The Bank Slate


NBT Bancorp in N.Y. lines up CEO succession for May

NBT Bancorp in Norwich, N.Y., will soon have a new leader.

The $13.8 billion-asset company said in a press release that Scott Kingsley will become its president and CEO on May 21. Kingsley, NBT’s chief financial officer, will succeed John Watt Jr.

Watt, who has led NBT since 2016, will remain on the company’s board and will become vice chairman. He will serve as an adviser until the end of the year.

“I am proud of the way we serve our customers and communities and how we have continued to create long-term value for our shareholders,” Watt said in the release. “The board has been very supportive of our strategy, and I am also thankful for their guidance over the last seven years.”

Annette Burns, NBT’s chief accounting officer, will succeed Kingsley as CFO, and Joseph Stagliano was named president of NBT Bank, effective May 21. Stagliano is president of retail community banking and chief information officer.

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