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Law, Accounting & Taxes

Chemung Canal Trust and parent company prepare for CEO transition

ELMIRA — Chemung Canal Trust Co. of Elmira and its parent company are preparing a leadership transition with the announcement of an upcoming retirement and succession plan. Ronald Bentley, CEO of Chemung Canal Trust and Chemung Financial Corp. (NASDAQ: CHMG), plans to retire on Dec. 31. Upon his retirement, Anders Tomson, Chemung Canal’s current president

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DiNapoli: City of Syracuse not ‘fiscally stressed’

SYRACUSE — The fiscal-stress monitoring system of New York State Comptroller Thomas DiNapoli has determined that the City of Syracuse isn’t considered “fiscally stressed,” based on its financial performance in 2015. That’s according to a news release that the office of Syracuse Mayor Stephanie Miner issued May 9. It is the third straight year that

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