2023-05-15 08:51:43 ET
- Arrow Financial ( NASDAQ: AROW ) said on Monday that Thomas Murphy terminated his employment as president and CEO of the company and its lead subsidiary, Glens Falls National Bank and Trust Company.
- Murphy will also not serve as a director at the multi-bank holding company, and has renounced all the other positions he holds with the company and its affiliates, effective May 12.
- The company has appointed Chief Banking Officer and Senior Executive Vice President David DeMarco president and CEO of Arrow and its lead subsidiary.
- AROW shares were trading +3.16% pre-market.
- Source: Press Release
For further details see:
Arrow Financial's Murphy terminates employment as president and CEO