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Webster Five Announces New Roles in Senior Leadership

Auburn, MA – Webster Five is entering the new year with an expanded senior leadership team to assist the Bank’s growing demand and operations.

Brian Westerlind has been named Chief Operating Officer, an expansion to his role as Chief Financial Officer. Brian has served as Webster Five’s CFO for over 14 years, coming to the bank from his prior position as Senior Manager at Wolf & Company, P.C. His responsibilities will include providing guidance to Retail Banking, Operations and Marketing, alongside Finance, Retail Lending and Facilities.

“These expanded responsibilities under the new COO role will work to better serve and shape our retail and operational strategies,” said Westerlind. “As the Bank continues to strive for operational excellence in all areas, I’m excited to work with our departments to lead Webster Five into the future.”

Jennifer Nickerson joins the Bank’s Senior Management as Chief Risk Officer. Jennifer served as Webster Five’s VP, Director of Risk/Compliance/Audit for over 2 years prior to her promotion and brings over 24 years of audit experience. Her role will include contributing insights in risk management and meeting regulatory requirements for the bank, as well serving to position all bank risk functions under one leader.

“Formally bringing Risk into our senior leadership further demonstrates the Bank’s commitment to proactive risk management and strategic decision making,” said Nickerson. “With our talented teams at Webster Five, I look forward to navigating complexities and charting a course for sustainable growth.”

Webster Five has continued to grow and upgrade to better serve their customers, bringing on new challenges and opportunities. The Bank is confident that this updated leadership structure will best serve to foster sustainable development for the Webster Five and the community.

“I am excited about these organizational changes, which directly align with Webster Five’s plans for growth,” said Don Doyle, President/CEO, Webster Five. “This new leadership structure will optimize our overall team effectiveness while sustaining the agility and adaptability needed to lead Webster Five forward.”