secwatch.observer — SEC 8-K summary
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Issuer:     Generations Bancorp NY, Inc. (GBNY)
CIK:        0001823365
Form:       8-K
Filed at:   2023-12-21T23:59:59+00:00
Accession:  0000943374-23-000494
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Generations Bancorp promotes Angela Krezmer to President, CEO, CFO; salary raised to $250,000
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- Angela Krezmer promoted to President, CEO and CFO of Generations Bank and appointed to boards.
- Base salary increased to $250,000 per year under amended employment agreement effective Dec 18, 2023.
- Prior agreement replaced; other terms generally consistent with previous employment contract.
- Krezmer previously served as CFO; now assumes expanded executive roles.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1823365/000094337423000494/0000943374-23-000494-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1823365/000094337423000494/form8k.htm
  HTML page:      https://secwatch.observer/filing/0000943374-23-000494

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