---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-003702"
form_type: "8-K"
ticker: "CHMG"
cik: "0000763563"
company_name: "CHEMUNG FINANCIAL CORP"
filed_at: "2023-06-02T23:59:59+00:00"
generated_at: "2026-06-14T08:42:28.123008+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Chemung Financial appoints Dale McKim as CFO effective July 1, replacing retiring Karl Krebs

## Summary
- Dale M. McKim III appointed EVP, CFO and Treasurer of Chemung Financial and Chemung Canal Trust, effective July 1, 2023.
- He succeeds Karl F. Krebs, who retires June 30, 2023; McKim brings 25+ years of finance and risk management experience.
- McKim previously served as Chief Risk Officer of Evans Bank and Partner/Senior Manager at KPMG; is a CPA.
- He receives a change-in-control agreement with 2x severance and $100,000 restricted stock grant vesting over 5 years.
- Anders Tomson, CEO, stated McKim's leadership will have immediate positive impact on the organization.

## SEC filing metadata
- accession: 0001171843-23-003702
- form_type: 8-K
- ticker: CHMG
- cik: 0000763563
- company_name: CHEMUNG FINANCIAL CORP
- filed_at: 2023-06-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/763563/000117184323003702/0001171843-23-003702-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/763563/000117184323003702/f8k_060223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-003702
- JSON: https://secwatch.observer/filing/0001171843-23-003702.json
- Plain text: https://secwatch.observer/filing/0001171843-23-003702.txt

## Key facts
- Executive change
  Karl F. Krebs departed as Chief Financial Officer and Treasurer at CHEMUNG FINANCIAL CORP.
  - Action: will retire
  - Role: Chief Financial Officer and Treasurer
  source text: Mr. McKim succeeds Karl F. Krebs who will retire as Chief Financial Officer and Treasurer of the Corporation, and Executive Vice President, Chief Financial Officer and Treasurer of the Bank effective June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/763563/000117184323003702/0001171843-23-003702-index.htm
- Executive change
  Dale M. McKim III was appointed as Chief Financial Officer and Treasurer at CHEMUNG FINANCIAL CORP.
  - Action: appointed
  - Role: Chief Financial Officer and Treasurer
  source text: appointed Dale M. McKim III, age 48, Chief Financial Officer and Treasurer of the Corporation, and Executive Vice President, Chief Financial Officer and Treasurer of the Bank effective July 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/763563/000117184323003702/0001171843-23-003702-index.htm

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