Chemung Financial (CHMG) executive compensation, 2026 proxy

Anders M. Tomson, President and CEO, was paid $1.4M in 2025, up 4% from $1.4M the year before. The CEO-to-median-employee pay ratio was 29:1, on median employee pay of $49,514.

Filed
April 23, 2026
Annual meeting
June 2, 2026
Pay year
2025
Named executives
5
CEO total pay
$1.4M+4% vs prior year
CEO to median employee
29:1median $49,514
CEO pay in equity
16%$230,044 in awards
Prior say-on-pay support
96%of votes cast
CEO Base Salary
$720,300Paid during fiscal year 2025
CEO Incentive Compensation
67%Represented approximately 67% of base salary
Share Limit
160,000Authorized under 2025 Equity Incentive Plan

How Tomson was paid

$1.4M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary51%Bonus18%Stock awards16%All other compensation15%

Named executive officers

ExecutiveTotal
Anders M. TomsonPresident and CEO$1,417,130
Dale M. McKim IIIExecutive Vice President, CFO and Treasurer$664,661
Peter K. CosgroveExecutive Vice President and CCO$531,508
Daniel D. FarielloPresident, Capital Bank Division$526,560
Jeffrey P. KenefickRegional President$532,763

What changed and why

  • $1.4MAnders M. Tomson received total compensation of $1,417,130 for fiscal year 2025.
  • $1.4MCEO total compensation increased from $1,364,070 in the prior fiscal year.
  • Shareholders approved the 2025 Equity Incentive Plan with a share limit of 160,000 shares.
  • 96.4%The previous say-on-pay advisory vote received approximately 96.4% support from shareholders.
  • The CEO-to-median-employee pay ratio was estimated to be 29 to 1.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.