Community Bank System, Inc. Appoints Kerrie D. MacPherson as New Independent Director

November 20, 2019    Syracuse, NY  —  Community Bank System, Inc. (NYSE: CBU) today announced that its Board of Directors has appointed Kerrie D. MacPherson, FCPA, FCA, as a new independent director. Ms. MacPherson previously served as a senior partner of Ernst & Young, LLP (“EY”) where she started as an auditor and served in leadership roles in transaction advisory services in EY’s New York office, working with clients across a broad array of industries over 32 years and developing extensive experience in the financial services sector.

Ms. MacPherson’s appointment expands the Company’s Board to 12 Directors, 11 of whom are independent. Ms. MacPherson was also appointed to the Board of Directors of Community Bank, N.A., the Company’s wholly-owned banking subsidiary. The Board has determined that Ms. MacPherson is a qualified financial expert and will serve on the Board’s Audit and Compliance Committee and the Risk Committee.

“We are pleased to welcome Kerrie MacPherson as a new independent director to the Board of Directors of Community Bank System, Inc. and Community Bank, N.A.,” said Sally A. Steele, Chair of the Board of Directors. “Kerrie’s expertise in audit, banking, financial advisory services, sales, marketing, and mergers and acquisitions will be an asset to the Board and we are confident that she will provide a valuable perspective to our discussions. Her appointment reflects a thoughtful and deliberate process to refresh our Board as we seek to ensure that we have an appropriate level of expertise, background, and perspective to provide effective governance oversight of the Company and its subsidiaries.”

Mark Tryniski, President and Chief Executive Officer, stated “We’re thrilled to be adding Kerrie to our Board of Directors. She brings tremendous financial industry experience to our boardroom and, together with her transaction expertise, will be of great value to our efforts to continue delivering exceptional returns to our shareholders.”

Ms. MacPherson joined EY in 1986 as an auditor in their Toronto office and first moved to their New York office in 1992 where she worked on a national financial services team focused on regulatory developments. Over her career, she served in various leadership roles in mergers and acquisitions, advisory services, and marketing where she developed extensive experience with banking and financial advisory services. In 2002, she joined the Americas Financial Services Office of EY where she focused on due diligence and post-merger integration services in the financial services sector. Her advisory role continued with evolving leadership and oversight roles, and she served as Global Client Service Partner to several of the firm’s largest global accounts including clients in the financial services sector, until her retirement from EY in 2018. In 2017, Ms. MacPherson was selected as a Fellow of the Chartered Professional Accountants of Ontario, the highest distinction conferred by the organization. She also received Consulting Magazine’s Women in Leaders in Consulting, 2015 Excellence in Leadership Award, and the National Association for Female Executives’ 2014 Corporate Women’s Champion Award.

Ms. MacPherson serves on the Board of Directors of New York City Harvest, a non-profit focused on feeding the hungry in New York City. She also serves as Co-Chair of City Harvest’s Governance Committee and as a member of its Executive Committee and formerly chaired the Audit Committee. She is a graduate of the University of Toronto with a Bachelors of Commerce (Honours) and Master of Business Administration (Rotman School), and currently serves on the Dean’s Advisory Board and Global Advancement Board for the Rotman School.

About Community Bank System, Inc.

Community Bank System, Inc. operates over 230 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont, and Western Massachusetts through its banking subsidiary, Community Bank, N.A. With assets of approximately $11.5 billion, the DeWitt, N.Y. headquartered company is among the country’s 150 largest financial institutions. In addition to a full range of retail, business, and municipal banking services, the Company offers comprehensive financial planning, insurance and wealth management services through its Community Bank Wealth Management Group and OneGroup NY, Inc. operating subsidiaries. The Company’s Benefit Plans Administrative Services, Inc. subsidiary is a leading provider of employee benefits administration, trust services, collective investment fund administration and actuarial consulting services to customers on a national scale. Community Bank System, Inc. is listed on the New York Stock Exchange and the Company’s stock trades under the symbol CBU.

 

United Bankers Names New CEO

August 14, 2019 Bloomington, MN Dwight R. Larsen, with more than 30-plus years of experience in bank management, regulatory affairs and education, will become the new CEO and President of United Bankers’ Bank (UBB) and its holding company, United Bankers’ Bancorporation, Inc. (UBBI), according to an announcement by the bank’s Board of Directors.

“Dwight is an outstanding fit for UBB’s culture of product excellence and customer service – not only for the UBB we see today but also for where we believe the bank must go to meet the challenges of tomorrow,” said Bryan Grove, Chairman of the UBB Board and President of American State Bank in Grygla, Minn. “He has built his career on the highest levels of integrity, an openness to new ideas and opportunity for others, and outstanding communication skills.”

Larsen, 56, will be the third president to take the helm at UBB since it was founded in 1975 as the nation’s first bankers’ bank providing correspondent services exclusively to independent community banks. The appointment culminates an extensive national search to replace William Rosacker, who retired in April after leading UBB for 34 years.

“This is an incredible honor and exciting opportunity for me to lead the finest correspondent banking team in the nation,” Larsen said. “Right from its inception as America’s first bankers’ bank, UBB has led the way with so many product, service and technology innovations. Not only do I intend to continue that tradition,” Larsen said, “my goal is to take UBB even further and become the nation’s premier bankers’ bank.”

Larsen is already a familiar name and face to many in the banking community.
He held several positions at UBB from 2000 to 2016, including roles overseeing compliance services, trust services, HR consulting services and the stock valuation services of BankValue Advisory Services. Under Larsen’s direction, BankValue expanded its bank stock valuations, market analysis, and merger and acquisition consulting service to customers throughout UBB’s 15-state market area. Dwight was also the chair of UBB’s Asset Liability Management and Enterprise Risk Management committees.

From 1986 to 2000, and again for the past two years, Larsen has served as a national bank examiner with the Office of the Comptroller of the Currency (OCC). There he built extensive knowledge in risk management and effective corporate governance, working with banks of every size and with every level of management and operations.

Students and faculty of the Graduate School of Banking at the University of Wisconsin – Madison also know Larsen as a faculty member since 1998. In addition to teaching, Larsen is a member of the Curriculum Advisory Committee and a former faculty representative to the Board of Trustees.

Larsen will dedicate his first 30 days on the job, which officially starts on Monday, Aug. 26, to “listening, listening and listening again,” he said, “including a series of meetings with staff and executive leadership at UBB, our Board of Directors, our customers and community bank leadership.

“I’m following a tremendous legacy in Bill Rosacker,” Larsen added. “He and an exceptional group of talented and dedicated people have made UBB what it is today. The bank is in excellent financial condition, offers a wide range of products and services, and serves customers across a broad swath of the U.S., stretching from the West Coast to the Great Lakes. I look forward to being part of the next great chapter in the success story of UBB and the community banks we serve,” he concluded.

Northwest Bank Names Head of Commercial Banking

August 7, 2019 Warren, PA — Mark T. Reitzes has been named Executive Vice President and Head of Commercial Banking for Northwest Bank, according to Ronald J. Seiffert, Northwest Chairman, President and CEO. In his new role, Mr. Reitzes will develop and execute Northwest’s commercial banking strategy, including a comprehensive and consistent sales delivery model across the bank’s footprint, as well as new commercial products and services.

During his 36-year career, Mr. Reitzes has gained extensive knowledge and experience serving in various roles in commercial and retail banking, including Commercial Banking Division Head and, subsequently, Regional President, for Huntington National Bank’s Southern Ohio/Kentucky Region. Mr. Reitzes also served as President and CEO of Cheviot Savings Bank, a $575 million community bank in Cincinnati. His background also includes supervisory regulatory experience with The Office of Thrift Supervision (OTS) and with the Cincinnati office of KPMG as a CPA in the Financial Institutions practice.

Mr. Reitzes has also provided expert testimony before the United States Congressional House Banking Committee and was recognized as an EY Leading Financial Executive, Cincinnati Magazine’s Power 100 and Cincinnati Magazine’s Leading Influencer of Greater Cincinnati.

In making the announcement, Mr. Seiffert said, “Mr. Reitzes is an experienced banker with an extensive commercial background. He will add a tremendous amount of value to our organization and is uniquely qualified to lead our Commercial Banking efforts as we continue to profitably grow and expand.”

Mr. Reitzes is a graduate of the University of Cincinnati and The Ohio State University Fisher College of Business Executive Leadership program. He is a member of the American Institute of CPAs and the Ohio Society of CPAs.

Northwest Bank operates 172 full-service offices and ten free-standing drive through locations. Founded in 1896, Northwest offers a complete line of personal and business banking products including employee benefits, investment management services, insurance and trust. Northwest Bancshares, Inc. is the holding company of Northwest and is listed on the NASDAQ Global Select Market as NWBI. More information about Northwest can be found online at www.northwest.com.

S&T Bank Names Marketing Leader

July 24, 2019 Indiana, PA S&T Bank (NASDAQ: STBA), a full-service financial institution with assets of $7.3 billion, and current operations in five markets including Western Pennsylvania, Central Pennsylvania, Northeast Ohio, Central Ohio, and Upstate New York, is pleased to welcome Dana Wysinger as Chief Marketing Officer (CMO).

“S&T Bank is charting a course for growth by making strategic investments in our talent and technology to provide best in class solutions and services to our communities and businesses that we serve. Prioritizing the customers’ needs and exceeding their expectations is paramount to our continuous growth strategy,” said Todd D. Brice, chief executive officer of S&T Bank. “We are excited to welcome Dana to our team and believe her diverse experience in marketing, data and analytics, and digital technology will play an integral role in transforming our business.”

Prior to joining S&T Bank, Dana held senior executive positions at several Fortune 100 & 500 companies including Target Financial Services, Wells Fargo, and most recently SunTrust Bank. She has directed strategic planning, marketing, and product management and development. Her responsibilities included driving consumer and business banking deposits, credit and lending acquisition, and retention efforts. She served in other marketing leadership roles with treasury and payments solutions, small business, and private wealth management. Dana specializes in creating product solutions that meet client’s needs, implementing financial technologies to improve the client experience, and development of digital strategies and sales effectiveness that deliver significant business results.
“Dana is a customer-centric focused marketer who leverages data and client insights to deliver an unparalleled client experience at every touchpoint of the customer lifecycle,” said Becky Stapleton, chief banking officer of S&T Bank. In her new role as chief marketing officer, Dana will be spearheading all marketing, brand and demand generation, digital strategy, and product management. Dana will work closely alongside S&T Bank’s market presidents and lines of business to develop and execute market-based strategies to enhance the customer experience across all distribution channel platforms.

“S&T Bank is a relationship bank that excels in serving customers, the community, employees, and its shareholders,” said Dana Wysinger. “I look forward to bringing the bank a solid 25-year track record delivering business growth through results-driven and customer-first marketing initiatives.”
Dana graduated with a bachelor’s degree in mass communication from the University of California, Berkeley. She received executive education in advanced strategies in digital marketing and analytics from Wharton Business School and in organizational leadership from Harvard Business School. Outside of work, Dana actively participates in numerous professional and charitable organizations including Junior Achievement, United Way, and the United States Chamber of Commerce.

About S&T Bancorp, Inc. and S&T Bank
S&T Bancorp, Inc. is a $7.3 billion bank holding company that is headquartered in Indiana, Pennsylvania and trades on the NASDAQ Global Select Market under the symbol STBA. Its principal subsidiary, S&T Bank, was recently named by Forbes as a 2019 World’s Best Bank and a 2018 Best-in-State Bank. Established in 1902, S&T Bank operates in five markets including Western Pennsylvania, Central Pennsylvania, Northeast Ohio, Central Ohio, and Upstate New York. www.stbank.com

Retraining Workers

KYW Career News Report, May 26, 2019

KAPLAN PARTNERS COMMEMORATES 25TH ANNIVERSARY

Wynnewood, PA – March 8, 2019 – Kaplan Partners, a leading boutique executive search and talent advisory firm, today announced its 25th anniversary serving many of the nation’s leading financial institutions.

Specializing in executive search, board advisory services and management assessment, Alan J. Kaplan, Kaplan Partners founder and CEO, launched the firm in 1994, employing a holistic approach and proven methodology that finds the best solutions for evolving client leadership needs. Today, he and his team work directly with CEOs, boards, and investors to identify and evaluate leadership potential, leveraging best practices in corporate governance and succession management that ensure clients’ continued success in today’s demanding market.

“We are very proud of what we’ve accomplished over our first 25 years, and grateful to our clients, colleagues and friends who have enabled this journey,” said Kaplan. “Looking ahead, we are committed to setting a new standard for advising CEOs and boards on leadership succession, corporate governance, talent management, and enhancing diversity.”

Since its beginnings, the firm has served leading regional and community banks, asset management firms, private equity and venture capital funds, FinTech firms, mortgage and insurance companies, credit unions, technology companies, and high growth organizations.

<Visit here to watch Kaplan Partner’s 25th Anniversary Video message: http://kaplanpartners.com/>

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Afilias Promotes Ram Mohan to COO

Horsham, PA – March 6th, 2019 – Afilias, the world’s second largest domain name registry, today announced that it has promoted Ram Mohan to the newly created position of Chief Operating Officer, responsible for most of the day-to-day operations of Afilias and its global subsidiaries. Mr. Mohan will continue to report to Afilias’ President and CEO, Hal Lubsen; most all of Mr. Lubsen’s previous direct reports will now report to Mr. Mohan. Mr. Mohan’s appointment recognizes the pivotal role he has played in the development of Afilias and paves the way for continued growth for the company.

“Ram’s thorough understanding of our industry and the Company, coupled with his excellent record of getting things done, will help lead the company going forward” said Mr. Lubsen. “Ram has played a leadership role in all of Afilias’ major successes, and the Board and I have the utmost confidence in his ability to continue building on this strong foundation.” Mr. Lubsen will continue to be responsible for and oversee finance, mergers and acquisitions and most legal matters.

Mr. Mohan joined Afilias in June, 2001 as Chief Technology Officer to oversee the start-up of Afilias and the launch of its inaugural product, .info. He was involved with the creation of the historic partnership with ISOC in 2002 and the founding of Public Interest Registry as the steward of .ORG. He was appointed Executive Vice President in 2008. His leadership has helped Afilias earn the confidence of the operators of over 180 top level domains (including 14 country codes), and the successful management of over 20 TLDs owned by Afilias. For over a decade, Mr. Mohan served as an ICANN Board member representing SSAC, sharing his expertise in cybersecurity. Mr. Mohan is also a global leader in IDN technology and has helped bring native language domain names to India, Asia and the Middle East.

Mr. Mohan will begin his new responsibilities on March 6th, 2019. He will initially be responsible for his former CTO responsibilities.

About Afilias
Afilias is the world’s second largest domain registry, with over 20 million domain names under management in over 200 top level domains. Afilias powers a wide variety of top-level domains, including TLDs for countries, cities, brands, communities and generic terms. Afilias’ specialized technology makes Internet addresses more accessible and useful through a broad range of applications, including Internet domain registry services, managed DNS, and mobile Web services. Afilias, Inc. is based near Philadelphia – offices are also located in Dublin Ireland, Toronto Canada, New Delhi India, Melbourne Australia, Vista California, and Beijing China. Afilias holds a Guinness World Records title for the “Largest migration of an internet top-level domain in a single transition” for its migration of the .au top-level domain in 2018. For more information on Afilias services please visit www.afilias.info.

Bob Brown Joins Kaplan Partners

Kaplan Partners is pleased to announce that Robert L. “Bob” Brown has joined the firm, after a 39 year career with PricewaterhouseCoopers (PwC), including 28 as a Partner. During his career with PwC, Bob provided the vision and leadership for, and directly managed, board-level client solutions across a range of industries. With Kaplan Partners, Bob will lend his expertise to the firm’s Board Advisory Services, as well as the CEO and Financial Officers Search Practice areas.

Bob was recently elected to the Board of Directors of County Savings Bank in Essington, PA. He also serves as Vice Chair of the Board of Trustees of Lehigh University, and as a board member of the Philadelphia Zoo. In addition, Bob was recently recognized by the National Association of Corporate Directors (NACD) as a Governance Fellow, the highest standard of credentialing for directors and governance professionals. NACD Fellowship includes a comprehensive and continuous program of study that empowers Fellows with the latest insights, intelligence, and leading boardroom practices. He is an active member of NACD Philadelphia.

Bob earned his Bachelor of Science degree in Accounting from Lehigh University.

Millennial Benefits


KYW Career News Reports, April 29, 2018

Synovos Adds Veteran IT Leader

Synovos, the Radnor, PA based leader in the supply chain and asset services sector, has announced that Dave Kaufman has joined the company as Chief Information Officer. In his new role, Dave will be responsible for all IT services including IT Infrastructure, Business Processes & Integration, Network Administration, Technical Training and Application Support. Dave is a highly strategic and hands-on technology leader with 30 plus years of business experience.

Dave’s experience spans pharmaceutical global supply chain, B2B professional services, consumer packaged goods, finance and retail. Prior to accepting this position, Dave served as VP Global Supply Chain and QIT for Schering-Plough, and Chief Information Officer for Aramark. Most recently, he ran a consulting firm, FIN Strategy Advisers. Dave graduated from New York University with a degree in Computer Science.

Dave brings significant experience working with Big Data (petabyte size), Predictive Analytics, and Data Warehousing. He also has deep eCommerce development experience across both Schering Plough and Aramark. This experience will help guide Synovos in meeting departmental and organizational goals and objectives.

Synovos is a thirty-year old provider of technology-driven, comprehensive supply chain and asset services. The company’s solutions drive increased productivity, profitability and global competitiveness for clients.