On the heels of an anouncement the company would be cutting as many as 240 jobs, Waterbury-based Webster Financial, parent company of Webster Bank, has announced "expanded roles" for four corporate executives.
James C. Smith, Webster's chairman and chief executive officer, will add the title of president after current president and chief operating officer William T. Bromage steps down.
Senior Executive Vice President and Chief Financial Officer Gerald P. Plush will assume additional duties as chief risk officer with oversight for both operational and credit risk matters, with the latter function reporting indirectly to Smith.
To assist Plush with Webster's accounting duties, Senior Vice President Douglas O. Hart has been named principal accounting officer for both Webster Bank and Webster Financial, the company said.
Finally, Executive Vice President Michelle M. Crecca has been appointed chief marketing officer. Crecca will lead all of Webster's marketing activities including branding, market research, database marketing, product development and the Internet.