WATERBURY, Conn. - Webster Financial Corp. said Monday that John V. Brennan, the executive vice president and chief financial officer of the $10 billion-asset company, died after a battle with pancreatic cancer.

Mr. Brennan, 48, was a certified public accountant who became CFO in 1990. Webster went through an aggressive acquisition phase during the decade, snapping up smaller thrifts in southern and central Connecticut and shoring up its base in the state. The company also expanded its product roster to include investment products and insurance.

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