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Peter Kapp Joins Webster as Chief Strategy Officer

By Webster Bank

(STAMFORD, CT) November 21, 2024 | 1 min read —

Webster Bank is pleased to announce that Peter Kapp has joined Webster as Executive Managing Director and Chief Strategy Officer. Reporting directly to Chief Financial Officer Neal Holland, Kapp will lead the Bank’s corporate strategy function, including corporate development and resolution planning, ensuring that it aligns with the bank’s vision and business goals.

“Peter’s deep experience with large financial institutions will be a tremendous asset as we continue to strengthen our financial and strategic capabilities,” said Holland.

Most recently, Kapp served as Senior Vice President of Enterprise Capital Management and Finance Shared Services at Fannie Mae, where he played a key role in capital strategy and financial transformation. He also spent 20 years at Citigroup in various leadership roles, including Managing Director, Head of Capital Planning, Forecasting, and Analytics. He began his career as an investment banker for Financial Institutions at Citigroup.

Kapp holds an MBA in Finance from Columbia Business School and a BSE in Mechanical and Aerospace Engineering from Princeton University.

Santander Holdings USA, Inc. ( “Santander US” ) is a wholly -owned subsidiary of Madrid -based Banco Santander, S.A. (NYSE: SAN) (“Santander ”), recognized as one of the world’s most admired companies by Fortune Magazine in 2026, with more than 182 million customers in the United States, Europe and Latin America. Santander US is the intermediate holding company for Santander’s five growing businesses in the United States. Santander’s U.S. presence consists of auto lending, retail and digital banking, commercial banking, corporate and investment banking, and wealth management businesses. In August 2026, Santander closed on its acquisition of Webster Financial Corporation and, indirectly, Webster Bank, N.A, creating a leading retail and commercial bank in the United States by assets with an expanded presence in the Northeast. In the U.S. market, Santander also is recognized as top-10 auto lender and a top -10 multifamily bank lender and servicer, and operates one of the fastest growing digital banks, Openbank by Santander, as a division of Santander Bank, N.A. For more information about Santander US, please visit www.santanderus.com.

Contact Information

Media Contact:

Alice Ferreira

[email protected]

203-578-2610

Investor Contact:

Emlen Harmon

[email protected]

212-309-7646

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