secwatch.observer — SEC 8-K summary
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Issuer:     CHEMUNG FINANCIAL CORP (CHMG)
CIK:        0000763563
Form:       8-K
Filed at:   2023-06-02T23:59:59+00:00
Accession:  0001171843-23-003702
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/763563/000117184323003702/0001171843-23-003702-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/763563/000117184323003702/f8k_060223.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-003702

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