Community Bank System ( (CBU) ) has issued an announcement.
On March 11, 2025, Community Financial System, Inc. announced the appointment of Marya Burgio Wlos as Executive Vice President and Chief Financial Officer, effective March 31, 2025. She will succeed Joseph E. Sutaris, who will retire on July 1, 2025, after assisting with the transition. Ms. Wlos brings extensive financial experience from her previous roles at M&T Bank, UBS AG, Citadel LLC, and Bank of America. Her appointment is expected to play a critical role in executing the company’s strategic plan, with her compensation package including an annual base salary, incentive compensation, and equity awards. The transition marks a significant leadership change for the company, with implications for its strategic direction and operations.
More about Community Bank System
Community Financial System, Inc. is a diversified financial services company focusing on banking, employee benefit services, insurance services, and wealth management services. Its banking subsidiary, Community Bank, N.A., is among the 100 largest banking institutions in the U.S. with over $16 billion in assets, operating approximately 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont, and Western Massachusetts. The company is listed on the New York Stock Exchange under the symbol CBU.
YTD Price Performance: -7.27%
Average Trading Volume: 229,022
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $2.99B
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