Wealth Management Team Joins People's United In Connecticut

         Wealth Management Team Joins People's United In Connecticut

PR Newswire

BRIDGEPORT, Conn., March 31, 2014

BRIDGEPORT, Conn., March 31, 2014 /PRNewswire/ -- People's United Bank
announced today that a team of five seasoned professionals has joined its
Wealth Management group. The team, led by David J. Dixon, Senior Vice
President, Wealth Management at People's United and, most recently, Director
of Webster Private Bank and Wealth Management for Webster Financial
Corporation, brings a total of over 130 years of combined experience in Wealth
Management and will augment the bank's current business capabilities in the
central Connecticut market.

The team, which will be located in the Gold Building at One Financial Plaza in
Hartford, will serve clients in central and eastern Connecticut.

"We are delighted to welcome David and his team members and are confident that
their expertise in private banking, trust and investment management and
financial planning will provide our clients with significant added value,"
said Galan G. Daukas, Senior Executive Vice President, Wealth Management,
People's United Bank. "Their impressive knowledge, depth of experience and
breadth of relationships in the market will be attractive to both existing and
new clients of the bank."

David J. Dixon, CFA, Senior Vice President, Wealth Management

Dixon's responsibilities include overseeing the investment management, trust,
and financial planning functions. Dixon has over 20 years of experience in
investment management and banking.

Prior to joining Webster, Dixon was employed by Harbor Capital Management in
Boston. He also served 16 years at Fleet in a variety of strategy and
investment related capacities.

Dixon, who earned his bachelor's degree at the University of Virginia and MBA
from Rensselaer Polytechnic Institute, holds the Chartered Financial Analyst
designation, and is a member of the Hartford CFA Society. He serves on the
Board of the Saint Francis Hospital Foundation and on the Executive Committees
of the Boards of the First Tee of Connecticut and the Arthritis Foundation of
Southern New England and Northern New England.

Charles L. "Chip" Olson, Director of Sales, Wealth Management, Senior Vice
President

Olson has more than 25 years of experience in the financial services industry,
most recently as Director of Business Development for the wealth management
arm of Webster Bank, working with affluent, high net worth individuals and
non-profit institutions. Prior to joining Webster, he was Senior Vice
President with Bank of America's Private Bank; and President and CEO of
Phoenix National Trust Company, a wholly owned subsidiary of the Phoenix Life
Companies. Other work experience includes Senior Vice President, National
Sales for Phoenix Investment Partners, CIGNA and U.S. Trust Company in New
York. He has had relationships with some of the country's largest public and
corporate pension plans.

Olson, who earned his undergraduate degree at Hobart College in Geneva, NY and
an MBA in finance from the New York University's Stern School of Business,
holds Series 7, 66 and Life and Health Licenses. He is currently a member of
the Board of Directors of the Connecticut Children's Medical Center
Foundation, United Way of Capital Area's Investment Committee, the Simsbury
Soccer Club and the Treasurer of the Estate and Business Planning Council of
Hartford.

Stephen W. Bright, CFA, Senior Portfolio Manager, Senior Vice President

Bright brings more than 25 years of experience in the financial services
industry as he joins People's United from his position at Webster Private Bank
as a Portfolio Manager. For the last 13 years he has managed portfolios for
high net worth individuals and nonprofit organizations at Webster, Trust
Company of Connecticut and NewAlliance Bank. Previous work experience includes
the day-to-day responsibility for a "Manager of Managers" program at Allmerica
Financial and performing due diligence on over 50 money managers in
conjunction with a national pension consultant. Bright began his financial
career as a private placement analyst and fixed income portfolio manager at
Travelers.

He earned his undergraduate degree from Middlebury College and MBA from the
Darden School at the University of Virginia. Bright is a Chartered Financial
Analyst and a member of the Hartford Society of Financial Analysts.

Christopher Alcorn Childs, CFA, Senior Portfolio Manager, Senior Vice
President

Childs has more than 25 years of experience in the financial services
industry, most recently as a Portfolio Manager with Webster Private Bank,
working with affluent and high-net worth individuals and institutions.

He earned his undergraduate degree at St. Lawrence University in Canton, NY.
He is also a Chartered Financial Analyst and a member of the Hartford Society
of Financial Analysts.

Childs currently serves on the Town of Suffield Board of Finance. In addition
to his role as Treasurer of the Suffield Library Foundation, he also serves on
several other local non-profit boards. 

Robert E. Maglio, Senior Portfolio Manager, Senior Vice President

Maglio has over 12 years of experience in managing investments for high net
worth individuals, families and not-for-profit institutions, most recently
with Webster Private Bank where he was responsible for the research and
coordination of all fixed income trading within Webster Private Bank. In
addition, he oversaw equity research within specific sectors and the diligent
management of his client portfolios. Previously Maglio held positions at The
Hartford and MassMutual.

He is a 1998 graduate of Central Connecticut State University with a B.S.
degree in Business. He holds the Series 6 and Series 7 licenses and is
currently pursuing his Certified Financial Planner designation in an effort to
provide a more holistic approach to his client relationships.

People's United Bank is a subsidiary of People's United Financial, Inc.
(NASDAQ: PBCT), a diversified financial services company with $32 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 410 retail locations in
Connecticut, New York, Massachusetts, Vermont, New Hampshire and Maine.

SOURCE People's United Bank

Website: http://www.peoples.com
Contact: Valerie C. Carlson, Corporate Communications, 203.338.2351, Fax:
203.338.3461, valerie.carlson@peoples.com
 
Press spacebar to pause and continue. Press esc to stop.