MAHOPAC, N.Y. - The Board of Directors of Tompkins Mahopac Bank has announced that Gerald J. Klein, Jr. will retire as president and CEO of the bank after 26 years of service to the company.
In anticipation of his retirement, Tompkins Mahopac Bank has worked on a succession plan to assure a smooth transition of leadership and has appointed David DeMilia, current senior vice president, to president and CEO. Klein will support the transition process during the first half of the year, retiring mid-year.
Klein joined Tompkins Mahopac Bank in 1995 and was executive vice president and chief lending officer before becoming CEO in January 2007. He currently sits on the board of directors of the bank and is an executive vice president of the bank holding company, Tompkins Financial Corp., and a member of its senior leadership team. Klein serves on the board of the Independent Bankers Association of New York (IBANYS) and was named as a member of the Community Depository Institutions Advisory Council of the Federal Reserve Bank of NY.
Klein is also immediate past chairman of Putnam Hospital Center Foundation and is a director on the boards of the Putnam Hospital Center, Putnam Economic Development Corporation and SCORE Putnam. In 2020, he was appointed to the Business Council of Westchester’s board of directors. Previously, he served on the board of the Westchester County Association and was also past chair of the American Heart Association Heart Walk in Putnam, and past corporate chair of the Cystic Fibrosis Great Strides Walk in Putnam County.
“Jerry is an exceptional business leader who has overseen a period of strong growth and high performance,” said Tompkins Mahopac Bank Board Chair Michael Spain. “I would like to thank him personally, and on behalf of the Board, for his contributions to Tompkins Mahopac Bank.”
Steve Romaine, president and CEO of Tompkins Financial Corp. added, “Jerry has successfully led the bank into the digital age without ever losing his deep sense of community and the clients he serves. Integrity, positivity, a deep sense of caring and commitment and a strong sense of humor were all marks of Jerry’s leadership over the past two-and-a-half decades. He has been instrumental in the growth and success of the bank. I wish him all the best in his retirement.”
A lifelong resident of Westchester County, DeMilia joined Tompkins Mahopac Bank in 2008. He held a number of positions over the years and is currently the senior commercial lending division manager. DeMilia is also a trustee of the WMC Health Organization where he has overseen team efforts to raise in excess of $125,000 for that organization over his years with Tompkins.
“Dave brings strong expertise and leadership in one of our core businesses, commercial banking,” said Spain. “He has directed and co-directed multiple important corporate initiatives that have helped Tompkins continue to be a forward-looking company providing superior services to its clients and its communities. I have gotten to know Dave over the years and, along with the entire board, warmly welcome him and wish him every success.”
“It has truly been an honor to lead Tompkins Mahopac Bank,” said Klein. “The company’s vision and values, as a community bank, closely align with my personal code of ethics, so it has been an outstanding fit for me. Tompkins Mahopac Bank has encouraged and supported my work over the years in the industry and the community. The team of people here at the bank are exceptional and truly committed to serving the needs of our communities and I remain grateful for their support. I look forward to working with Dave during the transition and I have the utmost confidence in his ability to lead and drive sustainable excellence in all that we do.”
Article provided by Tompkins Mahopac Bank