Chemung Financial Management
Management criteria checks 4/4
Chemung Financial's CEO is Anders Tomson, appointed in Jan 2015, has a tenure of 11.42 years. total yearly compensation is $1.42M, comprised of 50.8% salary and 49.2% bonuses, including company stock and options. directly owns 1.33% of the company’s shares, worth $4.63M. The average tenure of the management team and the board of directors is 8.4 years and 10.9 years respectively.
Key information
Anders Tomson
Chief executive officer
US$1.4m
Total compensation
| CEO salary percentage | 50.83% |
| CEO tenure | 11.4yrs |
| CEO ownership | 1.3% |
| Management average tenure | 8.4yrs |
| Board average tenure | 10.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | US$18m |
| Dec 31 2025 | US$1m | US$720k | US$15m |
| Sep 30 2025 | n/a | n/a | US$13m |
| Jun 30 2025 | n/a | n/a | US$11m |
| Mar 31 2025 | n/a | n/a | US$23m |
| Dec 31 2024 | US$1m | US$710k | US$24m |
| Sep 30 2024 | n/a | n/a | US$21m |
| Jun 30 2024 | n/a | n/a | US$23m |
| Mar 31 2024 | n/a | n/a | US$25m |
| Dec 31 2023 | US$1m | US$655k | US$25m |
| Sep 30 2023 | n/a | n/a | US$29m |
| Jun 30 2023 | n/a | n/a | US$27m |
| Mar 31 2023 | n/a | n/a | US$29m |
| Dec 31 2022 | US$1m | US$600k | US$29m |
| Sep 30 2022 | n/a | n/a | US$28m |
| Jun 30 2022 | n/a | n/a | US$28m |
| Mar 31 2022 | n/a | n/a | US$27m |
| Dec 31 2021 | US$1m | US$518k | US$26m |
| Sep 30 2021 | n/a | n/a | US$25m |
| Jun 30 2021 | n/a | n/a | US$24m |
| Mar 31 2021 | n/a | n/a | US$23m |
| Dec 31 2020 | US$914k | US$480k | US$19m |
| Sep 30 2020 | n/a | n/a | US$18m |
| Jun 30 2020 | n/a | n/a | US$14m |
| Mar 31 2020 | n/a | n/a | US$14m |
| Dec 31 2019 | US$863k | US$460k | US$16m |
Compensation vs Market: Anders's total compensation ($USD1.42M) is below average for companies of similar size in the US market ($USD2.48M).
Compensation vs Earnings: Anders's compensation has been consistent with company performance over the past year.
CEO
Anders Tomson (59 yo)
Mr. Anders M. Tomson is President, CEO & Director of Chemung Financial Corporation and Chemung Canal Trust Company. He serves as Director of Federal Home Loan Bank of New York and The Cmnty Preservation Co...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 11.4yrs | US$1.42m | 1.33% $ 4.6m | |
| Executive VP | 2.9yrs | US$664.66k | 0.14% $ 502.7k | |
| Executive VP & Chief Credit Officer | 6.8yrs | US$531.51k | 0.15% $ 522.0k | |
| Executive VP | 5.4yrs | US$532.76k | 0.30% $ 1.1m | |
| Executive VP of the Bank & President of Capital Bank | 8.4yrs | US$526.56k | 0.21% $ 732.6k | |
| Vice President of Operations & Technology Division | no data | no data | no data | |
| Executive VP & Chief Information Officer | 9.1yrs | US$438.85k | 0.33% $ 1.2m | |
| Senior VP & Corporate Secretary | no data | no data | no data | |
| Vice President of Compliance | no data | no data | no data | |
| Senior VP & Director of Marketing | no data | no data | no data | |
| Senior Vice President of WMG Estate Administration | no data | no data | no data | |
| Executive Vice President of Retail Client | 10.4yrs | no data | 0.17% $ 591.8k |
Experienced Management: CHMG's management team is seasoned and experienced (8.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.5yrs | US$1.42m | 1.33% $ 4.6m | |
| Independent Director | 19.3yrs | US$68.41k | 0.98% $ 3.4m | |
| Independent Chairman of the Board | 33.4yrs | US$91.40k | 8.03% $ 28.1m | |
| Independent Director | 31.4yrs | US$71.60k | 5.12% $ 17.9m | |
| Independent Director | 31.4yrs | US$67.08k | 0.49% $ 1.7m | |
| Independent Director | 5.4yrs | US$63.53k | 0.053% $ 184.8k | |
| Independent Director | 8.3yrs | US$72.51k | 0.19% $ 651.5k | |
| Independent Director | 8.3yrs | US$62.03k | 0.14% $ 493.3k | |
| Independent Director | 12.3yrs | US$67.57k | 0.17% $ 583.7k | |
| Independent Director | 12.3yrs | US$68.59k | 0.59% $ 2.1m | |
| Independent Director | 5.8yrs | US$62.53k | 0.32% $ 1.1m | |
| Independent Director | 8.3yrs | US$61.53k | 0.69% $ 2.4m |
Experienced Board: CHMG's board of directors are seasoned and experienced ( 10.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/16 16:33 |
| End of Day Share Price | 2026/06/15 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Chemung Financial Corporation is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Bishop | D.A. Davidson & Co. |
| David Konrad | Keefe, Bruyette, & Woods |