Arrow Financial signs six-month consulting deal with former CCO Kaiser at $2,500/month

ARROW FINANCIAL CORP

Former SEVP & CCO David D. Kaiser retired June 30, 2025; entered six-month consulting agreement effective July 1, 2025.
Compensation: $2,500/month ($15,000 total) plus approved out-of-pocket expenses.
Term: July 1–Dec 31, 2025; either party may terminate with 30 days' notice without liability.
Services: oversee projects as directed by CEO; Kaiser is independent contractor, not employee.
Includes confidentiality, noncompete (NY depository institutions ≥$100M assets), and nonsolicitation covenants.

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