Nitin Mhatre - Webster Financial Insider

WBS -- USA Stock  

USD 66.91  0.46  0.69%

  EVP
Mr. Nitin J. Mhatre serves as Executive Vice President Community Banking of Webster Financial Corporationration He is Executive Vice President, Head of Community Banking of Webster and Webster Bank. He joined Webster in October 2008 as Executive Vice President, Consumer Lending of Webster Bank and was appointed Executive Vice President, Consumer Finance in January 2009. He was promoted to his current position in August of 2013. Prior to joining Webster, Mr. Mhatre worked at Citigroup across multiple geographies including St. Louis, Missouri, Stamford, Connecticut, Guam, USA and India, in various capacities. In his most recent position, he was the Managing Director for the Home Equity Retail business for CitiMortgage based in Stamford, Connecticut
Age: 46  EVP Since 2013      
203-578-2202  http://public.websteronline.com
Mhatre is a board member of Consumer Bankers Association headquartered in Washington, D.C., and also serves on the board of Junior Achievement of Southwest New England.

Nitin Mhatre Latest Insider Activity

Management Efficiency

The company has Return on Asset of 1.11 % which means that on every $100 spent on asset it made $1.11 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of 11.04 % implying that it generated $11.04 on every 100 dollars invested.
The company has 2.67 B in debt with debt to equity (D/E) ratio of 9.21 . This implies that the company may be unable to create cash to meet all of its financial commitments.

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EVP Since

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2016
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2009
Carrie TolstedtWells Fargo Company
2007

Entity Summary

Webster Financial Corporation operates as the holding company for Webster Bank, National Association that provides financial services to individuals, families, and businesses in the United States. Webster Financial Corporation was founded in 1935 and is headquartered in Waterbury, Connecticut. Webster Financial operates under Banks - Regional - US classification in USA and traded on New York Stock Exchange. It employs 3302 people.Webster Financial Corporation (WBS) is traded on New York Stock Exchange in USA. It is located in 145 Bank Street and employs 3,302 people.

Webster Financial Leadership Team

Mark Pettie, Independent Director
Laurence Morse, Independent Director
C Jacobi, Independent Director
Daniel Bley, Executive Vice President Chief Risk Officer of the Company and Webster Bank
Albert Wang, Chief Accounting Officer of the Company and Webster Bank
Elizabeth Flynn, Director
Colin Eccles, Executive Vice President CIO of the company and Webster Bank
Bernard Garrigues, Chief Human Resource Officer, Executive Vice President
Charles Wilkins, Executive Vice President of the Company and Webster Bank
Daniel Fitzpatrick, Executive VP of Private Banking and Executive VP of Private Banking - Webster Bank
James Smith, Chairman, CEO, Chairman of Executive Committee, Chairman of Webster Bank and CEO of Webster Bank
Joel Becker, Independent Director
Terrence Mangan, Senior Vice President Investor Relations
Brian Runkle, Executive Vice President Bank Operations
Robert Finkenzeller, Independent Director
Charles Jacobi, Independent Director
Glenn MacInnes, CFO, Executive VP, CFO of Webster Bank and Executive VP of Webster Bank
Gregory Madar, Chief Accounting Officer, Sr. VP, Chief Accounting Officer of Webster Bank N A and Sr. VP of Webster Bank N A
Christopher Motl, Executive Vice President - Commercial Banking of company and Webster Bank
Lauren States, Director of the Company and the Bank
Charles Shivery, Independent Director
John Crawford, Independent Lead Director
Joseph Savage, Executive Vice Chairman and Executive Vice Chairman of Webster Bank, N.A.
Nitin Mhatre, Executive VP of Community Banking and Executive VP of Community Banking - Webster Bank
William Atwell, Director
Dawn Morris, Executive Vice President Chief Marketing Officer
Karen Osar, Independent Director
Harriet Wolfe, Executive Vice President General Counsel, Secretary of the Company and Webster Bank
John Ciulla, Pres and President of Webster Bank, N.A. and Director of Webster Bank, N.A.

Stock Performance Indicators

Shares Outstanding92.23 M