The charts on this page feature a breakdown of the total annual pay for the top executives at CHEMUNG FINANCIAL CORP as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. CHEMUNG FINANCIAL CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. CHEMUNG FINANCIAL CORP annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
Anders M. Tomson
President & CEO
Total Cash $699,500 Equity $181,915 Other $159,127 Total Compensation $1,040,542
Karl F. Krebs
Executive Vice President, CFO and Treasurer
Total Cash $356,789 Equity $84,790 Other $82,386 Total Compensation $523,965
Daniel D. Fariello
President, Capital Bank Division
Total Cash $313,003 Equity $74,164 Other $70,548 Total Compensation $457,715
Loren D. Cole
Executive Vice President and CIO
Total Cash $301,960 Equity $71,529 Other $71,015 Total Compensation $444,504
Peter K. Cosgrove
Executive Vice President, CCO and CRO
Total Cash $318,617 Equity $76,843 Other $81,728 Total Compensation $477,188
For its 2021 fiscal year, CHEMUNG FINANCIAL CORP, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
Anders M. Tomson CEO Pay $841,469 Median Employee Pay $41,512 CEO Pay Ratio 20:1
For its 2020 fiscal year, CHEMUNG FINANCIAL CORP, listed the following board members on its annual proxy statement to the SEC.
Bruce W. Boyea Total Cash $17,742
David J. Dalrymple Total Cash $90,900
David M. Buicko Total Cash $56,654
Denise V. Gonick Total Cash $48,699
G. Thomas Tranter, Jr. Total Cash $57,864
Jeffrey B. Streeter Total Cash $49,729
Larry H. Becker Total Cash $49,729
Richard E. Forrestel, Jr. Total Cash $12,459
Richard W. Swan Total Cash $56,009
Robert H. Dalrymple Total Cash $59,270
Ronald M. Bentley Total Cash $58,314
Stephen M. Lounsberry, III Total Cash $60,507
Thomas R. Tyrrell Total Cash $53,367

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.