Pathfinder Bancorp CEO Thomas W. Schneider resigns; James A. Dowd named Interim President and CEO

Pathfinder Bancorp, Inc.

Schneider stepped down as President, CEO and director on April 14, 2022, citing health issues and personal loss.
James A. Dowd, former EVP and COO, appointed Interim President and CEO effective immediately.
Schneider transitions to Director of Capital Markets and Corporate Strategy under a 2-year employment agreement at $360,000 annual salary plus $100,000 one-time bonus.
Dowd has 28 years with Pathfinder; as COO overseeing branch operations, deposits increased 73% over 5 years.
Company total assets grew from $216M in 1999 to $1.3B as of Dec 2021 under Schneider's leadership.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Thomas W. Schneider

Director of Capital Markets and Corporate Strategy

PBHC · Pathfinder Bancorp, Inc.

Effective: 2022-04-14
Successor: James A. Dowd
Filed: April 19, 2022, 7:59 PM ET

On April 14, 2022, Thomas W. Schneider resigned as President, Chief Executive Officer and director of Pathfinder Bancorp, Inc. (the “Company”) and its bank subsidiary, Pathfinder Bank (the “Bank”). Mr. Schneider will assume the new position of Director of Capital Markets and Corporate Strategy of the Company.

Role change (interim)

James A. Dowd

Interim President and Chief Executive Officer

PBHC · Pathfinder Bancorp, Inc.

Effective: 2022-04-14
Filed: April 19, 2022, 7:59 PM ET

On April 14, 2022, the Boards of Directors of the Company and the Bank appointed James A. Dowd as Interim President and Chief Executive Officer of the Company and the Bank.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Thomas W. Schneider resigned as Director of Capital Markets and Corporate Strategy at Pathfinder Bancorp, Inc..

Action: resigned
Role: Director of Capital Markets and Corporate Strategy

Exact text from the filing

On April 14, 2022, Thomas W. Schneider resigned as President, Chief Executive Officer and director of Pathfinder Bancorp, Inc. (the “Company”) and its bank subsidiary, Pathfinder Bank (the “Bank”). Mr. Schneider will assume the new position of Director of Capital Markets and Corporate Strategy of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

James A. Dowd was appointed as Interim President and Chief Executive Officer at Pathfinder Bancorp, Inc..

Action: appointed
Role: Interim President and Chief Executive Officer

Exact text from the filing

On April 14, 2022, the Boards of Directors of the Company and the Bank appointed James A. Dowd as Interim President and Chief Executive Officer of the Company and the Bank.

View on SEC.gov

Pathfinder Bancorp, Inc. filing history →

Source: SEC EDGAR

accession 0000943374-22-000151

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