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Financial Institutions Names Martin Birmingham CEO
Feb 25 - Martin K. Birmingham has been named as CEO and president of Financial Institutions Inc., Warsaw, N.Y., (Nasdaq:FISI) and its subsidiary Five Star Bank, effective March 1, 2013.
He succeeds John E. Benjamin, who served as interim CEO for the past several months. Benjamin remains chairman of the board of directors.
"In selecting our next CEO, the board was focused on fulfilling our mission for the benefit of shareholders. Marty has distinguished himself as this type of forward-looking leader," said Mr. Benjamin. "He has a multifaceted understanding of the community banking environment, and a true appreciation for the core customer and employee values that make us unique. With the intent of extending our track record of consistent growth, the Board is enthusiastic about having Marty at the helm."
Since joining Financial Institutions Inc. in 2005, Birmingham has served as executive vice president and commercial banking executive. He also served as the Northeast regional president of Five Star Bank. Previously, he served as president and CEO of the National Bank of Geneva; as Rochester regional market president for Bank of America Corporation; and held corporate banking roles with Fleet Financial Group's Rochester Division.
"It's an extraordinary time for Five Star. We're intently pursuing organic growth opportunities while remaining nimble to capitalize on marketplace changes," said Birmingham. "By combining the substantial talents of our entire team with more innovative approaches and community-centered values, we're poised for considerable success. I'm humbled and honored to step into this role, especially given our reputation that stretches back 150 years."
Birmingham earned his Bachelor's degree in Economics from St. Lawrence University, and is a MBA candidate at the University of Rochester's Simon Graduate School of Business. He is active in the Western New York non-profit and business communities, serving in volunteer leadership roles with St. John Fisher College, the Rochester Business Alliance, the Catholic Diocese of Rochester, AAA of Western and Central New York and the Monroe Community College Foundation. He is the past chair of the Rochester/Monroe County Work Force Investment Board.
He resides with his wife and two children in Pittsford, N.Y.
About Financial Institutions Inc.
With more than $2.7 billion in assets, Financial Institutions Inc. provides diversified financial services through its subsidiaries, Five Star Bank and Five Star Investment Services Inc. Five Star Bank provides a wide range of consumer and commercial banking services to individuals, municipalities and businesses through a network of over 50 offices in Western and Central New York State. Five Star Investment Services provides investment advice, brokerage and insurance products and services within the same New York State markets. Financial Institutions Inc. and its subsidiaries employ more than 600 individuals. The company's stock is listed on the NASDAQ Global Select Market under the symbol "FISI." Additional information is available at the company's