{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-116940","form_type":"8-K","ticker":"CBU","cik":"0000723188","company_name":"COMMUNITY FINANCIAL SYSTEM, INC.","filed_at":"2024-11-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.912883+00:00","generated_at":"2026-05-30T02:27:24.062575+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"CFO Joseph E. Sutaris to retire in Q3 2025; successor search underway","bullets":["Joseph E. Sutaris notified retirement as EVP and CFO, effective around Q3 2025.","Decision is for personal reasons, not due to any disagreement with the Company or its auditors.","Sutaris will continue in his current role until a successor is appointed and through a transition period.","Company has initiated a process to identify a successor for the CFO position."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-116940","json":"https://secwatch.observer/filing/0001104659-24-116940.json","markdown":"https://secwatch.observer/filing/0001104659-24-116940.md","text":"https://secwatch.observer/filing/0001104659-24-116940.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/723188/000110465924116940/0001104659-24-116940-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/723188/000110465924116940/tm2428248d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T02:27:24.062575+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d7c2e08781","claim":"Joseph E. Sutaris departed as Executive Vice President and Chief Financial Officer at COMMUNITY FINANCIAL SYSTEM, INC..","evidence_excerpt":"On November 7, 2024, Joseph E. Sutaris notified Community Financial System, Inc. (the “Company”) of his intention to retire, effective in or around the third quarter of 2025, from his position as the Executive Vice President (“EVP”) and Chief Financial Officer of the Company","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/723188/000110465924116940/0001104659-24-116940-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retire"},{"label":"Role","value":"Executive Vice President and Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}