Gouverneur Bancorp names Stephen M. Jefferies President and CEO effective September 2, 2025

Gouverneur Bancorp, Inc./MD/

Stephen M. Jefferies appointed President, CEO, and director of the Company and Bank, effective Sept 2, 2025.
Charles C. Van Vleet, Jr. will retire as Interim President and CEO on Sept 2; will stay through Dec 31 for transition.
Jefferies previously President and CEO of Community Bank & Trust (2022-2025); nearly 40 years banking experience.
He will receive $250k base salary, 10,000 stock options, and 4,000 restricted shares, vesting over 5 years.
Jefferies also receives standard director compensation of $27,600 annual cash retainer.

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