Community Bank System CEO Mark Tryniski's 2019 pay jumps 74% to $5.2M
Community Bank System reports 2019 executive compensation
By ExecPay News
Published: April 1, 2020
Community Bank System reported fiscal year 2019 executive compensation information on April 1, 2020.
In 2019, five executives at Community Bank System received on average a compensation package of $2.1M, a 64% increase compared to previous year.
Mark E. Tryniski, Chief Executive Officer, received $5.2M in total, which increased by 74% compared to 2018. 47% of Tryniski's compensation, or $2.4M, was of change in pension value and nonqualified deferred compensation earnings. Tryniski also received $721K in non-equity incentive plan, $280K in option awards, $824K in salary, $850K in stock awards, as well as $37K in other compensation.
For fiscal year 2019, the median employee pay was $33,858 at Community Bank System. Therefore, the ratio of Mark E. Tryniski's pay to the median employee pay was 152 to one.
Scott A. Kingsley, Chief Operating Officer, received a compensation package of $2.3M, which increased by 72% compared to previous year. 39% of the compensation package, or $890K, was of change in pension value and nonqualified deferred compensation earnings.
George J. Getman, General Counsel, earned $1.3M in 2019, a 46% increase compared to previous year.
Joseph E. Sutaris, Chief Financial Officer, received $1.1M in 2019, which increases by 75% compared to 2018.
Joseph F. Serbun, Executive Vice President and Chief Credit Officer, earned $812K in 2019, a 21% increase compared to previous year.