June 23, 2009

June 23, 2009

PEOPLE’S UNITED BANK NAMES CHIEF AUDITOR 

BRIDGEPORT, CT – People’s United Bank (Nasdaq: PBCT) announced today the appointment of Marie Thresher to Senior Vice President, Chief Auditor. Thresher will be responsible for directing the internal audit functions of People’s United Bank, and leading the Audit Department in achieving business operational goals. Thresher will report directly to George Carter, Chairman of the Audit Committee, and administratively to Chantal Simon, Executive Vice President and Chief Risk Officer.   

Thresher has a 20-year career in Internal Audit, most recently acting as Interim Chief Auditor with People’s United Bank in Burlington, Vermont. She began her career in November 2000 with the Chittenden Corporation, a predecessor company of People’s United Bank. Over the course of her career, Thresher has been responsible for the operational, financial and compliance risk management functions of the internal audit department. She has effectively executed risk-based audit plans, implemented corporate governance compliance programs and developed strategic and technological plans for risk management.   

Thresher holds a Bachelor of Science Degree in Finance from Central Connecticut State University, is a Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), and a Certified Bank Auditor (CBA).

 

People's United Bank, a diversified financial services company with $20 billion in assets, provides consumer and commercial banking services through a network of subsidiary banks with more than 300 branches in Connecticut, Vermont, New Hampshire, Massachusetts, Maine and New York. Through additional subsidiaries, People's United Financial, the parent of People’s United Bank, provides equipment financing, asset management, brokerage and financial advisory services, and insurance services.

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