Oneida Financial Corp. Board Announces Management Succession Plan


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


The Boards of Directors of OneidaFinancial Corp. (NASDAQ: ONFC) and the Company's wholly-ownedsubsidiary The Oneida Savings Bank today announced that it hasadopted a management succession plan.  Michael R. Kallet, President and ChiefExecutive Officer of both the Company and the Bank will continue to serve asthe President and Chief Executive Officer of Oneida Financial Corp. and asChairman of the Board and Chief Executive Officer of Oneida Savings Bank. Eric E. Stickels, current Executive Vice President and Chief Financial Officerof both the Company and the Bank will continue to serve as the Executive VicePresident and Chief Financial Officer of Oneida Financial Corp. and willassume the responsibilities as the newly named President and Chief OperatingOfficer of Oneida Savings Bank.  In addition, Deresa F. Durkee has beenpromoted to the position of Senior Vice President and Chief Financial Officerof Oneida Savings Bank.  Both promotions will be effective on December 1,2011.

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: NewsManagement