ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG) announced that its board of directors has elected three new board members. Each person will stand for shareholder election at the banking company’s May annual shareholders’ meeting. All directors of Chemung Financial also serve on the board of its main subsidiary, Chemung Canal Trust Company, the company said […]
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ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG) announced that its board of directors has elected three new board members.
Each person will stand for shareholder election at the banking company’s May annual shareholders’ meeting. All directors of Chemung Financial also serve on the board of its main subsidiary, Chemung Canal Trust Company, the company said in a news release.
Joining the board are: David M. Buicko, of Guilderland, who is president and CEO of the Galesi Group; Denise V. Gonick, of Albany, who is president and CEO of MVP Health Care; and Jeffrey B. Streeter, of Elmira, who is president of Streeter Associates.
Buicko has served in a variety of roles at the Galesi Group, since joining the company in 1982, including CFO and COO. In 2016, he was elected president and CEO. He is responsible for the day-to-day operations of all the company’s divisions, including 12 million square feet of office and industrial real estate and more than 11,000 apartment units. Buicko also serves as president of Distribution Unlimited, Inc., one of the largest third-party logistics companies in the Northeast and is chairman of the board of Green Earth Technologies, a publicly traded company, per the release.
Gonick, during her 22-year tenure at MVP Health Care, built MVP’s in-house legal and compliance departments, then was promoted to general counsel, chief administrative officer, and later became president of operations. In 2012, she became president and CEO of MVP. She was responsible for initiating and completing two major acquisitions and led the transformation of MVP into a diversified health care company serving 700,000 members in New York and Vermont, Chemung Financial said.
Streeter joined Streeter Associates in 1995. In 2002, he was named president and currently serves as the third generation of the family to lead the nearly 70-year-old company, which specializes in general contracting, construction management, design-build, and construction-management services, according to the release. Streeter currently serves on the boards of Southern Tier Economic Growth (STEG), Arnot Health, the Arctic League, the Chemung County Chamber of Commerce, and the Associated General Contractors of New York State Building Board of Governors.
Chemung Financial is a $1.7 billion financial services holding company headquartered in Elmira, operating 34 branches through Chemung Canal Trust. Established in 1833, Chemung Canal Trust says it is the oldest locally owned and managed community bank in New York state. Chemung Financial is also parent of CFS Group, Inc., a financial-services subsidiary offering non-traditional services including mutual funds, annuities, brokerage services, tax preparation services and insurance, and Chemung Risk Management, Inc., an insurance company based in Nevada.