Generations Bancorp NY, Inc. Appoints Angela Krezmer As President & CEO, Effective November 27, 2023
Portfolio Pulse from Benzinga Newsdesk
Generations Bancorp NY, Inc. (NASDAQ:GBNY) has appointed Angela Krezmer as its new President & CEO, effective November 27, 2023. Krezmer, who has been with the company since 2021 as Chief Financial Officer, will also join the board of directors. She has been serving as interim Principal Executive Officer since October 16, 2023, following the passing of former President & CEO Menzo Case. Krezmer's experience includes roles at Prosper Bank (now Presence Bank) and Fairport Savings Bank.
December 05, 2023 | 4:56 pm
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POSITIVE IMPACT
Angela Krezmer's appointment as President & CEO of Generations Bancorp NY, Inc. could bring fresh leadership and strategic vision to the company. Her previous experience and role as CFO may reassure investors of continuity and potential for innovation.
The appointment of a new President & CEO, especially one with a strong background and familiarity with the company, is typically seen as a positive development. Krezmer's history with the bank and her role in maintaining stability after the previous CEO's passing may be viewed favorably by investors. However, as with any leadership change, there is an element of uncertainty until her impact on the company's performance can be assessed.
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