The Boards of Directors of Oneida
Financial Corp. ONFC and the Company's wholly-owned
subsidiary The Oneida Savings Bank today announced that it has
adopted a management succession plan. Michael R. Kallet, President and Chief
Executive Officer of both the Company and the Bank will continue to serve as
the President and Chief Executive Officer of Oneida Financial Corp. and as
Chairman of the Board and Chief Executive Officer of Oneida Savings Bank.
Eric E. Stickels, current Executive Vice President and Chief Financial Officer
of both the Company and the Bank will continue to serve as the Executive Vice
President and Chief Financial Officer of Oneida Financial Corp. and will
assume the responsibilities as the newly named President and Chief Operating
Officer of Oneida Savings Bank. In addition, Deresa F. Durkee has been
promoted to the position of Senior Vice President and Chief Financial Officer
of Oneida Savings Bank. Both promotions will be effective on December 1,
2011.
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