Alexander KarpAlexander Karp earned $1B in 2024

In 2017, James C. Smith earned $3.16M in total compensation at Webster Financial Corporation, including $950.00K salary and $1.83M in stock. Most recently acquired 50,100 shares in Feb 2019. Currently holds stock worth $20.75M. Has donated $8.88M in stock to charitable causes. Led Webster Financial Corporation as CEO for 4 years.

Compensation History

Annual executive compensation data for James C. Smith, including salary, bonuses, and stock awards.

Year

2017

Total Compensation

$3.16M

Salary

$950.00K

Bonus

$0.00

Other

$386.36K

Salary

$950.00K

Board Justification

The compensation program is designed to attract, engage, and retain qualified executives, rewarding actions and results that increase Economic Profits and maximize shareholder return.

Bonus

$0.00

Board Justification

No bonus was awarded in 2017.

Other Compensation

$386.36K

Board Justification

Includes contributions to retirement plans, dividends on unvested stock, and life insurance premiums.

Restricted Stock

$1.83M2.44K Performance Shares

Board Justification

Performance shares that vested based on achievement of performance metrics over a three-year period.

Performance Metrics

Performance metrics include return on equity and total shareholder return relative to peers.

W

James C. Smith

Ex-CEO of Webster Financial Corporation

Education

Bachelor's degree in Journalism from Marshall University

Field of Expertise

Other - Journalism

Sector of Economy

Financial Services

Born

October 23, 1960 - 65 years ago

CEO of Webster Financial Corporation for

4 years 3 months (Sep 2013 - Dec 2017)

Previous Experience

Executive Vice President, Chief Financial Officer and Chief Risk Officer at Webster Financial Corporation

Holdings

Track James C. Smith's stock holdings and portfolio value over time.

Total Stock Sold

$18.50M

WBS

$18.50M

400,086 WBS shares

What if they kept their stock?

If James C. Smith didn't sell their stock, today they would have:
Extra WBS400,086 shares worth $25.00M.
This is 35.14% and $6.50M more than what they got when they sold the stock.

Charitable Transactions

WBS

142,130 shares

WBS

Recent Charitable Transactions

WBS

70,000 shares

WBS

Dec 31, 2018

Charity

WBS

4,000 shares

WBS

Dec 31, 2017

Charity

WBS

2,000 shares

WBS

Dec 31, 2016

Charity

WBS

3,116 shares

WBS

Nov 1, 2016

Charity

WBS

7,914 shares

WBS

Apr 12, 2016

Charity

WBS

2,000 shares

WBS

Dec 31, 2015

Charity

Insider Trading

James C. Smith's recent stock transactions, purchases, and sales filed with the SEC.

WBS

$2.84M

WBS at $56.74/share

Feb 24, 2019

Received

WBS

$3.03M

WBS at $55.07/share

Feb 4, 2019

Sale

WBS

$2.47M

WBS at $53.94/share

Jan 31, 2019

Sale

WBS

70,000 shares

WBS

Dec 31, 2018

Charity

WBS

249.524 shares

WBS

Sep 4, 2018

Received

WBS

245.136 shares

WBS

Jul 2, 2018

Received

WBS

$3.63M

WBS at $60.54/share

Apr 26, 2018

Sale

WBS

$2.78M

WBS at $56.42/share

Feb 26, 2018

Received

WBS

$500.22K

WBS at $55.93/share

Oct 27, 2017

Sale

WBS

4,000 shares

WBS

Dec 31, 2017

Charity

Rivals

Compare James C. Smith with competitor CEOs and industry peers.