Karl V. Anderson to Resign as Director of Financial Institutions, Inc
March 25, 2021 at 04:16 pm EDT
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On March 21, 2021, Karl V. Anderson, Jr. notified the Board of Directors of Financial Institutions, Inc. of his intention to not stand for re-election as a director when his current term expires at the 2021 annual meeting of the Company’s shareholders. Mr. Anderson has served as a director of the Company since 2006. His decision to not stand for re-election was not due to any disagreement with the company. The company also announced that its Board nominated Mauricio Riveros and Mark Zupan for election as new directors at the Annual Meeting.
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.
FINANCIAL INSTITUTIONS, INC. 
