Executive Changes

NEW ENGLAND

Webster Financial Corp., the holding company for Webster Bank in Waterbury, Conn., has hired Daniel H. Bley as executive vice president and chief risk officer.

Bley was a managing director in the financial institutions credit group at ABN Amro, which Royal Bank of Scotland bought in 2009.

Earlier, he was group senior vice president and the head of financial institutions and trading credit risk management at ABN Amro, where he worked for 16 years.

Webster Bank has $17 billion of assets.


NORTHEAST

Ridgewood Savings Bank in New York has promoted Norman L. McNamee to executive vice president.

McNamee, who has worked at Ridgewood for 34 years, was a senior vice president.

Ridgewood has $4.5 billion of assets.


Emclaire Financial Corp., the parent company of Farmers National Bank of Emlenton in Pennsylvania, has hired Matthew J. Lucco as a senior vice president and chief financial officer.

Lucco will assist the board and management team in developing and executing companywide strategic initiatives.

Also, he will manage the bank's finance and accounting department.

He was the chief financial officer at Salvage Direct Inc. in Titusville, Pa., and before that worked at First National Bank of Slippery Rock.

Farmers National has $500 million of assets.


SOUTHEAST

First Bancshares Inc. in Hattiesburg, Miss., has announced that David E. Johnson, its chairman since 1998, retired from the boards of the company and its bank subsidiary, First N.A.

Johnson now is a director emeritus.

He was a founding director of the $512 million-asset company and held the post of chief executive officer from the company's inception in 1995 until September 2009.

The posts of chairman and CEO were separated in 2009 to improve corporate governance and oversight.


State Bank and Trust Co. in Atlanta has hired William J. Abernathy Jr. as its chief risk management officer and a senior vice president.

Abernathy was the chief risk management officer at Brand Banking Co. in Atlanta.

Before that he was the senior vice president for risk management at Flag Bank in Lawrenceville, Ga.

He also has 30 years of experience with the Office of the Comptroller of the Currency as a senior federal bank examiner.

State Bank and Trust has $2.6 billion of assets.


Porter Bancorp, the holding company for PBI Bank in Louisville, has appointed W. Kirk Wycoff to its board, expanding that body to seven members.

Wycoff has more than 25 years of entrepreneurial banking experience.

He is a managing partner of Patriot Financial Partners LP and Patriot Financial Partners Parallel LP, private-equity funds operated from Philadelphia.

He also is the chairman of Continental Bank in Philadelphia and previously was its president and CEO.

PBI Bank has $1.8 billion of assets.

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