Penko Ivanov
Equibles does not estimate personal net worth.
About Penko Ivanov
Penko Ivanov is recorded as CFO at Arrow Financial Corp (AROW) since February 21, 2023. Arrow Financial Corp reported in an 8-K filed February 6, 2023 that Penko Ivanov was appointed Chief Financial Officer, Executive Vice President, Treasurer and Chief Accounting Officer, effective February 21, 2023. The proxy statement of Arrow Financial Corp reports total compensation of $659,821 for Penko Ivanov in fiscal 2024, including a base salary of $410,000. Disclosed compensation is on record for 2 fiscal years. Arrow Financial Corp is classified in the Banks - Regional industry within the Financial Services sector. Other leadership on record at Arrow Financial Corp includes David S. DeMarco (CEO and Board Member), Tenée R. Casaccio (Chairman), Penko K. Ivanov (CFO) and 7 others.
“On February 1, 2023, the board of directors of Arrow Financial Corporation (the “Company”) appointed Penko Ivanov, CPA, MBA, as Chief Financial Officer, Executive Vice President, Treasurer and Chief Accounting Officer of Arrow and its two subsidiary banks, Glens Falls National Bank and Trust Company and Saratoga National Bank and Trust Company, as well as its insurance subsidiary, Upstate Agency, LLC., effective February 21, 2023.”
Affiliation history
-
Current
2023-02-21–present
Company network
Leadership on record at Arrow Financial Corp
- David S. DeMarco CEO, Board Member
- Tenée R. Casaccio Chairman
- Penko K. Ivanov CFO
- Thomas J. Murphy CFO
- Andrew J. Wise COO
- Michael J. Jacobs CIO
- Darrin Jahnel Board Member
- Darrin M. Jahnel Board Member
- David G. Kruczlnicki Board Member
- Gregory J. Champion Board Member
Executive compensation
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2024 | Arrow Financial Corp (AROW) | Senior Executive Vice President, CFO, Treasurer and CAO | $410,000 | $659,821 |
| 2023 | Arrow Financial Corp (AROW) | Senior Executive Vice President, CFO, Treasurer and CAO | $310,154 | $469,332 |