Orange County Bancorp extends CEO Gilfeather's employment term to March 2028; amends SERP performance goals

Orange County Bancorp, Inc. /DE/

CEO Michael Gilfeather's employment term extended to March 31, 2028; auto-renews to March 2029 unless notice given.
SERP performance target for contributions raised from $1B to $2.5B in total assets.
SERP amendment removes 2026 sunset on contributions, allowing ongoing performance-based contributions.
Annual SERP performance-based contribution stays at $60,000, increasing to $260,000 for FY2023 onward.

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