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The Reverend and the Banker

by Paul Bass | April 26, 2007 8:51 AM
Posted to Corporate Watch

Paul Bass photo
NewAlliance Bank’s president (pictured) came under fire at an annual shareholders meeting for her $4 million 2006 compensation as well as for her role at Yale-New Haven Hospital.

President Peyton Patterson faced 20 minutes of shareholder open-mic barbs — including pointed questions from a retired reverend and a union activist — at the end of the bank’s annual meeting Tuesday morning. The meeting took place in the lobby of the Chevrolet Theatre (which was known as the Oakdale back in the days when NewAlliance was known as New Haven Savings Bank).

Click here to continue reading this report from our New Haven bureau.

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