Brief: Community Bank System Inc Announces CEO Succession Plan

Community Financial System

05/07/2023 14:06

July 5 (Reuters) - Community Bank System Inc  CBU.N :
    * COMMUNITY BANK SYSTEM, INC. ANNOUNCES CEO SUCCESSION PLAN
    * MARK E. TRYNISKI WILL RETIRE AS COMPANY'S PRESIDENT AND
CEO
EFFECTIVE AS OF DECEMBER 31
    * MARK E. TRYNISKI WILL RETIRE AS COMPANY'S PRESIDENT AND
CHIEF
EXECUTIVE OFFICER EFFECTIVE AS OF DECEMBER 31, 2023
    * DIMITAR A. KARAIVANOV TO SUCCEED TRYNISKI EFFECTIVE AS OF
JANUARY 1
    * BOARD WILL EXPAND TO 13 DIRECTORS AND APPOINT KARAIVANOV
AS A
DIRECTOR OF CO AND BANK EFFECTIVE AS OF JANUARY 1, 2024
    * TRYNISKI HAS AGREED, IF NOMINATED, TO SERVE AS A DIRECTOR
OF CO
AND BANK UNTIL DECEMBER 31, 2024

Source text for Eikon:  ID:nBw4fzWbMa 
Further company coverage:  CBU.N 

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