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.

James C. Smith, chairman and chief executive officer, said Mr. Brennan "was a key decision maker in our successful transformation into a leading regional financial services provider."

Before being named CFO, Mr. Brennan was senior vice president and treasurer. Before that he worked for 10 years in the financial institutions practice at KPMG Peat Marwick.

He is survived by his wife, Susan, and three children, Jack, Mary Kate, and Danny.

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