The estimated Net Worth of John F. Whipple is at least $604 Tisíc dollars as of 7 March 2024. Mr. Whipple owns over 3,631 units of Community System stock worth over $492,575 and over the last 15 years he sold CBU stock worth over $0. In addition, he makes $111,314 as Lead Independent Director at Community System.
John has made over 9 trades of the Community System stock since 2012, according to the Form 4 filled with the SEC. Most recently he exercised 3,631 units of CBU stock worth $137,143 on 7 March 2024.
The largest trade he's ever made was exercising 6,631 units of Community System stock on 18 December 2020 worth over $195,548. On average, John trades about 462 units every 94 days since 2010. As of 7 March 2024 he still owns at least 8,746 units of Community System stock.
You can see the complete history of Mr. Whipple stock trades at the bottom of the page.
John F. Whipple Jr. serves as Lead Independent Director of the Company., is Independent Director of the Company. Mr. Whipple is Chair of the Audit and Compliance Committee and a member of the Risk Committee and the Governance Committee. He is the Chief Executive Officer of Buffamante Whipple Buttafaro, P.C., a regional certified public accounting and business advisory firm with offices in Olean, Jamestown and Orchard Park, New York. Mr. Whipple is a certified public accountant with over 30 years of experience in advising Western New York businesses and individuals on tax planning, structuring of business transactions, financing transactions and strategic planning for businesses. The Board has deemed him an “audit committee financial expert” as defined by the SEC rules. Mr. Whipple provides the Board with significant management experience, as well as expertise with respect to corporate finance, accounting and the analysis of public company financial statements and related SEC filings.
As the Lead Independent Director of Community System, the total compensation of John Whipple at Community System is $111,314. There are 10 executives at Community System getting paid more, with Mark Tryniski having the highest compensation of $5,160,030.
John Whipple is 64, he's been the Lead Independent Director of Community System since 2018. There are 4 older and 15 younger executives at Community System. The oldest executive at Community Financial System Inc. is Michael Kallet, 69, who is the Independent Director.
John's mailing address filed with the SEC is C/O COMMUNITY BANK SYSTEM, INC., 5790 WIDEWATERS PARKWAY, DEWITT, NY, 13214.
Over the last 21 years, insiders at Community System have traded over $15,636,273 worth of Community System stock and bought 65,657 units worth $2,107,383 . The most active insiders traders include Mark E Tryniski, Nicholas A Dicerbo a Sally A Steele. On average, Community System executives and independent directors trade stock every 22 days with the average trade being worth of $281,093. The most recent stock trade was executed by Dimitar Karaivanov on 13 June 2024, trading 1,000 units of CBU stock currently worth $43,520.
headquartered in dewitt, ny, a suburb of syracuse, community bank system, inc. (nyse:cbu) is a registered bank holding company with $7.4 billion in assets and approximately 180 customer facilities across upstate new york, where it operates as community bank, n.a. member fdic. equal housing lender. the company's other subsidiaries include: bpas, an employee benefits administration and consulting firm with offices in upstate new york, pittsburgh, philadelphia, houston and puerto rico; the cbna insurance agency, with offices in three northern new york communities; community investment services, a broker-dealer delivering financial products throughout the company's branch network; and nottingham advisors, a wealth management and advisory firm with offices in buffalo, ny, and north palm beach, fl.
Community System executives and other stock owners filed with the SEC include: