Community Bank System CEO Mark Tryniski's 2021 pay falls 39% to $3.2M
Community Bank System reports 2021 executive compensation
By ExecPay News
Published: March 28, 2022
Community Bank System reported fiscal year 2021 executive compensation information on March 28, 2022.
In 2021, five executives at Community Bank System received on average a compensation package of $1.6M, a 25% decrease compared to previous year.
Average pay of disclosed executives at Community Bank System
Mark E. Tryniski, Chief Executive Officer, received $3.2M in total, which decreased by 39% compared to 2020. 29% of Tryniski's compensation, or $921K, was of change in pension value and nonqualified deferred compensation earnings. Tryniski also received $754K in non-equity incentive plan, $291K in option awards, $861K in salary, $291K in stock awards, as well as $37K in other compensation.
Dimitar A. Karaivanov, EVP of Financial Services and Corporate Development, received a compensation package of $1.9M. 57% of the compensation package, or $1.1M, was in stock awards.
George J. Getman, General Counsel, earned $1M in 2021, a 35% decrease compared to previous year.
Joseph F. Serbun, President, Retail Banking, received $924K in 2021, which increases by 14% compared to 2020.
Joseph E. Sutaris, Chief Financial Officer, earned $913K in 2021, a 8% increase compared to previous year.
Related executives
Mark Tryniski
Community Bank System
Chief Executive Officer
Joseph Sutaris
Community Bank System
Chief Financial Officer
Dimitar Karaivanov
Community Bank System
EVP of Financial Services and Corporate Development
George Getman
Community Bank System
General Counsel
Joseph Serbun
Community Bank System
President, Retail Banking
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Source: SEC filing on March 28, 2022.