Edition:
United Kingdom

Chemung Financial Corp (CHMG.OQ)

CHMG.OQ on NASDAQ Stock Exchange Global Select Market

52.51USD
5:01pm GMT
Change (% chg)

$0.10 (+0.19%)
Prev Close
$52.41
Open
$52.51
Day's High
$52.51
Day's Low
$52.47
Volume
395
Avg. Vol
2,191
52-wk High
$53.40
52-wk Low
$32.48

Summary

Name Age Since Current Position

David Dalrymple

61 2006 Independent Chairman of the Board

Anders Tomson

48 2016 President, Chief Executive Officer, Chief Operating Officer

Karl Krebs

59 2013 Chief Financial Officer, Treasurer

Karen Makowski

58 2011 Executive Vice President, Chief Administrative and Risk Officer

Louis DiFabio

51 2015 Executive Vice President - Business Client Services Group of the Bank

Kimberly Hazelton

2016 Executive Vice President of Retail Client Services of the Bank

Thomas Wirth

50 2015 Executive Vice President - Wealth Management Group of the Bank

Richard Carr

61 2011 Executive Vice President - Client Service of the Bank

Melinda Sartori

57 2002 Executive Vice President - Wealth Management Group of Bank

G. Thomas Tranter

60 2014 Director

Kevin Tully

2016 Director

Thomas Tyrrell

64 2014 Director

Larry Becker

75 2011 Independent Director

Bruce Boyea

64 2011 Independent Director

Robert Dalrymple

64 1995 Independent Director

Clover Drinkwater

68 2005 Independent Director

Stephen Lounsberry

61 1995 Independent Director

John Potter

69 1991 Independent Director

Richard Swan

66 1984 Independent Director

Kathy McKillip

2012 IR Contact Officer

Biographies

Name Description

David Dalrymple

Mr. David J. Dalrymple is Independent Chairman of the Board of Chemung Financial Corporation. He has served as a director since 1993, and is currently Chairman of the respective Boards of the Company and the Bank. He is the President of Dalrymple Gravel and Contracting, a company specializing in producing construction materials for highway construction. Mr. Dalrymple is the brother of Robert H. Dalrymple, also a director of the Company. Qualifications to serve on the Board include over three decades of experience in business ownership, financial planning experience, and strong managerial and organizational skills.

Anders Tomson

Mr. Anders M. Tomson has been President, Chief Executive Officer, Chief Operating Officer of the Chemung Financial Corporation and Chemung Canal Trust Company. He has been appointed as Chief Executive Officer effective December 31, 2016. He currently serves as the President of Capital Bank, a division of Chemung Canal Trust Company. He has served in that position since Chemung Canal acquired Capital Bank in April 2011. For the immediate future he will continue to serve as Division President. Chemung Canal's offices in Albany and Saratoga counties operate under the name Capital Bank. A graduate of Cornell University, he brings an extensive background in commercial and real estate lending to the bank. Prior to joining Chemung Canal, he served as Senior Vice President and Commercial Real Estate Division Executive for RBS Citizens Bank, Senior Vice President of the Community Preservation Corporation and Senior Vice President of Conley Realty Associates, Ltd. Active within the community, Mr. Tomson currently serves as the Chairman of the Capital City Housing Corp, Chairman of the Visiting Nurses Association of Albany, a Director of the Community Preservation Corporation and a member of the Albany Medical Center Development Committee.

Karl Krebs

Mr. Karl Francis Krebs as Chief Financial Officer and Treasurer of the Corporation. He is Executive Vice President, Chief Financial Officer and Treasurer of the Corporation’s wholly owned subsidiary, Chemung Canal Trust Company, effective October 16, 2013. Mr. Krebs, who has more than 30 years of banking experience. Mr. Krebs served as Executive Vice President and Chief Financial Officer of Financial Institutions, Inc. in Warsaw, New York from 2009 to 2013. Prior to Financial Institutions, Inc., Mr. Krebs served as Senior Financial Specialist at West Valley Environmental Services, LLC in 2009 and President of Robar General Funding Corp., a mortgage and construction loan broker, from 2006 to 2008. Krebs earned a BS in Accounting from Canisius College and an MBA, with a concentration in Finance and Accounting, from the State University of New York at Buffalo. He is a Board Member of the Buffalo Museum of Science and a past member of the Board of Trustees of the New York State Bankers Retirement System, where he also served on the group's Investment Committee.

Karen Makowski

Mrs. Karen R. Makowski is Executive Vice President, Chief Administrative and Risk Officer of Chemung Financial Corporation since November 16, 2011. She is a Consultant in regulatory compliance and strategic planning (2009); President & CEO, Panther Community Bank Florida (2006). Mrs. Makowski joined the Company in 2011.

Louis DiFabio

Mr. Louis C. DiFabio is Executive Vice President - Business Client Services Group of the Bank., a subsidiary of Chemung Financial Corporation. He was Executive Vice President - Retail Client Services of Chemung Canal Trust Company, a subsidiary of Chemung Financial Corporation. He is Executive Vice President of the Bank (2011) responsible for Retail Client Services; Senior Vice President of the Bank (2005). Mr. DiFabio has been with the Company since 1987.

Kimberly Hazelton

Thomas Wirth

Mr. Thomas W. Wirth is Executive Vice President - Wealth Management Group of the Bank, a subsidiary of Chemung Financial Corporation. He joined the Bank in 1987. Within the Wealth Management Group he has held the positions of Senior Vice President and Chief Investment Officer since 2004, and Senior Investment Officer and Investment Services Manager from 1999 to 2004. Mr. Wirth is a Chartered Financial Analyst and earned his B.S. in Business Administration from Wake Forest University.

Richard Carr

Mr. Richard G. Carr is the Executive Vice President - Client Service of Chemung Canal Trust Company, a subsidiary of Chemung Financial Corporation since 2011. He served as Senior Vice President of the Bank (2004). Mr. Carr has been with the Company since 1997.

Melinda Sartori

Mrs. Melinda A. Sartori is Executive Vice President - Wealth Management Group of Chemung Canal Trust Company, a subsidiary of Chemung Financial Corporation since 2002. Mrs. Sartori has been with the Company since 1994.

G. Thomas Tranter

Mr. G. Thomas Tranter, Jr. is Director of the Company. Mr. Tranter is the President of Corning Enterprises, the collaborative arm of Corning, Inc. that aims to positively impact the economic, cultural, educational and social health of our region. Tranter joined Corning, Inc. in 2000 after serving ten years as Chemung County Executive, having been elected three times to that position. He previously served as Chemung County Deputy Executive, Horseheads Village Manager, and Executive Director of the Chemung/Schuyler Chapter of the American Red Cross. Mr. Tranter currently serves as co-chairman of the Southern Tier Regional Economic Council for New York State, is vice-chair of the New York State Business Council and vice-chair of Corning Hospital. He serves on the Board of Corning's Gaffer District, the Chemung County Industrial Development Agency and the Southern Tier Central Regional Planning & Development Board. He graduated with a Bachelor of Science from Elmira College, a Masters in professional studies from Alfred University and is a graduate of Cornell University's executive development program.

Kevin Tully

Mr. Kevin Tully is Director of the Company. Mr. Tully earned an MBA from the University at Albany and a Bachelor of Business Administration from Siena College. He is a member of the Board of Directors of the Fast Break Fund, Inc. and of Living Resources Corporation. He served as a former Board Member of the Saratoga Children’s Museum and is a Member of the Albany Rotary Club. Professionally, Mr. Tully is affiliated with the American Institute of Certified Public Accountants (AICPA), the New York State Society of Certified Public Accountants (NYSSCPA), the Saratoga Chamber of Commerce, the Saratoga Economic Development Corporation and the Capital Region Building Owners and Managers Association.

Thomas Tyrrell

Mr. Thomas R. Tyrrell is Director of the Company. Mr. Tyrrell, He has served, since 2014, as Vice President of Rose & Kiernan, Inc., a general insurance agency in the North East. He was formerly Albany Area Chairman of Arthur J. Gallagher & Co., a company specializing in providing contract surety and property and casualty insurance and risk management products and services to the construction industry with particular emphasis on the heavy highway, bridge and general building construction disciplines. Qualifications to serve on the Board include business management skills, sales experience, business ownership experience and service on several Boards in the Albany area in the non-profit arena. In order to rebalance the number of directors in each class of directors, Mr. Tyrrell is resigning his current two-year term, and is a nominee for election for the Term expiring in 2018. He graduated with a Bachelor of Arts from the College of Holy Cross.

Larry Becker

Mr. Larry H. Becker is Independent Director of Chemung Financial Corporation since May 18, 2011. He is Chief Operating Officer of Windsor Development Group, Inc., a regional full service real estate development company that specializes in the development, acquisition and management of supermarket-anchored properties. He has held this position since 1983. Prior to founding Windsor Development, Mr. Becker was a founding member of Teal, Becker & Chiaramonte CPAs, an accounting firm in the New York State Capital Region. Qualifications to serve on the Board include forty years of experience owning and managing various business entities in the Capital Region of New York State, experience in corporate finance and accounting, and his experience serving on the Board of Directors of Capital Bank & Trust Company. .

Bruce Boyea

Mr. Bruce W. Boyea is Independent Director of Chemung Financial Corporation since March 2011. He has served as Chairman, President and CEO of Security Mutual Life Insurance Company of New York, a life insurance company, since 1999. He is also Chairman of Security Administrators, Inc., a subsidiary of Security Mutual that provides pension administration services to small and medium-sized companies. Qualifications to serve on the Board include strategic planning skills, financial management experience, business management, sales and marketing expertise, corporate oversight and leadership skills, and over thirty years experience in the insurance industry.

Robert Dalrymple

Mr. Robert H. Dalrymple is Independent Director of Chemung Financial Corporation since 1995. Since 1994, he has been Secretary and Vice President of Dalrymple Holding Corporation, the parent company for several construction materials and highway construction companies. Mr. Dalrymple is the brother of David J. Dalrymple, also a director of the Company. Qualifications to serve on the Board include experience in all aspects of business ownership, strategic planning skills and financial management experience.

Clover Drinkwater

Ms. Clover M. Drinkwater is Independent Director of Chemung Financial Corporation since January 2005. She has been a Partner in the law firm of Sayles & Evans since 1986. Qualifications to serve on the Board include strong leadership skills, expertise in tax and legal matters and thirty years of legal experience in trust and estate administration.

Stephen Lounsberry

Mr. Stephen E. Lounsberry III is Independent Director of Chemung Financial Corporation since 1995. He is President of Applied Technology Manufacturing, a manufacturer of machined industrial and railroad component parts, a position he has held since 1981. Qualifications to serve on the Board include experience in management, marketing, sales, operations, and strategic planning. He was also a commercial bank internal auditor and vice president of a community bank, through which he gained experience and knowledge of all aspects of banking.

John Potter

Mr. John F. Potter is Independent Director of Chemung Financial Corporation since 1991. He has been President of Seneca Beverage Corporation, a wholesale distributor of beer and water products since 1968. Qualifications to serve on the Board include experience in all aspects of business ownership, business planning, entrepreneurial experience, management experience, sales and marketing, and customer relations skills.

Richard Swan

Mr. Richard W. Swan is Independent Director of Chemung Financial Corporation since 1984. He has served as Chairman of the Board of Swan & Sons-Morss Co., Inc., an insurance brokerage agency, since 2007 and was formerly President of Swan & Sons-Morss Co., Inc. from 1983 until 2007. Qualifications to serve on the Board include business management skills, sales experience and all aspects of business ownership.

Kathy McKillip