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The latest announcement is out from Citizens Financial Services (CZFS).
Citizens Financial Services, Inc. has revised its retirement plan for its CEO, Randall E. Black, to calculate his benefits based on the highest average annual compensation over any three non-consecutive years within the last decade, rather than the average compensation during the three years before his departure. This amendment may significantly impact Black’s retirement package, reflecting a tailored approach to executive compensation.
For detailed information about CZFS stock, go to TipRanks’ Stock Analysis page.
