---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-022380"
form_type: "8-K"
ticker: "CBU"
cik: "0000723188"
company_name: "COMMUNITY FINANCIAL SYSTEM, INC."
filed_at: "2025-03-11T23:59:59+00:00"
generated_at: "2026-05-25T00:22:44.796990+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Community Financial System appoints Marya Burgio Wlos as EVP and CFO, effective March 31, 2025

## Summary
- Marya Burgio Wlos appointed EVP & CFO effective March 31, 2025; Joseph Sutaris to retire but will stay through July 1 for transition.
- Ms. Wlos previously served as Managing Director & COO Investment Bank at M&T Bank since January 2021.
- Annual base salary of $500,000; initial restricted stock award of $121,100 vesting over three years.
- Eligible for annual incentive under the 2025 Management Incentive Plan and equity award in 2026 under LTIP.
- Participates in Executive Severance Plan with change-in-control severance provisions.

## SEC filing metadata
- accession: 0001104659-25-022380
- form_type: 8-K
- ticker: CBU
- cik: 0000723188
- company_name: COMMUNITY FINANCIAL SYSTEM, INC.
- filed_at: 2025-03-11T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/723188/000110465925022380/0001104659-25-022380-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/723188/000110465925022380/tm258776d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-022380
- JSON: https://secwatch.observer/filing/0001104659-25-022380.json
- Plain text: https://secwatch.observer/filing/0001104659-25-022380.txt

## Key facts
- Executive change
  Joseph E. Sutaris departed as Executive Vice President and Chief Financial Officer at COMMUNITY FINANCIAL SYSTEM, INC..
  - Action: retiring
  - Role: Executive Vice President and Chief Financial Officer
  source text: Joseph E. Sutaris, who previously notified the Company and the Bank of his intent to retire as Executive Vice President and Chief Financial Officer, will remain with the Company and the Bank through July 1, 2025
  evidence_url: https://www.sec.gov/Archives/edgar/data/723188/000110465925022380/0001104659-25-022380-index.htm
- Executive change
  Marya Burgio Wlos was appointed as Executive Vice President and Chief Financial Officer at COMMUNITY FINANCIAL SYSTEM, INC..
  - Action: appointed
  - Role: Executive Vice President and Chief Financial Officer
  source text: announced the appointment of Marya Burgio Wlos as Executive Vice President and Chief Financial Officer of the Company and the Bank, effective as of March 31, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/723188/000110465925022380/0001104659-25-022380-index.htm

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