Pathfinder Bancorp appoints Castle Creek's Anthony Scavuzzo to board

Pathfinder Bancorp, Inc.

Anthony R. Scavuzzo appointed to Board of Directors of Pathfinder Bancorp and Pathfinder Bank effective June 30, 2023.
Scavuzzo is a Managing Principal at Castle Creek Capital, a private equity firm focused on community banking.
Appointment made under May 2019 Securities Purchase Agreement, exercisable while Castle Creek owns at least 4.9% of PBHC common stock.
Castle Creek provided written notice to exercise its appointment right on June 22, 2023.
Scavuzzo eligible for standard director compensation; no committee assignment initially.

item 5.02

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Appointed

Anthony R. Scavuzzo

Director

PBHC · Pathfinder Bancorp, Inc.

Effective: 2023-06-30
Filed: June 30, 2023, 7:59 PM ET

On June 30, 2023, the Board of Directors of Pathfinder Bancorp, Inc. (the “Company”) appointed Anthony R. Scavuzzo to the Company’s Board of Directors effective immediately.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Anthony R. Scavuzzo was appointed as Director at Pathfinder Bancorp, Inc..

Action: appointed
Role: Director

Exact text from the filing

On June 30, 2023, the Board of Directors of Pathfinder Bancorp, Inc. (the “Company”) appointed Anthony R. Scavuzzo to the Company’s Board of Directors effective immediately.

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Source: SEC EDGAR

accession 0000943374-23-000296

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