People's United Financial, Inc., the holding company for People's United Bank, N.A., has named Jack Barnes Chairman of the Board for both People's United Financial, Inc. and People's United Bank, N.A. Barnes will also remain CEO of both companies. Concurrently, the independent members of the Board of Directors unanimously agreed to appoint George Carter, currently Chairman of the Board for both companies, as Lead Director. The new appointments of Barnes and Carter are part of a long-term strategic Board succession plan. Barnes was named President and CEO of People's United on July 22, 2010 and was also appointed to the Board. He joined People's United Bank after an accomplished 25 year career at Chittenden Corporation, which was acquired in 2008 by People's United. Barnes served as Senior Executive Vice President and Chief Administrative Officer of People's United directly following the acquisition. He is also the current Chairman of People's United Community Foundation. The former President of Connecticut Foods, Inc., Carter was elected to the bank's Board of Directors in 1976, appointed Chairman in 2007, and was also elected Chairman of People's United Audit Committee in 2007 when the holding company was formed. He is active in the community and also currently serves on the Board of Directors of People's United Community Foundation and Bridgeport Hospital, is a Chairman of the board of Trustees of United Congregational Church, Co-founder and Honorary Director of Nourish Bridgeport, and a past Trustee of Wakeman Boys & Girls Club.