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PR Newswire, January 25, 2008, Friday

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PR Newswire

January 25, 2008, Friday 2:19 PM GMT


HEADLINE: Webster Names Denise C. Milde Senior Vice President, Human Resources

DATELINE: WATERBURY, Conn. Jan. 25

BODY:

WATERBURY, Conn., Jan. 25 /PRNewswire/ -- Webster Bank, National Association, a subsidiary of Webster Financial Corporation(NYSE:WBS), announces the appointment of Denise C. Milde to senior vice president, Human Resources, a position that oversees the bank's Human Resources Department.

Milde has more than 25 years of experience working in various human resource capacities at IBM Corp. in support of several IBM global organizations. Most recently, she was director of human resources at IBM Application Services in Somers, N.Y. Prior to that, she was director of human resources at IBM Research Division in Yorktown Heights, N.Y., director of compensation at IBM's corporate headquarters in Armonk, N.Y. and program manager for executive compensation at IBM Software Group in Somers, N.Y. Milde has also been a noted contributor and speaker on various human resource topics with the Conference Board and the Pension Research Council.

Milde earned a Bachelor of Science degree in Labor Relations from Cornell University and an MBA degree from Fordham University. She will report to Chief Administrative Officer Jeffrey N. Brown.

Brown said: "Denise Milde brings valuable talent and experience to Webster. The depth of her leadership experience at IBM, both in the United States and internationally, in compensation and benefits, decision making, communication and career progression will serve us well as Webster pursues its vision to be New England's bank. Denise has contributed to setting the standard for progress in human resources progress at IBM, and we are delighted to welcome her aboard."

Webster Financial Corporation is the holding company for Webster Bank, National Association and Webster Insurance. With $17.2 billion in assets, Webster provides business and consumer banking, mortgage, insurance, financial planning, trust and investment services through 181 banking offices, 343 ATMs, telephone banking and the Internet. Webster Bank owns the asset-based lending firm Webster Business Credit Corporation, the insurance premium finance company Budget Installment Corp., Center Capital Corporation, an equipment finance company headquartered in Farmington, Connecticut and provides health savings account trustee and administrative services through HSA Bank, Member FDIC and equal housing lender.

For more information about Webster, including past press releases and the latest annual report, visit the Webster website at http://www.websteronline.com/

CONTACT: Webster Bank Media: Arthur House, 203-578-2391 ahouse@websterbank.com or Investors: Terry Mangan, 203-578-2318 tmangan@websterbank.com

CONTACT: Webster Bank

Media:

Arthur House, +1-203-578-2391

ahouse@websterbank.com

or

Investors:

Terry Mangan, +1-203-578-2318

tmangan@websterbank.com

Web site: http://www.websteronline.com/

SOURCE Webster Bank

URL: http://www.prnewswire.com

LOAD-DATE: January 26, 2008