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Webster Bank Expands Regional President Roles in Connecticut

May 28, 2021, 07:43 AM
Filed Under: Banking News
Related: Webster Bank

Webster Bank announced expanded roles for Regional Presidents in Connecticut.
Timothy D. Bergstrom, Regional President, will now oversee the Hartford, New Haven and Middlesex county markets including greater Bristol, New Britain, Hartford and New Haven. Michael L. O’Connor, Regional President, will continue to oversee the greater Waterbury market. Additionally, Martin H. Anderson has been appointed Regional President for the Fairfield County market including greater Stamford and Danbury.
“Tim, Mike and Martin have many years of experience in banking, and they have built extensive relationships with customers, and business and civic leaders throughout the bank’s footprint, which is crucial to success in this role,” said Chris Motl, executive vice president, Head of Commercial Banking. “We congratulate Martin on his expanded role and look forward to him representing Webster in Fairfield County.
A resident of Bethel, Connecticut, Anderson joined Webster in 2009 and is a senior vice president in its Middle Market banking group. He has more than 25 years of experience in creating flexible lending solutions for family-owned businesses and working with private equity sponsors to finance mergers and acquisitions, working capital and revenue generating assets.
Anderson is a member of the board of the Exit Planning Exchange in Fairfield County and is on the Event Planning Committee for First Tee of Fairfield County. He also served as vice chair of United Way of Western Connecticut and is a former board member of Junior Achievement of Southwestern Connecticut.
He joins Webster regional presidents serving in the bank’s Boston, Rhode Island-Southeastern Massachusetts, Metro New York City and Philadelphia markets.
In 2014, Bergstrom and O’Connor were named regional presidents for Greater Hartford and Greater Waterbury, respectively.
A resident of Burlington, Connecticut, Bergstrom joined Webster in 1998 and is senior vice president, currently responsible for Business Banking activities in Connecticut. In his role, he is responsible for all aspects of business development, community outreach, and relationship management for business and professional services clients.
Bergstrom is a member of the board of CCARC, New Britain; Waterbury Housing Fund; Community Investment Corporation, Hamden; and Waterbury Regional Chamber of Commerce. He also serves on the budget and finance committee of the Metro Hartford Alliance. Bergstrom is a past director of the New Britain Museum of American Art, Palace Theater, American Liver Foundation, Connecticut Chapter, New Britain Chamber of Commerce, Easter Seals and United Way of Greater Waterbury. He also served as a past Campaign Chair for the United Way of Greater Waterbury.
A resident of Washington, Connecticut, O’Connor joined Webster in 2012 and is responsible for all aspects of the bank’s corporate real estate portfolio. He has more than 20 years of experience in real estate and construction and is retired from the United States Army after serving 26 years as an officer in the Reserves, National Guard and Active Army.
O’Connor is the immediate past chair and member of the campaign committee for the annual United Way Campaign of the United Way of Greater Waterbury; and, is a board member of Saint Mary’s Hospital Foundation, The Palace Theater and Waterbury Development Corp. He also serves as board member and secretary of the Greater Waterbury YMCA; board member and on the finance committee of Waterbury PAL; and, is chair and member of the board of Waterbury Community Investment, which focuses on creating housing for the City of Waterbury.

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