People's United Financial CEO Has Surgery

BRIDGEPORT, Conn., Sept. 14 People's UnitedFinancial (Nasdaq: PBCT) today announced that President and Chief ExecutiveOfficer, John A. Klein, had undergone surgery to address a recurrence ofcancer in the same area where he previously had cancer surgery. He reported inan e-mail to all employees that he was doing well and expects to return to thebank in early October. He stated that he is looking forward to returning tothe office and continuing to lead the bank during this exciting period in itshistory. Mr. Klein also indicated that he would be working from home beginningnext week and has been in day-to-day contact with the bank's executiveofficers.

People's United Financial is a diversified financial services companyproviding consumer and commercial banking services, in addition to insurance,trust and financial advisory services. Its principal subsidiary, People'sUnited Bank, is a leader in supermarket banking, with 75 of its 159 brancheslocated in Super Stop & Shop stores. Through its subsidiaries, People's UnitedFinancial provides brokerage and financial advisory services, assetmanagement, equipment financing and insurance services.

SOURCE People's United Financial

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