CFO Michael J. McDermott to retire May 31; Phillip Lekanides named interim CFO

Rhinebeck Bancorp, Inc.

CFO Michael J. McDermott will retire effective May 31, 2024.
Phillip Lekanides, current VP and Controller, named Interim Principal Financial and Accounting Officer effective June 1, 2024.
Lekanides will receive his normal salary plus a monthly stipend of $4,500 while serving in the interim role.
Lekanides has been with the bank since 2011, serving in VP Financial Planning and Analysis, AVP Finance, and other roles.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed (interim)

Michael J. McDermott

Chief Financial Officer

RBKB · Rhinebeck Bancorp, Inc.

Effective: 2024-05-31
Successor: Phillip Lekanides
Filed: April 19, 2024, 7:59 PM ET

On January 31, 2024, Rhinebeck Bancorp, Inc. (the “Company”), the holding company of Rhinebeck Bank, announced the retirement of Michael J. McDermott, Chief Financial Officer of the Company.

Appointed (interim)

Phillip Lekanides

Interim Principal Financial and Accounting Officer

RBKB · Rhinebeck Bancorp, Inc.

Effective: 2024-06-01
Filed: April 19, 2024, 7:59 PM ET

The current Vice President and Controller of the Company, Phillip Lekanides, has been named Interim Principal Financial and Accounting Officer effective June 1, 2024, and will manage the responsibilities of the principal financial and accounting officer in addition to his current responsibilities until a permanent replacement is named.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Michael J. McDermott retired as Chief Financial Officer at Rhinebeck Bancorp, Inc..

Action: retired
Role: Chief Financial Officer

Exact text from the filing

On January 31, 2024, Rhinebeck Bancorp, Inc. (the “Company”), the holding company of Rhinebeck Bank, announced the retirement of Michael J. McDermott, Chief Financial Officer of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Phillip Lekanides was appointed as Interim Principal Financial and Accounting Officer at Rhinebeck Bancorp, Inc..

Action: appointed
Role: Interim Principal Financial and Accounting Officer

Exact text from the filing

The current Vice President and Controller of the Company, Phillip Lekanides, has been named Interim Principal Financial and Accounting Officer effective June 1, 2024, and will manage the responsibilities of the principal financial and accounting officer in addition to his current responsibilities until a permanent replacement is named.

View on SEC.gov

Rhinebeck Bancorp, Inc. filing history →

Source: SEC EDGAR

accession 0001751783-24-000019

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