TrustCo Bank adds two independent directors
TrustCo Bank Corp NY expanded its board to 11 members and added two independent directors with committee roles across key oversight areas.
Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary
TrustCo Bank Corp NY (TRST) reported that its Board of Directors increased the board size from 9 to 11 members and elected Patricia Kieper-Fusco and Bryan L. Guentner as directors, effective September 15, <a href="https://bitcomme.com/learn-about-ai-in-hr-at-disrupt-2026/” title=”Learn about AI in HR at Disrupt 2026″>2026. Both also joined the board of subsidiary Trustco Bank.
The new directors are expected to participate in the standard non-employee director cash and equity compensation programs, though no equity awards were granted at election. They were appointed to the Audit, Board Compliance, Compensation, Fiduciary, Nominating and Corporate Governance, and Risk Committees and were determined to be independent directors under Nasdaq and SEC standards, including for Audit and Compensation Committee service. TrustCo describes itself as a $6.5 billion savings and loan holding company operating 133 offices through Trustco Bank across several states.
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