09:59 AM EDT, 07/15/2024 (MT Newswires) -- Webster Financial ( WBS ) said Monday that William Holland has been named chief financial officer of the company and its Webster Bank unit, succeeding Glenn MacInnes who is retiring.

Holland served as finance chief of First Republic Bank until May last year, the company said.

MacInnes will serve as an adviser of the company upon retirement, Webster said.

Shares of the company were up 2% in recent trading.

Price: 47.62, Change: +0.89, Percent Change: +1.90