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....

Current Market Cap

$10.28B

Number of Employees

4.26K

Total Compensation

2019 - 2023

Trending down by -4.18% last year
Showing total compensation for the last 2019 - 2023

Stock

Up by 0.00% last year

Salary

Up by 0.00% last year

Bonus

Up by 0.00% last year

Other

Down by -25.92% last year

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.

SEC Filing

From March 15, 2024