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OSWEGO — Chris R. Burritt has been named the new chairman of the board of directors of Pathfinder Bancorp, Inc. (NASDAQ: PBHC) and its Pathfinder Bank subsidiary, effective Jan. 1.
Burritt replaces Janette Resnick, who is retiring from her chair and board position, the company said.
“After 17 years on the Board, and 10 years as Chair, Janette has announced her retirement, commensurate with the company By-Laws,” Thomas W. Schneider, President and CEO of Pathfinder, said in a news release. “We are so grateful for what Jan has provided in the way of leadership, commitment and dedication to our customers, shareholders and employees over the years.”
“On behalf of her fellow Board members, and myself personally, her guidance and leadership are deeply appreciated,” Schneider added.
According to Schneider, Pathfinder Bank grew by over $200 million in assets and 82 percent during Resnick’s tenure, and has seen significant market-share growth and branch expansion.
Burritt first joined the Pathfinder board in 1986. Burritt, a life-long resident of Oswego, is president and general manager of R.M. Motors, Inc./Chris Cross, Inc., an automobile dealership located in Oswego.
“Chris has been unanimously selected by the board to succeed Jan in the role as Chairman, recognizing his innate leadership skills and drive for success,” Schneider said in the release. “Chris provides a strong vision, intellect and commitment to our mission, and will be instrumental in the execution of our strategic plan and growth going forward.”
Burritt is currently a member of the board of directors of Oswego Hospital, and also serves as chair of its Finance/Operations Committee. Additionally, he was past president of the Oswego Chamber of Commerce, served on the State College at Oswego’s Foundation board, and past chairman of the New York State Automobile Dealers Association, where he also served as treasurer.
Burritt resides with his wife, Susan, in Oswego, and has three daughters, Andrea, Danielle, and Jennifer, and a son, Rich, who has joined him in the family business.
Pathfinder Bank is a New York state chartered savings bank headquartered in Oswego. It has eight branches in Oswego, Fulton, Mexico, Lacona, Central Square, and Cicero.
The company reported total assets of $492.5 million as of Sept. 30.
Contact Rombel at arombel@cnybj.com
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.