Webster Financial adjusts compensation for CFO Neal Holland

Webster Financial Corporation (NYSE:WBS) announced Thursday that its Compensation and Human Resources Committee approved a series of compensation changes for Senior Executive Vice President and Chief Financial Officer Neal Holland. The approval was made to recognize Holland’s integration and contributions to the company, according to a statement based on a recent SEC filing.

The committee granted Holland a one-time award of $500,000 in Webster restricted stock, which will vest on the third anniversary of the grant date under the Webster 2021 Stock Incentive Plan. In addition, his annual base salary was set at $730,000, effective September 22, 2025.

Holland’s target annual cash incentive award was established at 125% of his base salary, and his target annual long-term incentive awards were set at 200% of his base salary.

Webster Financial, headquartered in Stamford, Connecticut, is listed on the New York Stock Exchange under the ticker WBS. The information is based on a press release statement included in the company’s SEC filing.

In other recent news, Webster Financial Corporation reported its third-quarter 2025 earnings, surpassing analyst expectations with an earnings per share (EPS) of $1.54, compared to the forecasted $1.52. Revenue also exceeded projections, coming in at $732.6 million against the expected $727.54 million. Despite these positive earnings results, Raymond James lowered its price target for Webster Financial to $65 from $68, while maintaining an Outperform rating. The firm highlighted strong balance sheet growth, solid credit quality, minimal non-deposit funding institution risk, and stronger fee revenues in the quarter. These developments suggest a complex financial landscape for Webster Financial, balancing positive earnings with cautious analyst adjustments.

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