People's United Financial, Inc. Names Nancy McAllister To Board Of Directors
BRIDGEPORT, Conn., Sept. 19, 2013
BRIDGEPORT, Conn., Sept. 19, 2013 /PRNewswire/ --People's United Financial,
Inc. (Nasdaq: PBCT), the holding company for People's United Bank, announced
today that its Board of Directors approved an increase in the size of the
Board of Directors to eleven members and appointed Nancy McAllister as a
director to fill the vacancy created by that action.
McAllister was, until May 2011, Americas Co-Head, Financial Institutions
Group, Investment Banking, at Credit Suisse Securities (USA) LLC, a
diversified financial services firm. Her group covered banks, insurance
companies, specialty finance, asset management and financial technology
institutions. With 30 years of experience in financial services, she currently
serves on the PennyMac Mortgage Investment Trust Board as Chair of the Finance
Committee and member of the Compensation Committee. McAllister resides in Port
Jefferson, Long Island, NY.
"We are very pleased to welcome Nancy to our Board of Directors," said Jack
Barnes, President and CEO of People's United. "Her breadth and depth of
experience in both banking and financial services, as well as her familiarity
with the New York market, is invaluable and we look forward to working with
Ms. McAllister will serve as a member of the Board's Treasury and Finance
Committee. She will also serve as a member of the Loan Review Committee of
the Board of Directors of People's United Bank.
People's United Bank is a subsidiary of People's United Financial, Inc., a
diversified financial services company with $31 billion in assets. People's
United Bank, founded in 1842, is a premier, community-based, regional bank in
the Northeast offering commercial and retail banking, as well as wealth
management services through a network of 418 retail locations in Connecticut,
New York, Massachusetts, Vermont, New Hampshire and Maine. Visit us at
People's United Bank. "What know-how can do." ^SM
SOURCE People's United Financial, Inc.
Contact: Investors: Peter Goulding, CFA, Investor Relations, 203.338.6799,
email@example.com; Media: Valerie C. Carlson, Corporate
Communications, 203.338.2351, firstname.lastname@example.org
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