Community Financial System appoints Deresa Durkee as SVP and Chief Accounting Officer

COMMUNITY FINANCIAL SYSTEM, INC.

Deresa Durkee, age 55, promoted from SVP and Corporate Controller to SVP and Chief Accounting Officer effective Sept 30, 2024.
She joined the company in 2015 via the Oneida Financial acquisition, where she was SVP and CFO.
Durkee entered into a Change of Control Agreement dated Jan 1, 2024, providing 18 months base salary plus incentive if terminated within one year after a change of control.
Change of Control Agreement includes immediate vesting of restricted stock and accelerated option exercisability upon qualifying termination.
Durkee is a certified public accountant with a B.S. in Accounting from LeMoyne College.

item 5.02 item 9.01 item 7.01

Executive movements

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

Appointed

Deresa F. Durkee

Senior Vice President and Chief Accounting Officer

CBU · COMMUNITY FINANCIAL SYSTEM, INC.

Effective: 2024-09-30
Filed: September 30, 2024, 7:59 PM ET

On September 30, 2024, Community Financial System, Inc. (the “Company”) and its wholly owned banking subsidiary, Community Bank, N.A. (the “Bank”), appointed Deresa F. Durkee as Senior Vice President (“SVP”) and Chief Accounting Officer, effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Deresa F. Durkee was appointed as Senior Vice President and Chief Accounting Officer at COMMUNITY FINANCIAL SYSTEM, INC..

Action: appointed
Role: Senior Vice President and Chief Accounting Officer

Exact text from the filing

On September 30, 2024, Community Financial System, Inc. (the “Company”) and its wholly owned banking subsidiary, Community Bank, N.A. (the “Bank”), appointed Deresa F. Durkee as Senior Vice President (“SVP”) and Chief Accounting Officer, effective immediately.

View on SEC.gov

COMMUNITY FINANCIAL SYSTEM, INC. filing history →

Source: SEC EDGAR

accession 0001104659-24-103952

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.