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Stock impact report

Thomas J. Murphy Terminates Employment as Arrow Financial Corporation President and CEO and as a Director of Arrow Financial Corporation; David S. DeMarco Appointed President and CEO

Arrow Financial Corporation (AROW) 
Last arrow financial corporation earnings: 4/24 07:32 am Check Earnings Report
Company Research Source: PR Newswire
GLENS FALLS, N.Y., May 15, 2023 /PRNewswire/ -- Arrow Financial Corporation (the "Company" or "Arrow") (NasdaqGS® - AROW) announced that Thomas J. Murphy terminated his employment as President and Chief Executive Officer of the Company and its lead subsidiary, Glens Falls National Bank and Trust Company ("GFNB") and as a director of the Company and from all other positions he holds with the Company and its affiliates, effective May 12, 2023. The Company also announced that the Board of Directors has appointed Chief Banking Officer and Senior Executive Vice President David S. DeMarco as President and Chief Executive Officer of Arrow and its lead subsidiary, Glens Falls National Bank and Trust Company ("GFNB").Mr. DeMarco, who has been with the Company for 35 years, will continue to serve as President and Chief Executive Officer of Arrow subsidiary Saratoga National Bank and Trust Company. Mr. DeMarco joined the Company in 1987 as a commercial lender and since that time has served in po Show less Read more
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