Community Bank System Inc - Company Profile

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Community Bank System Inc: Executives

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The following section provides information on Community Bank System Inc’s senior management, executives, CEO and key decision makers and their roles in the organization. For more insight into Community Bank System Inc's management and employees, unlock the full data with our company analytics monitoring tool.

Executives

Dimitar Karaivanov

President; Chief Executive Officer; Director Executive Board Since: 2024

Mr. Dimitar Karaivanov has been the President and Chief Executive Officer and Director of the company since January 2024. Prior to this, he served as a Chief Operating Officer and Executive Vice President of the company from October 2022 to 2023. Mr. Karaivanov served as Executive Vice President of Financial Services and Corporate Development in the company.

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Eric E. Stickels

Chairperson Executive Board Since: 2022 Age: 61

Mr. Eric E. Stickels has been the Chairperson of the bank since 2022. He has over 35 years of experience in the banking industry and held several leadership, operational and financial positions with Oneida Savings Bank and its bank holding company, Oneida Financial. He also served as a Director of Oneida Financial and Oneida Savings Bank.

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Joseph E. Sutaris

Executive Vice President; Chief Financial Officer Senior Management Since: 2018 Age: 55

Mr. Joseph E. Sutaris has been an Executive Vice President and Chief Financial Officer of the company since 2018. Prior to this, he served as the bank’s Senior Vice President for Finance and Accounting from 2017 to 2018. Previously, he worked as the Director of Municipal Banking from 2016 to 2017 and Senior Vice President of the central region of the company from 2011 to 2016. Mr. Sutaris joined the company in 2011 as part of the acquisition of Wilber National Bank, where he served as an Executive Vice President, Chief Financial Officer, Treasurer and Secretary of Wilber National Bank.

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Daniel L. Bailey

Chief Risk Officer; Senior Vice President Senior Management Since: 2023

Mr. Daniel L. Bailey has been the Chief Risk Officer and Senior Vice President of CBSI since April 2023. Prior to this, he served as a consultant to financial organisations. Previously, he worked as the Assistant Deputy Comptroller for Community Bank Supervision at New York Field Office. Prior to this, he served as the Director of Commercial Credit Policy in Washington, D.C. Earlier, he worked as the Vice President for Portfolio Management for KeyCorp Leasing.

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Joseph J. Lemchak

Chief Investment Officer; Senior Vice President Senior Management

Mr. Joseph J. Lemchak is the Chief Investment Officer and Senior Vice President of the company. Prior to this, he served as the Chief Financial Officer and Assistant Vice President at Horizon Bank, a wholly owned subsidiary of the company. Earlier, he served as a Commercial Lender at Chittenden Trust Company from 1989 to 1990. Mr. Lemcheck also served at Security Norstar Bank from 1984 to 1989.

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