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Webster Financial Appoints New Board Member and CRO

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Webster Financial Appoints New Board Member and CRO

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Webster Financial ( (WBS) ) just unveiled an announcement.

On June 25, 2025, Webster Financial Corporation announced the appointment of Frederick J. Crawford to its Board of Directors, effective July 1, 2025, expanding the board from 12 to 13 members. Crawford, recognized as an independent director and financial expert, will serve on the Audit and Risk Committees. Additionally, Jason E. Schugel was appointed as Chief Risk Officer and Executive Vice President, effective July 14, 2025, succeeding Daniel Bley, who will retire but remain temporarily in an advisory role. Schugel brings extensive experience in risk management from his previous role at Ally Bank. These appointments are expected to enhance Webster’s strategic capabilities and governance as it continues to grow and navigate the regulatory landscape.

The most recent analyst rating on (WBS) stock is a Buy with a $66.00 price target. To see the full list of analyst forecasts on Webster Financial stock, see the WBS Stock Forecast page.

Spark’s Take on WBS Stock

According to Spark, TipRanks’ AI Analyst, WBS is a Outperform.

Webster Financial’s strong financial performance, characterized by solid profitability and efficient cash flow management, is the primary driver of its score. Valuation metrics suggest the stock is undervalued, contributing positively. However, technical indicators and earnings call insights highlight potential risks due to economic uncertainties and increased credit provisions.

To see Spark’s full report on WBS stock, click here.

More about Webster Financial

Webster Financial Corporation, headquartered in Stamford, CT, is the holding company for Webster Bank, N.A. With over $80 billion in total assets, Webster Bank offers a comprehensive range of financial products and services across three main lines of business: Commercial Banking, Healthcare Financial Services, and Consumer Banking. Its primary operations are concentrated in the Northeast, extending from the New York metropolitan area to Rhode Island and Massachusetts, though some services reach beyond this core geography.

Average Trading Volume: 1,424,409

Technical Sentiment Signal: Strong Buy

Current Market Cap: $9.21B

Find detailed analytics on WBS stock on TipRanks’ Stock Analysis page.

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