BRIDGEPORT, Conn., Nov. 30 /PRNewswire-FirstCall/ -- People's United
Financial, Inc. (Nasdaq: PBCT) announced today that it has hired R. David
Rosato as Senior Vice President and Treasurer. Rosato brings to People's
United more than 20 years of treasury and asset and liability management
experience in positions of increasing responsibility. He began his career
with M&T Bank in Baltimore and, for the last eight years, has held the
position of Senior Vice President and Treasurer for Webster Financial
Corporation (Waterbury, CT).
As Treasurer, Rosato will report to Philip R. Sherringham, Chief
Financial Officer and acting-President and Chief Executive Officer. He will
provide leadership to the bank's Asset Liability Management Committee
(ALCO) and oversee the bank's interest-rate risk and liquidity profiles.
"We are pleased to have David join us at People's United and bring his
expertise from two decades in financial services," Sherringham said. "His
depth of experience and knowledge of capital markets will allow him to make
meaningful contributions to the overall strategy of People's United."
People's United Financial is a diversified financial services company
providing consumer and commercial banking services through a network of 160
People's United Bank branches, including 75 locations in Super Stop & Shop
stores. Through its subsidiaries, People's United Financial provides
equipment financing, asset management, brokerage and financial advisory
services, and insurance services.
People's United Bank. Everything Starts With You.
SOURCE People's United Financial, Inc.
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Related links:
http://www.peoples.com/
http://www.prnewswire.com/comp/113252.html/
CONTACT:
Brent Di Giorgio, Corporate Communications of
People's United Financial, Inc., +1-203-338-3535, or fax,
+1-203-338-3461, Brent.DiGiorgio@peoples.com
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