---
schema_version: "secwatch.filing_event.v1"
accession: "0000943374-23-000334"
form_type: "8-K"
ticker: null
cik: "0001341318"
company_name: "LAKE SHORE BANCORP, INC."
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T12:17:17.044935+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Lake Shore Bancorp names Taylor Gilden CFO, Rachel Foley COO effective Aug 1

## Summary
- Taylor Gilden appointed CFO and Treasurer; joined Bank as Chief Strategy Officer in June 2023.
- Rachel Foley promoted to COO from CFO and Treasurer, a role she held since March 2006.
- Gilden previously SVP/Controller at FVCbank; Foley has been with Lake Shore since 1999.
- Both appointments effective August 1, 2023, per press release dated August 2.

## SEC filing metadata
- accession: 0000943374-23-000334
- form_type: 8-K
- cik: 0001341318
- company_name: LAKE SHORE BANCORP, INC.
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1341318/000094337423000334/0000943374-23-000334-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1341318/000094337423000334/form8k_080123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000943374-23-000334
- JSON: https://secwatch.observer/filing/0000943374-23-000334.json
- Plain text: https://secwatch.observer/filing/0000943374-23-000334.txt

## Key facts
- Executive change
  Taylor Gilden was appointed as Chief Financial Officer and Treasurer at LAKE SHORE BANCORP, INC..
  - Action: appointed
  - Role: Chief Financial Officer and Treasurer
  source text: On August 1, 2023, the boards of directors of Lake Shore Bancorp, Inc. (the "Company"), Lake Shore, MHC (the "MHC"), the mutual holding company parent of the Company and Lake Shore Savings Bank (the "Bank"), the wholly owned subsidiary of the Company, appointed Taylor Gilden as Chief Financial Officer and Treasurer and Rachel Foley as Chief Operating Officer of the Company, the MHC and the Bank.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1341318/000094337423000334/0000943374-23-000334-index.htm
- Executive change
  Rachel Foley was appointed as Chief Operating Officer at LAKE SHORE BANCORP, INC..
  - Action: appointed
  - Role: Chief Operating Officer
  source text: On August 1, 2023, the boards of directors of Lake Shore Bancorp, Inc. (the "Company"), Lake Shore, MHC (the "MHC"), the mutual holding company parent of the Company and Lake Shore Savings Bank (the "Bank"), the wholly owned subsidiary of the Company, appointed Taylor Gilden as Chief Financial Officer and Treasurer and Rachel Foley as Chief Operating Officer of the Company, the MHC and the Bank.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1341318/000094337423000334/0000943374-23-000334-index.htm

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