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....
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. His journey at Webster showcases a steady rise through significant positions, shaping his deep understanding of the business. Interestingly, Ciulla’s background includes a solid foundation in finance from his Bachelor's degree, which supports his approach to developing effective business strategies. He has been actively involved in major mergers, like the one with Sterling Bancorp, which helped Webster expand its reach significantly. In terms of pay, Ciulla has seen a notable increase in his total compensation, reflecting the company's growth under his leadership, reaching about $7.3 million in 2023, a significant jump from earlier years. On the investment side, he has actively participated in insider trading, indicating confidence in the company's direction, with trades adding up over $10 million in 2023 alone. His commitment to community and corporate responsibility is evident through Webster's initiatives and his own service on advisory councils, making him a key figure in both the bank and the local business community.