Community Bank System Management
Management criteria checks 4/4
Community Bank System's CEO is Dimitar Karaivanov, appointed in Jan 2024, has a tenure of less than a year. total yearly compensation is $1.33M, comprised of 40.8% salary and 59.2% bonuses, including company stock and options. directly owns 0.043% of the company’s shares, worth €951.60K. The average tenure of the management team and the board of directors is 2.1 years and 14.3 years respectively.
Key information
Dimitar Karaivanov
Chief executive officer
US$1.3m
Total compensation
CEO salary percentage | 40.8% |
CEO tenure | less than a year |
CEO ownership | 0.04% |
Management average tenure | 2.1yrs |
Board average tenure | 14.3yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Mar 31 2024 | n/a | n/a | US$167m |
Dec 31 2023 | US$1m | US$542k | US$131m |
Sep 30 2023 | n/a | n/a | US$150m |
Jun 30 2023 | n/a | n/a | US$155m |
Mar 31 2023 | n/a | n/a | US$146m |
Dec 31 2022 | US$1m | US$501k | US$188m |
Sep 30 2022 | n/a | n/a | US$179m |
Jun 30 2022 | n/a | n/a | US$175m |
Mar 31 2022 | n/a | n/a | US$183m |
Dec 31 2021 | US$2m | US$270k | US$189m |
Compensation vs Market: Dimitar's total compensation ($USD1.33M) is about average for companies of similar size in the German market ($USD1.63M).
Compensation vs Earnings: Dimitar's compensation has been consistent with company performance over the past year.
CEO
Dimitar Karaivanov (41 yo)
less than a year
Tenure
US$1,330,312
Compensation
Mr. Dimitar A. Karaivanov serves as President, CEO & Director at Community Bank System, Inc. & Community Bank, National Association since January 01, 2024. Prior to being appointed President & CEO, Mr. Kar...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | less than a year | US$1.33m | 0.043% $ 970.2k | |
Executive VP | 5.9yrs | US$1.13m | 0.036% $ 815.7k | |
Executive VP & Chief Human Resources Officer | 2.6yrs | US$848.44k | 0.011% $ 249.1k | |
Senior VP & Chief Banking Officer | 2.3yrs | US$842.81k | 0.023% $ 507.7k | |
Senior VP | 6.5yrs | no data | no data | |
Chief Compliance Officer | no data | no data | no data | |
Executive VP & General Counsel | 1.9yrs | no data | 0.013% $ 293.8k | |
Senior VP & Chief Risk Officer | 1.1yrs | no data | no data | |
President & CEO of Wealth Management Division | less than a year | no data | no data | |
Corporate Secretary & Associate General Counsel | no data | no data | no data | |
Corporate Controller | no data | no data | no data | |
Vice President of Finance & Director of Financial Planning and Analysis | no data | no data | no data |
2.1yrs
Average Tenure
55yo
Average Age
Experienced Management: CBY's management team is considered experienced (2.1 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | less than a year | US$1.33m | 0.043% $ 970.2k | |
Independent Chair of the Board | 8.4yrs | US$177.39k | 0.094% $ 2.1m | |
Lead Independent Director | 3.5yrs | US$139.39k | 0.00072% $ 16.2k | |
Director | 17.8yrs | US$2.52m | 0.35% $ 7.9m | |
Independent Director | 20.5yrs | US$135.14k | 0.14% $ 3.1m | |
Independent Director | 21.3yrs | US$136.26k | 0.075% $ 1.7m | |
Independent Director | 14.3yrs | US$147.39k | 0.24% $ 5.5m | |
Independent Director | 14.3yrs | US$147.64k | 0.020% $ 456.6k | |
Independent Director | 14.3yrs | US$141.76k | 0.13% $ 2.9m | |
Independent Director | 14.3yrs | US$149.07k | 0.011% $ 248.9k | |
Independent Director | 7yrs | US$144.39k | 0.035% $ 796.6k | |
Independent Director | 4.5yrs | US$145.20k | 0.0050% $ 113.9k |
14.3yrs
Average Tenure
62.5yo
Average Age
Experienced Board: CBY's board of directors are seasoned and experienced ( 14.3 years average tenure).