July 21, 2009 (FinancialWire) — Charles W. Shivery has been elected to the board of Webster Financial Corp. (NYSE: WBS). He is chairman, president and CEO of Northeast Utilities (NYSE: N).

Shivery joined Northeast Utilities in 2002 and assumed his current position there in 2004 after holding previous posts with the company. Prior to Northeast Utilities, he was co-president of the Constellation Energy Group, the parent company of Baltimore Gas & Electric and other energy related businesses.

Waterbury, Connecticut-based Webster Financial is the holding company for Webster Bank, National Association. The bank provides business and consumer banking, mortgage, financial planning, trust and investment services through 181 banking offices, 492 ATMs, telephone banking and the Internet.

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