WATERBURY, CT - Webster Financial Corporation, the holding company for Webster Bank, N.A., is pleased to announce it has been recognized on Institutional Investor magazine’s recently published 2013 All-America Executive Team list for excellence. This achievement includes being named amongst the nation’s best Investment Relations programs, of which Webster received a team and an individual award for Mid-cap banks.
The team award is shared by executives and departments who work on investor communications – everything from the investor call to public announcements. Terry Mangan, senior vice president, Investor Relations, was acknowledged for his individual achievement for the second year in a row.
Institutional Investor is considered the premier resource for information on research, sales, trading, and hedge funds in every market and has a global reach and distribution. This year marks an unprecedented interest in the rankings. More than 1,520 buy-side individuals and almost 1,260 sell-side analysts participated in the survey between May and August of 2012. IR programs were judged on: access to senior management; accessibility and responsiveness; credibility and candor of the IR team; effectiveness of conference calls; industry knowledge; the quality and depth of answers of inquiries; the quality of the information provided via company website and emails; and the transparency of financial reporting and disclosure.
Webster Bank is a leading regional bank based in Waterbury, Conn., and serves businesses and consumers throughout its four-state footprint from Westchester County, N.Y., to Boston, Mass.