Luis  Massiani net worth and biography

Luis Massiani Biography and Net Worth

Luis Massiani is Executive Vice President, Chief Operating Officer of Webster Bank and of Webster Financial Corporation (NYSE: WBS) a leading commercial bank with more than $60 billion in assets.

In his role, Luis is responsible for the operating infrastructure of the Bank including, bank operations, technology, retail and digital banking, innovation, and corporate strategy activities.

He most recently served as Chief Operating Officer of Sterling Bancorp, and President of Sterling National Bank. He previously served as Chief Financial Officer of Sterling Bancorp and Sterling National Bank. Prior to Sterling, Luis was a Director in the Investment Banking department of Credit Suisse Securities, LLC. Before joining Credit Suisse, he served as a Director in the Investment Banking department of Citadel Securities, LLC.

He holds an MBA from the Kelley School of Business at Indiana University.

What is Luis Massiani's net worth?

The estimated net worth of Luis Massiani is at least $4.00 million as of January 30th, 2024. Mr. Massiani owns 89,621 shares of Webster Financial stock worth more than $4,003,370 as of April 23rd. This net worth evaluation does not reflect any other assets that Mr. Massiani may own. Additionally, Mr. Massiani receives an annual salary of $1,680,000.00 as COO at Webster Financial. Learn More about Luis Massiani's net worth.

How old is Luis Massiani?

Mr. Massiani is currently 47 years old. There are 6 older executives and no younger executives at Webster Financial. The oldest executive at Webster Financial is Mr. Glenn I. MacInnes, Executive VP & CFO, who is 63 years old. Learn More on Luis Massiani's age.

What is Luis Massiani's salary?

As the COO of Webster Financial Co., Mr. Massiani earns $1,680,000.00 per year. The highest earning executive at Webster Financial is Mr. John R. Ciulla, Chairman & CEO, who commands a salary of $2,480,000.00 per year. Learn More on Luis Massiani's salary.

How do I contact Luis Massiani?

The corporate mailing address for Mr. Massiani and other Webster Financial executives is 145 BANK STREET, WATERBURY CT, 06702. Webster Financial can also be reached via phone at (203) 578-2202 and via email at [email protected]. Learn More on Luis Massiani's contact information.

Has Luis Massiani been buying or selling shares of Webster Financial?

Luis Massiani has not been actively trading shares of Webster Financial in the last ninety days. Most recently, Luis Massiani sold 13,500 shares of the business's stock in a transaction on Tuesday, January 30th. The shares were sold at an average price of $51.63, for a transaction totalling $697,005.00. Following the completion of the sale, the chief operating officer now directly owns 89,621 shares of the company's stock, valued at $4,627,132.23. Learn More on Luis Massiani's trading history.

Who are Webster Financial's active insiders?

Webster Financial's insider roster includes William Atwell (Director), Daniel Bley (Insider), Javier Evans (Insider), Thomas Geisel (Insider), Luis Massiani (COO), Maureen Mitchell (Director), Christopher Motl (EVP), Mark Pettie (Director), and Charles Wilkins (EVP). Learn More on Webster Financial's active insiders.

Are insiders buying or selling shares of Webster Financial?

In the last year, insiders at the financial services provider sold shares 6 times. They sold a total of 50,941 shares worth more than $2,392,801.96. The most recent insider tranaction occured on February, 29th when insider Daniel Bley sold 2,000 shares worth more than $95,200.00. Insiders at Webster Financial own 0.7% of the company. Learn More about insider trades at Webster Financial.

Information on this page was last updated on 2/29/2024.

Luis Massiani Insider Trading History at Webster Financial

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
1/30/2024Sell13,500$51.63$697,005.0089,621View SEC Filing Icon  
6/6/2023Sell16,000$37.27$596,320.00115,153View SEC Filing Icon  
9/8/2022Sell20,000$47.35$947,000.00132,910View SEC Filing Icon  
8/5/2022Sell8,000$46.43$371,440.00152,910View SEC Filing Icon  
See Full Table

Luis Massiani Buying and Selling Activity at Webster Financial

This chart shows Luis Massiani's buying and selling at Webster Financial by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

Webster Financial Company Overview

Webster Financial logo
Webster Financial Corporation operates as the bank holding company for Webster Bank, National Association that provides a range of financial products and services to individuals, families, and businesses in the United States. It operates through three segments: Commercial Banking, HSA Bank, and Consumer Banking. The Commercial Banking segment offers commercial real estate and equipment financing, business banking, asset-based lending, and commercial services; public sector finance; mortgage warehouse financing; sponsor and specialty financing services; credit, deposit, and cash flow management services; and wealth management solutions to business owners and operators, including trust, asset management, financial planning, insurance, retirement, and investment products, as well as treasury management services comprising derivative, treasury, accounts payable, accounts receivable, and trade products and services. This segment also provides commercial services, such as accounts receivable factoring and trade financing, payroll funding, and business process outsourcing. The HSA Bank segment offers health savings accounts, health reimbursement arrangements, flexible spending accounts, and commuter benefit services that are distributed directly to employers and individual consumers, as well as through national and regional insurance carriers, benefit consultants, and financial advisors. The Consumer Banking segment provides consumer deposit and fee-based services, residential mortgages, home equity lines, secured and unsecured loans, and credit cards to consumers; and small business banking products, such as credit, deposit, and cash flow management products to businesses and professional service firms. The company offers online and mobile banking services. Webster Financial Corporation was founded in 1935 and is headquartered in Stamford, Connecticut.
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Today's Range

Now: $45.05
Low: $44.51
High: $46.08

50 Day Range

MA: $47.99
Low: $45.30
High: $50.86

2 Week Range

Now: $45.05
Low: $31.03
High: $53.39

Volume

1,442,043 shs

Average Volume

1,139,373 shs

Market Capitalization

$7.74 billion

P/E Ratio

9.21

Dividend Yield

3.45%

Beta

1.33