ELMIRA — Michael P. Hosey, CEO of Elmira Savings Bank, was recently elected as chairman of the board of directors of Arnot Health, a not-for-profit, independent, three-hospital, regional health-care system based in Elmira.
Hosey will succeed S. Jan Eberhard, M.D. who served a five-year term as chairman of the Arnot Ogden Medical Center board of managers and a two-year term as chairman of the Arnot Health board of directors. Eberhard’s service marks the longest standing chairmanship in nearly 40 years, the organization said in a news release. He helped successfully lead the board of directors through both the St. Joseph’s Hospital and Ira Davenport Memorial Hospital mergers.
Hosey was named to the Arnot Ogden Medical Center board of managers in 2005 and the Arnot Health board of directors in 2011 and subsequently served on several committees. He has been with Elmira Savings Bank for 29 years and currently serves as vice chairman in addition to his CEO post.
(Sponsored)

Ask the Expert: Top 5 IT Investments in 2026 to Drive Growth
In recent years, “digital transformation” has meant investing in new tools, migrating to the cloud, and adapting to hybrid work. As we look ahead to 2026, the conversation will shift

Protecting your family business is more than financial and estate planning
By Lindsay Usherwood General Counsel I want to roll back the title of Ask the Expert because I don’t believe anyone can be an expert in family business. It is
Hosey holds an MBA in finance and a bachelor’s degree in accounting from the University of Scranton and is a graduate of the Stonier Graduate School of Banking at the University of Delaware. He is a lifetime resident of the Elmira area and serves the community as a member and/or officer of several organizations.
Contact Carbonaro at mcarbonaro@cnybj.com


