James C. Smith, chairman and CEO of Webster Bank

The chief executive of Waterbury-based Webster Financial Corp. earned a pay package of $2.4 million in 2013 but saw a sharp decline in a cash bonus tied to the bank's financial performance, a shareholder proxy filed Friday shows.<br><br>
<a href="http://articles.courant.com/2014-03-14/business/hc-webster-financial-proxy-20140314_1_stock-options-restricted-shares-pay-package"><b>MORE: Pay For Webster Financial CEO Totals $2.4 Million In 2013</b></a>

( March 6, 2012 )

The chief executive of Waterbury-based Webster Financial Corp. earned a pay package of $2.4 million in 2013 but saw a sharp decline in a cash bonus tied to the bank's financial performance, a shareholder proxy filed Friday shows.

MORE: Pay For Webster Financial CEO Totals $2.4 Million In 2013

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