People's Bank in Bridgeport, Conn., said Monday that its president and chief executive, John A. Klein, has undergone successful cancer surgery and is expected to return to work in early October.
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The $11 billion-asset company did not disclose the type of cancer or the nature of the surgery. It said that Mr. Klein had sent an e-mail to employees saying that he is doing well and that he would be working from home for several weeks.
People's, with 155 branches, has the No. 2 deposit share in Connecticut, behind Bank of America Corp. People's stock closed up 3% in heavy trading Monday, at $36.
