BRIDGEPORT, Conn., Jan. 25 /PRNewswire-FirstCall/ -- People's United
Financial, Inc. (Nasdaq: PBCT) is saddened to announce the death of its
President, Chief Executive Officer and member of the Board of Directors,
John A. Klein. Mr. Klein, who had been battling cancer since 2004,
succumbed earlier today to the disease. He is survived by his wife, Carla
Klein; his daughter, Kristen Klein Chiodo; and his son, Eric Klein.
"I deeply regret the loss of my long-time friend and colleague," said
George P. Carter, Chairman of the Board of Directors. "John had an
extraordinary career with People's United, spanning more than 35 years,"
Carter said. "I feel truly privileged to have had the opportunity to serve
as a member of the Board of Directors during John's tenure."
Philip R. Sherringham, who was appointed Acting President and Chief
Executive Officer in November when Mr. Klein took a leave of absence, will
continue to serve in those capacities.
"John's vision as President and Chief Executive Officer has been
instrumental in the company's success over the course of his eight-year
tenure," Sherringham said. "I know that the entire People's United team is
committed to building upon the successes that John's leadership has
afforded us.
"We all will miss John for the leader he was, but mostly we will miss
him as our friend," Sherringham said. "Our deepest sympathies go out to his
family."
SOURCE People's United Financial, Inc.
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Related links:
http://www.peoples.com
http://www.prnewswire.com/comp/113252.html/
CONTACT:
Valerie C. Carlson, First Vice President,
Corporate Communications, People's United Financial,
+1-203-338-2351, or FAX, +1-203-338-3461,
valerie.carlson@peoples.com
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