision net revenue and return on average assets, with adjustments based on peer performance.

Other Webster Financial Corporation CEOs

Here are other CEOs of Webster Financial Corporation