COMMUNITY FINANCIAL SYSTEM INC (CBU)
Sector: Financials
| Ticker | Position | Age | Qualifications and Experience | Committee Memberships | Filing Year |
|---|---|---|---|---|---|
Sector: Financials
| Ticker | Position | Age | Qualifications and Experience | Committee Memberships | Filing Year |
|---|---|---|---|---|---|
Director information for CBU
| Ticker | Position | Age | Qualifications and Experience | Committee Memberships | Filing Year |
|---|---|---|---|---|---|
| CBU | President and Chief Executive Officer | 44 | ["President and Chief Executive Officer of the Company and the Bank", "Executive Vice President of Financial Services and Corporate Development", "Executive Vice President and Chief Operating Officer", "Managing Director in Lazard\u2019s Financial Institutions Group", "Experience as an investment banker for banks and financial institutions", "MBA degree from The Ohio State University Max M. Fisher College of Business", "Graduate of the American Bankers Association\u2019s Stonier Graduate School of Banking"] | [] | 2026 |
Biography sourced from the proxy statement filing.
Dimitar A. Karaivanov is the President and Chief Executive Officer ( CEO ) of the Company and the Bank since January 1, 2024. Mr. Karaivanov joined the Company in June 2021 and served as its Executive Vice President of Financial Services and Corporate Development and was responsible for the business and financial performance of three of the Company s four business lines employee benefit services, insurance services, and wealth management services. In October 2022, he was appointed Executive Vice President and Chief Operating Officer ( COO ), adding the Company s banking business to his responsibilities. He has gained a full understanding of all areas of the Company s operations through his service as the Company s Executive Vice President of Financial Services and Corporate Development and COO. Prior to joining the Company, Mr. Karaivanov served as Managing Director in Lazard s Financial Institutions Group from June 2018 through June 2021, and has extensive experience as an investment banker for banks, other financial institutions, and fintech companies at a number of leading financial services firms. Mr. Karaivanov holds an MBA degree from The Ohio State University Max M. Fisher College of Business. He is also a graduate of the American Bankers Association s Stonier Graduate School of Banking. Mr. Karaivanov was appointed to the Board on January 1, 2024 in connection with his promotion to President and CEO. The Board believes that the President and CEO should be a member of the Board in order to provide the Board with insights on all aspects of the Company s challenges, opportunities, and operations. In addition to his insights as the CEO, he brings extensive financial and business experience as an investment banker and provides the Board with in depth finance and mergers and acquisitions expertise.