The boards of directors of Webster Financial and Sterling Bancorp unanimously approved a definitive agreement under which the two companies will combine in an all-stock merger of equals transaction with a total market value of approximately $10.3 billion.
April 19, 2021
Luis Massiani, CFO and president of Sterling Bancorp, will assume the role of chief operating officer beginning March 1, 2021. Bea Ordonez joined Sterling as executive vice president and will assume the role of CFO on March 1.
January 12, 2021