Community Bank System president and CEO Mark E. Tryniski had total compensation of $3.1 million last year, up 18 percent from 2016.
Tryniski's total compensation was 74 times that of the median total compensation for Community Bank System employees other than him, which was $42,164, according to a regulatory filing. Median indicates half of the employees' compensation was more than that amount, and half of the employees' compensation was less.
Tryniski's base salary increased about 1 percent, to about $751,000. His change in pension value more than doubled, to $1.27 million, accounting for a large share of his compensation increase. Tryniski's non-equity incentive plan compensation increased 54 percent, to about $620,000.
The bank has entered into a new three-year employment agreement with Tryniski, replacing an agreement that expired on Jan. 1. His new deal runs through the end of 2020.
Brian Donahue, the chief banking officer, will retire June 2, but will remain employed through the end of the year to help with the transition of his duties to other employees. Donahue joined the bank in 1992.
Community Bank has four branches in the Buffalo Niagara region. The bank is based in suburban Syracuse and has a regional hub in Olean.