---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-027174"
form_type: "8-K"
ticker: "NBTB"
cik: "0000790359"
company_name: "NBT BANCORP INC"
filed_at: "2024-05-22T23:59:59+00:00"
generated_at: "2026-06-01T09:59:49.996765+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NBT Bancorp completes CEO succession; Kingsley named CEO, Watt named Vice Chairman

## Summary
- Scott Kingsley appointed President and CEO of NBT Bancorp and NBT Bank, succeeding John Watt.
- Joseph Stagliano promoted to President of NBT Bank; Annette Burns to EVP and CFO; Shauna Hyle to EVP Retail Community Banking.
- Kingsley employment agreement sets base salary at $800,000; Burns at $400,000; Stagliano at $530,000.
- John Watt receives transition salary of $440,000 through Jan 2025; life insurance benefit raised to $1M; SERP monthly benefit increased by $6,824.
- Shareholders approved 2024 Omnibus Incentive Plan, elected all director nominees, and ratified KPMG as auditor; Q2 dividend of $0.32 per share declared.

## SEC filing metadata
- accession: 0001140361-24-027174
- form_type: 8-K
- ticker: NBTB
- cik: 0000790359
- company_name: NBT BANCORP INC
- filed_at: 2024-05-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 5.07, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/790359/000114036124027174/0001140361-24-027174-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/790359/000114036124027174/ef20029560_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-027174
- JSON: https://secwatch.observer/filing/0001140361-24-027174.json
- Plain text: https://secwatch.observer/filing/0001140361-24-027174.txt

## Key facts
- Executive change
  Annette L. Burns was appointed as Executive Vice President and Chief Financial Officer at NBT BANCORP INC.
  - Action: appointed
  - Role: Executive Vice President and Chief Financial Officer
  source text: Ms. Burns’ previously disclosed appointment as Executive Vice President and Chief Financial Officer of the Company and the Bank
  evidence_url: https://www.sec.gov/Archives/edgar/data/790359/000114036124027174/0001140361-24-027174-index.htm
- Executive change
  Scott A. Kingsley was appointed as President and Chief Executive Officer at NBT BANCORP INC.
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: Kingsley’s previously disclosed appointment as President and Chief Executive Officer of the Company and as Chief Executive Officer of NBT Bank
  evidence_url: https://www.sec.gov/Archives/edgar/data/790359/000114036124027174/0001140361-24-027174-index.htm

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