Will also serve on audit committee WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), the parent company of Five Star Bank, recently announced the appointment of Angela J. Panzarella as a new independent member of the boards of directors of both the parent company and the bank. Panzarella’s appointment increases the size of the Financial […]
Will also serve on audit committee
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), the parent company of Five Star Bank, recently announced the appointment of Angela J. Panzarella as a new independent member of the boards of directors of both the parent company and the bank.
Panzarella’s appointment increases the size of the Financial Institutions board to 12 members, 11 of whom are independent and three of whom were appointed within the last four years. She will also serve on the audit and management development and compensation committees.
Panzarella brings extensive business and nonprofit leadership experience, including as CEO of the YWCA of Rochester and Monroe County from 2018-2020 and through her 20-year tenure with Bausch + Lomb, as well as prior public company board experience. During her eight years of board service to publicly traded Transcat, Inc., a Rochester–based calibration services and equipment provider, she served as chair of the compensation committee and as a member of the technology and governance committees, according to Financial Institutions.
“Angela is not only a seasoned executive with a proven ability to develop and execute successful business strategies that drive strong financial outcomes, often on a global scale, but a respected leader in the Greater Rochester community, a key growth market for us,” Martin K. Birmingham, president, CEO, and director of Financial Institutions and Five Star Bank, said in the announcement. “As we continue to grow and evolve as a company, we look forward to benefitting from her perspective and counsel.”
Prior to joining the YWCA, Panzarella served as president of ACM Medical Laboratory, Inc., a provider of clinical and global central laboratory services. From 1988-2008, she held a variety of executive and legal roles at Bausch + Lomb, most recently as president of the Canada and Latin American Division and corporate VP of Global Vision Care. She began her career as an attorney at Harris Beach PLLC.
Active in the community, Panzarella previously served on the boards of directors for UR Medicine Home Care and the United Way of Greater Rochester. She earned her bachelor’s degree from St. John Fisher College and law degree from the Albany Law School of Union University.
