Equibles does not estimate personal net worth.
Get an email with a short summary when Community Financial System, Inc. publishes a filing, an earnings call transcript or a press release.
Get CBU alertsDimitar A. Karaivanov is recorded as CEO and Board Member at Community Financial System, Inc. (CBU) since January 1, 2024 and COO at Community Financial System, Inc. (CBU). The newest filing on record that lists Dimitar A. Karaivanov as CEO at Community Financial System, Inc. (CBU) is dated March 27, 2026. The newest filing on record that lists Dimitar A. Karaivanov as COO at Community Financial System, Inc. (CBU) is dated March 27, 2023. Community Financial System, Inc. reported in an 8-K filed January 5, 2024 that Dimitar A. Karaivanov was appointed Director, effective January 1, 2024. Community Financial System, Inc. reported in an 8-K filed January 5, 2024 that Dimitar A. Karaivanov was appointed President and Chief Executive Officer, effective January 1, 2024. Community Financial System, Inc. reported in an 8-K filed July 5, 2023 that Dimitar A. Karaivanov was appointed Director, effective January 1, 2024. Equibles holds 4 filed executive changes naming Dimitar A. Karaivanov; each is listed under recent activity with its source filing. The proxy statement of Community Financial System, Inc. reports total compensation of $1,267,037 for Dimitar A. Karaivanov in fiscal 2023, including a base salary of $542,325. Disclosed compensation is on record for 3 fiscal years. Dimitar A. Karaivanov has spoken on 2 earnings calls across 1 company, most recently for Community Financial System, Inc. on October 27, 2026. Community Financial System, Inc. is classified in the Banks - Regional industry within the Financial Services sector. Other leadership on record at Community Financial System, Inc. includes Dimitar Karaivanov (CEO, COO and Board Member), Eric E. Stickels (Chairman and Board Member), Joseph Sutaris (CFO) and 7 others.
“As previously announced, Mr. Karaivanov was appointed to serve as a Director of the Company and the Bank, effective January 1, 2024.”
“On January 1, 2024, Dimitar A. Karaivanov, the Company’s Executive Vice President and Chief Operating Officer (“COO”), was appointed as the Company’s and the Bank’s President and Chief Executive Officer.”
“Our company performed very well in the third quarter. As expected, our results accelerated with operating diluted earnings per share increasing 16.5% year-over-year and 9.5% quarter-over-quarter, representing our sixth consecutive quarter of record results.”
“Last week, we were named Center State CEO of Business of the Year with over 50 employees here in Central New York. This is one of the most prominent recognitions in Central New York.”
2024-01-01–present
Last confirmed March 27, 2026
2024-01-01–present
Start not stated–present
Last confirmed March 27, 2023
Proxy statement
Start not stated–2022-03-28
Last confirmed by a filing; no departure on record
Banks - Regional · Financial Services
COO, CEO, Board Member
2024-01-01–present
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2023 | Community Financial System, Inc. (CBU) | EVP and Chief Operating Officer (CEO as of 1/1/2024) | $542,325 | $1,267,037 |
| 2022 | Community Financial System, Inc. (CBU) | EVP and Chief Operating Officer (CEO as of 1/1/2024) | $501,461 | $1,217,092 |
| 2021 | Community Financial System, Inc. (CBU) | EVP and Chief Operating Officer (CEO as of 1/1/2024) | $269,538 | $1,912,443 |
