The estimated Net Worth of Neil E. Fesette is at least $1.01 Million dollars as of 11 March 2024. Mr. Fesette owns over 3,631 units of Community System stock worth over $765,614 and over the last 15 years he sold CBU stock worth over $139,194. In addition, he makes $105,720 as Independent Director at Community System.
Neil has made over 8 trades of the Community System stock since 2018, according to the Form 4 filled with the SEC. Most recently he exercised 3,631 units of CBU stock worth $137,143 on 11 March 2024.
The largest trade he's ever made was exercising 13,047 units of Community System stock on 14 May 2018 worth over $374,710. On average, Neil trades about 454 units every 37 days since 2010. As of 11 March 2024 he still owns at least 13,594 units of Community System stock.
You can see the complete history of Mr. Fesette stock trades at the bottom of the page.
Neil E. Fesette serves as Independent Director of the Company. He is the President and Chief Executive Officer of Fesette Realty, LLC and Fesette Property Management in Plattsburgh, New York specializing in residential and commercial brokerage, property management, and real estate investment, development and consultation. He has extensive expertise in the real estate market in Upstate New York and key geographic markets where the Company operates. Plattsburgh is one of the Bank’s primary regions and Mr. Fesette’s knowledge regarding its economic development and areas of opportunity is a substantial benefit to the Board. Over the course of his service on the Board, Mr. Fesette has developed an expertise with corporate governance matters and succession planning, which are key skills required for his service on the Compensation and the Governance Committees. Mr. Fesette is also involved in the community and serves as a director of Champlain Valley Physicians Hospital.
As the Independent Director of Community System, the total compensation of Neil Fesette at Community System is $105,720. There are 14 executives at Community System getting paid more, with Mark Tryniski having the highest compensation of $5,160,030.
Neil Fesette is 54, he's been the Independent Director of Community System since 2010. There are 16 older and 3 younger executives at Community System. The oldest executive at Community Financial System Inc. is Michael Kallet, 69, who is the Independent Director.
Neil's mailing address filed with the SEC is C/O COMMUNITY BANK SYSTEM, INC., 5790 WIDEWATERS PARKWAY, DEWITT, NY, 13214.
Over the last 21 years, insiders at Community System have traded over $15,636,273 worth of Community System stock and bought 65,657 units worth $2,107,383 . The most active insiders traders include Mark E Tryniski, Nicholas A Dicerbo, and Sally A Steele. On average, Community System executives and independent directors trade stock every 22 days with the average trade being worth of $281,093. The most recent stock trade was executed by Dimitar Karaivanov on 13 June 2024, trading 1,000 units of CBU stock currently worth $43,520.
headquartered in dewitt, ny, a suburb of syracuse, community bank system, inc. (nyse:cbu) is a registered bank holding company with $7.4 billion in assets and approximately 180 customer facilities across upstate new york, where it operates as community bank, n.a. member fdic. equal housing lender. the company's other subsidiaries include: bpas, an employee benefits administration and consulting firm with offices in upstate new york, pittsburgh, philadelphia, houston and puerto rico; the cbna insurance agency, with offices in three northern new york communities; community investment services, a broker-dealer delivering financial products throughout the company's branch network; and nottingham advisors, a wealth management and advisory firm with offices in buffalo, ny, and north palm beach, fl.
Community System executives and other stock owners filed with the SEC include: