trending Market Intelligence /marketintelligence/en/news-insights/trending/r42fdspcb-afyicbbqxnyw2 content esgSubNav
In This List

Financial Institutions Inc. to reduce board size


Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations


Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


Banks’ Response to Rising Rates & Liquidity Concerns

Financial Institutions Inc. to reduce board size

Erland Kailbourne will not stand for re-election as a Financial Institutions Inc. director when his term expires at the company's annual shareholder meeting June 20.

His decision to not stand for re-election was not due to any disagreement with the company.

The Warsaw, N.Y.-based company has decided to decrease the size of its board to 11 members from 12. The decrease will be effective upon Kailbourne's departure from Financial Institutions' board.

Kailbourne has served as a director on Financial Institutions' board since 2005.