Michael D. Burneal to Resign as Senior Vice President and Senior Organizational Advisor and Facilities Manager of Financial Institutions, Inc., Effective December 31, 2018
November 30, 2018 at 09:16 pm
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On November 29, 2018, Michael D. Burneal notified Financial Institutions, Inc. that he will resign from his position as Senior Vice President and Senior Organizational Advisor and Facilities Manager effective December 31, 2018 (the Effective Date). In connection with his resignation, Mr. Burneal entered into a severance and settlement agreement and release with the Company's wholly-owned subsidiary, Five Star Bank (the Severance Agreement). Under the terms of the Severance Agreement, Mr. Burneal will receive his regular compensation and benefits through the Effective Date.
Financial Institutions, Inc. is a financial holding company. The Company provides a full range of banking and related financial services to consumer, commercial and municipal customers through its bank and non-bank subsidiaries. It offers a range of deposit, lending and other financial services to individuals, municipalities and businesses in the Western and Central New York branch network and its Mid-Atlantic commercial loan production office serving the Baltimore and Washington, D.C. region, through its banking subsidiary, Five Star Bank. Its indirect lending network includes relationships with franchised automobile dealers in Western and Central New York, the Capital District of New York, and Northern and Central Pennsylvania. It offers customized investment advice, wealth management, investment consulting and retirement plan services through its subsidiary, Courier Capital, LLC.
Michael D. Burneal to Resign as Senior Vice President and Senior Organizational Advisor and Facilities Manager of Financial Institutions, Inc., Effective December 31, 2018