Webster names new senior VP

WATERBURY, Conn. – Webster Bank says its newest senior executive is a leader in small-business lending, what the regional bank describes as one of its “most important strategic initiatives.”
John L. Guy Jr. has been hired as senior vice president for business and profession banking within Webster’s retail banking unit.
“Small business is one of Webster’s most important strategic initiatives, and Webster undertook a long, hard search to find a true leader in the field,” Anne Slattery, Webster’s executive vice president of retail banking, said in a statement. “John led small-business banking first at Wachovia in Charlotte, N.C., and most recently at Fifth Third in Cincinnati. He is deeply experienced in all facets of small business banking and ranks among the most highly qualified leaders of small business. He has extensive experience in small business financing, especially government lending programs. In fact, he has led two of the largest and most successful SBA lending teams in the country. We’re very pleased to have John on our team.”
Before joining Waterbury, Conn.-based Webster – the No. 9 bank in Rhode Island by deposits – Guy had worked for Fifth Third since 2006 as senior vice president of SBA and Alternative Lending Strategies. In this role he developed strategies and led a sales force handling U.S. Small Business Administration lending and alternative financing solutions. Earlier, Guy served as senior vice president of business banking, responsible for driving the strategies, managing large and diverse teams, and building an infrastructure that delivered a broad set of products and services to companies with revenue of up to $10 million.
Before Fifth Third, Guy worked for Wachovia from 1999 to 2006 as executive director for wholesale products, executive director for small and business banking, and CEO and chief operating officer for small-business capital. In each of these roles he was also responsible for managing strategies and teams of people responsible for providing products and services tailored to the specific needs of business customers nationally.
He has a bachelor’s degree in economics from the Wharton School at the University of Pennsylvania and an MBA from the University of Chicago. He is a board member and audit committee co-chair for Monetta Mutual Funds and has served as co-campaign chair for Habitat for Humanity of Ohio.