Citizens Financial Services (CZFS) executive compensation, 2026 proxy

Randall E. Black, CEO & President of the Company and Bank, was paid $1.2M in 2025, down 13% from $1.4M the year before.

Filed
March 12, 2026
Annual meeting
April 21, 2026
Pay year
2025
Named executives
5
CEO total pay
$1.2M-13% vs prior year
Prior say-on-pay support
89%of votes cast
2025 Say-on-Pay Support
89%Previous advisory vote approval
2025 CEO Salary
$675,000Base salary for the year
2025 Net Income
$36,572Expressed in thousands

How Black was paid

$1.2M 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.

Salary56%Bonus7%Pension and deferred comp28%All other compensation9%

Named executive officers

ExecutiveTotal
Randall E. BlackCEO & President of the Company and Bank$1,212,643
Stephen J. GuillaumeExecutive Vice President, Chief Financial Officer, Treasurer of the Company and Bank$320,000
David Z. Richards, Jr.Senior Executive Vice President, Director of Emerging Markets$395,809
Jeffrey L. WilsonSenior Executive Vice President, Chief Credit Officer$382,001
Jeffrey R. WhiteExecutive Vice President, Chief Operating Officer$359,674

What changed and why

  • $1.2MCEO total compensation decreased to $1,212,643 in 2025 from $1,399,597 in 2024.
  • Annual Incentive Plan awards for 2025 had not yet been determined as of the proxy filing date.
  • 89%Approximately 89% of votes cast supported the say-on-pay advisory vote at the 2025 annual meeting.
  • The Compensation/Human Resource Committee maintained the overall core design of the executive compensation program.
  • Performance measures for 2025 included return on equity and efficiency ratio compared to peers.

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.