8-K
TOMPKINS FINANCIAL CORP (TMP)
Likely bn
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The SecuritiesExchange Act of 1934
| Date of Report (Date of earliest event reported) | April 28, 2023 | |
|---|---|---|
| Tompkins Financial Corporation | ||
| --- | --- | --- |
| (Exact name of registrant as specified in its charter) | ||
| New York | 1-12709 | 16-1482357 |
| (State or other jurisdiction | (Commission | (IRS Employer |
| of incorporation) | File Number) | Identification No.) |
| P.O. Box 460, Ithaca New York | 14851 | |
| (Address of Principal executive offices) | (Zip Code) | |
| Registrant’s telephone number, including area code | (888) 503-5753 | |
| --- | --- | |
| (Former name or former address, if changed since last report.) | ||
| --- |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|---|---|
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17CFR 240.14a-12) |
| --- | --- |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| --- | --- |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17CFR 240.13e-4(c)) |
| --- | --- |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which <br><br>registered |
|---|---|---|
| Common Stock, $0.10 par value | TMP | NYSE American, LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
| Emerging growth company | ☐ |
|---|---|
| If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ | |
| --- |
Item 5.02 Departure of Directors or Certain Officers; Election of Directors;Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 28, 2023, Francis M. Fetsko, Executive Vice President, Chief Financial Officer and Chief Operating Officer of Tompkins Financial Corporation (the “Company”) and Chief Financial Officer of Tompkins Community Bank (the “Bank”) announced his decision to retire as an officer of the Company and the Bank in the fall of 2023, after over 25 years of service.
Item 7.01 Regulation FD Disclosure.
On May 3, 2023, the Company issued a press release to announce Mr. Fetsko’s planned retirement in the fall of 2023. A copy of the press release is included in this Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
| (d) | Exhibits. |
|---|
EXHIBIT INDEX
| Exhibit No. | Description |
|---|---|
| 99.1 | Press Release of Tompkins Financial Corporation dated May 3, 2023 |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| TOMPKINS FINANCIAL CORPORATION | |
|---|---|
| Date: May 3, 2023 | /s/ Stephen S. Romaine |
| Stephen S. Romaine | |
| President and CEO |
Tompkins Financial Corporation 8-K
Exhibit 99.1
NEWS RELEASE
For Immediate Release:
May 3, 2023
For More Information, Contact:
Susan Valenti
Director of Marketing
svalenti@tompkinsfinancial.com
TOMPKINS FINANCIAL CORP. ANNOUNCES CHIEF FINANCIALANDCHIEF OPERATING OFFICER FRANCIS M. FETSKO TO RETIRE
ITHACA, NY (May 3, 2023) – The Board of Directors of Tompkins Financial Corp. today announced that Francis M. Fetsko has communicated his plans to retire as chief financial officer and chief operating officer of Tompkins Financial Corp. in the fall of 2023, after twenty-seven years of service to the company. While Fetsko will step back from his current role in the fall, he has agreed to remain with the company in a part-time capacity, as director of strategy development, through the end of 2024. The company will undertake a succession planning process to identify the best candidate to fill Fetsko’s role upon his retirement, which may include both internal and external candidates.
Fetsko joined Tompkins Financial in 1996 and has served as chief financial officer since 2000, assuming the additional role of chief operating officer in 2012 overseeing company-wide operations and technology. He is an executive vice president of the bank holding company, Tompkins Financial Corp., and a member of its senior leadership team.
In keeping with the values of the company and his personal commitment to community service, Fetsko sits on a number of civic and nonprofit boards. The Ithaca resident is chair of the advisory board for the Kania School of Management at the University of Scranton, a board member of Ithaca-based Racker, an organization dedicated to supporting people with disabilities, and is past president of the YMCA of Ithaca and Tompkins County.
“Frank’s exceptional leadership and business acumen through times of economic change have been instrumental to our continued success as a high performing company,” said Tompkins Financial Corp. chair Thomas Rochon. “I would like to thank him personally, and on behalf of the board, for his contributions to Tompkins Financial Corp. which leave us well-positioned for the future.”
Steve Romaine, president & CEO, of Tompkins Financial Corp. added, “Frank has led with integrity, vision and a deep sense of caring over his almost three decades with Tompkins. He has been a supportive colleague and mentor to his many team members, always willing to lend his expertise, wisdom and strategic perspective to enrich those around him and Tompkins as a whole. I am grateful for the value and continuity that Frank will bring to our company in his part-time transitional role as director of strategy development. I wish him well in his retirement as he spends time with family and friends and enjoys his many varied interests.”
“I have enjoyed a wonderful career at Tompkins and am pleased to have the opportunity to serve the company in a new capacity upon stepping down from my current role. I am grateful, not only for the opportunity to serve the company, but for the many colleagues and friends I have made along the way. I have been truly fortunate to spend so much of my life at a place that shares my personal values and commitment to the community” Fetsko said.
ABOUT TOMPKINS FINANCIAL CORPORATION
Tompkins Financial Corporation is a banking and financial services company serving the Central, Western, and Hudson Valley regions of New York and the Southeastern region of Pennsylvania. Headquartered in Ithaca, NY, Tompkins Financial Corporation is parent to Tompkins Community Bank, Tompkins Insurance Agencies, Inc., and offers wealth management services through Tompkins Financial Advisors. For more information on Tompkins Financial Corporation, visit www.tompkinsfinancial.com.
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Editor’s note: Attached is a photo of Francis M.Fetsko