Community Financial System Inc - Company Profile

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Community Financial System Inc: Executives

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

Executives

Eric E. Stickels

Chairman Executive Board Since: 2022 Age: 64

Mr. Eric E. Stickels has been the Chairman of the company since 2022. Previously, he served as a Director Oneida Financial and Oneida Savings Bank. Prior to this, served as an Executive Vice President and Chief Financial Officer of Oneida Savings Bank. He also served as the President and Chief Operating Officer of Oneida Savings Bank, and Executive Vice President, Secretary and Chief Financial Officer of Oneida Financial Corporation.

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Dimitar A. Karaivanov

Director; President; Chief Executive Officer Executive Board Since: 2024 Age: 44

Mr. Dimitar A. Karaivanov has been the President, Chief Executive Officer and Director of the company since January 2024. Prior to this, he served as the Chief Operating Officer and Executive Vice President of the company from October 2022 to 2023. Mr. Karaivanov served as the Executive Vice President of Financial Services and Corporate Development in the company. Previously, he served as the Managing Director at Lazard’s Financial Institutions Group.

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Marya Burgio Wlos

Executive Vice President; Chief Financial Officer Senior Management Since: 2025 Age: 48

Ms. Marya Burgio Wlos has been the Executive Vice President and Chief Financial Officer of the company since July 2025. Previously, she served as the Managing Director and Chief Operating Officer of the Investment Bank at M&T Bank. Prior to this, she held the position of Head of Management Accounting, Finance at M&T Bank, and served as the Head of Trading Relationship Management at UBS Asset Management. Ms. Wlos also held various finance roles at Citadel LLC and at Bank of America.

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Daniel L. Bailey

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

Mr. Daniel L. Bailey has been the Chief Risk Officer and Senior Vice President of CFSI since April 2023. Prior to this, he served as a consultant to financial organizations. 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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Aaron Friot

Senior Vice President; Chief Technology and Operations Officer Senior Management Since: 2022

Mr. Aaron Friot has been a Senior Vice President and Chief Technology and Operations Officer of the company since July 2022. Previously, he served as the Chief Technology Officer of the company. Prior to this, he served as a Vice President and Director of IT department of the company from 2011 to 2017. Mr. Aaron joined the company in 2003 and held various positions until he became the Manager of Technology Support and Security.

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