Community Bank System Announces Retirement of Board Member Susan E. Skerritt

Community Bank System, Inc. (NYSE: CBU) reported in a recent Form 8-K filing to the Securities and Exchange Commission that Susan E. Skerritt, a member of the Board of Directors, has decided not to stand for re-election at the company’s 2025 Annual Meeting of Shareholders. Skerritt’s retirement from the Board will take effect immediately following the 2025 Annual Meeting. The company clarified that Skerritt’s resignation was not due to any disagreements related to the company’s operations, policies, or practices.

According to the filing, the announcement of Skerritt’s retirement was made on February 13, 2025. The company expressed appreciation for Skerritt’s contributions during her time on the Board.

Community Bank System, Inc., based in DeWitt, New York, is a leading financial institution, trading on the New York Stock Exchange under the ticker symbol CBU. The company provides various banking services and operates through its banking subsidiaries.

For further updates on Community Bank System and related financial news, investors and stakeholders are encouraged to monitor the company’s announcements and filings with the Securities and Exchange Commission.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Community Bank System’s 8K filing here.

About Community Bank System

Community Bank System, Inc operates as the bank holding company for Community Bank, N.A. that provides various banking and other financial services to retail, commercial, institutional, and municipal customers. It operates through three segments: Banking, Employee Benefit Services, and All Other. The company offers various deposits products, such as interest and noninterest -bearing checking, savings, and money market deposit accounts, as well as time deposits.