---
schema_version: "secwatch.filing_event.v1"
accession: "0000717538-23-000154"
form_type: "8-K"
ticker: "AROW"
cik: "0000717538"
company_name: "ARROW FINANCIAL CORP"
filed_at: "2023-07-31T23:59:59+00:00"
generated_at: "2026-06-12T22:29:27.715939+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Arrow Financial appoints CEO David DeMarco to board; annual meeting set for Oct 25

## Summary
- Board reduced from 11 to 10 directors and appointed CEO David S. DeMarco as Class B director effective July 26, 2023.
- DeMarco, who became CEO in May 2023, will not join any board committee and receives no extra director compensation.
- 2023 annual meeting scheduled for October 25, 2023; record date is August 29, 2023.
- Shareholder proposals for proxy must be received by August 10, 2023.

## SEC filing metadata
- accession: 0000717538-23-000154
- form_type: 8-K
- ticker: AROW
- cik: 0000717538
- company_name: ARROW FINANCIAL CORP
- filed_at: 2023-07-31T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/717538/000071753823000154/0000717538-23-000154-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/717538/000071753823000154/arow-20230726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000717538-23-000154
- JSON: https://secwatch.observer/filing/0000717538-23-000154.json
- Plain text: https://secwatch.observer/filing/0000717538-23-000154.txt

## Key facts
- Executive change
  David S. DeMarco was appointed as Director at ARROW FINANCIAL CORP.
  - Action: appointed
  - Role: Director
  source text: appointed our President and Chief Executive Officer, David S. DeMarco, to serve as a Class B member of the Board effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/717538/000071753823000154/0000717538-23-000154-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.