TITLE

Partners Trust CEO to exit after acquisition

AUTHOR(S)
Gregory, Traci
PUB. DATE
July 2007
SOURCE
Business Journal (Central New York);7/27/2007, Vol. 21 Issue 30, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the resignation of John A. Zawadzki as a president and chief executive officer (CEO) of Partners Trust Financial Group Inc. in Utica, New York. It was stated that Zawadzki will leave after the acquisition of the Partners Trust by M&T Bank Corp. According to the U.S. Securities and Exchange Commission (SEC), Zawadzki will receive $2.59 million in severance payment and a $450,000 transaction bonus.
ACCESSION #
26137308

 

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