Market Overview

NBT Bancorp Elects Martin Dietrich As Chairman


NBT Bancorp Inc. (NASDAQ: NBTB) said that its board elected Martin Dietrich, its President and CEO, as Chairman on May 3 after the retirement of Daryl Forsythe. According to the company, Dietrich disclosed his plan to retire from active employment in December 2016.

NBT Bancorp said Dietrich started his career in financial services with NBT Bank, N.A. in 1981. Later in 1995, he joined the Bank's senior management team. In 2000, Dietrich became president of the Bank; advanced to president and CEO of the Bank and president of NBT in 2004. Finally, he became the CEO of NBT in 2006. He has been with Bank Board of Directors since 2005.

Dietrich commented "NBT has benefited from consistent leadership for several decades. We are pleased to have the resources within our organization to create this succession plan. The Board's unanimous endorsement of the plan speaks to the high level of confidence they have in John Watt and NBT's entire Executive Management Team."

The company also announced several other management changes as part of its succession plan. the company also expanded the role of some of its executives.

Posted-In: News Management


Related Articles (NBTB)

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at

Oppenheimer Moves To The Sidelines On Children's Place, Downgrades To Perform

Twitter Analyst Offers Good And Bad News, But The Good News 'Is A Lot Shorter'