Community Bank System appoints MacPherson as new independent director

DeWITT — Community Bank System, Inc. (NYSE: CBU) recently announced that its board of directors has appointed Kerrie D. MacPherson as a new independent director. 

MacPherson previously served as a senior partner at Ernst & Young, LLP (EY). She started as an auditor and served in leadership roles in transaction advisory services in EY’s New York City office, working with clients across an array of industries over 32 years.

MacPherson’s appointment expands Community Bank System’s board to 12 directors, 11 of whom are independent. She was also appointed to the board of directors of Community Bank, N.A., its banking subsidiary. MacPherson will also serve on the board’s audit and compliance committee and the risk committee.

MacPherson joined EY in 1986 as an auditor in its Toronto office and first moved to its New York City office in 1992, where she worked on a national financial-services team focused on regulatory developments. Over her career, she served in various leadership roles in mergers and acquisitions, advisory services, and marketing where she developed extensive experience with banking and financial advisory services. MacPherson retired from EY in 2018. 

She currently serves on the board of directors of New York City Harvest, a nonprofit focused on feeding the hungry in the city. MacPherson is a graduate of the University of Toronto with both a bachelor’s degree and MBA.