UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 31, 2006
Community Bank System, Inc.
(Exact name of registrant as specified in its charter)
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| Delaware
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001-13695
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16-1213679 |
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.) |
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5790 Widewaters Parkway, DeWitt, New York
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13214 |
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(Address of principal executive offices)
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(Zip Code) |
Registrant’s telephone number, including area code: (315) 445-2282
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) On December 31, 2006, John M. Burgess and Lee T. Hirschey retired as members of Community
Bank System, Inc.’s (the “Company”) Board of Directors in accordance with the Company’s mandatory
retirement policy for directors. Pursuant to the Company’s Bylaws, a director is required to
retire from the Board on December 31st of the year in which he or she attains the age of
70. Both directors have been members of the Board since 1991, and their retirement is not the
result of any disagreement with the Company.