Holliday named board chair for Five Star Bank parent company

WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, recently announced that Susan R. Holliday has been named chair of the board of directors.

Holliday previously served as vice chair of Financial Institutions. She was the owner, president, and publisher of the Rochester Business Journal from 1988-2016. Holliday is currently CEO of Dumbwaiter Design, LLC, a Rochester–based web design and development firm. 

Holliday served as former chair of Financial Institutions’ management development & compensation committee and most recently was chair of the nominating and governance committee. She currently serves on the boards of nonprofit organizations in Rochester and the Finger Lakes region that include: Rochester Institute of Technology (vice chair), Health Care Trustees of New York State (vice chair), Common Ground Health (vice chair, Regional Consortium on Health Care), and MCC Foundation.

“I am truly honored to be selected by my peers to serve as Chair of the Board to provide leadership that contributes to long-term shareholder value and positive outcomes for associates, customers and the communities served by the Company,” Holliday said in a statement. 

Robert N. Latella was former board chair for Financial Institutions. He will continue to serve on the board after winning reelection to a board seat at the company’s June 16 shareholder’s meeting.

Five Star Bank, based in Warsaw in Wyoming County, has more than 45 branches throughout Western and Central New York. Its CNY branches include offices in Auburn, Seneca Falls, Geneva, Ovid, Horseheads, and Elmira.

Financial Institutions and its subsidiaries employ about 600 people.