People: Trustco Bank Corp (TRST.O)
TRST.O on Nasdaq
5.60USD
9 Feb 2010
5.60USD
9 Feb 2010
Price Change (% chg)
$0.03 (+0.54%)
$0.03 (+0.54%)
Prev Close
$5.57
$5.57
Open
$5.63
$5.63
Day's High
$5.69
$5.69
Day's Low
$5.52
$5.52
Volume
305,181
305,181
Avg. Vol
367,189
367,189
52-wk High
$7.63
$7.63
52-wk Low
$4.71
$4.71
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
| McCormick, Robert | 45 | 2009 | Chairman of the Board, President, Chief Executive Officer; President, CEO of Trustco Bank |
| Cushing, Robert | 53 | 2004 | Chief Financial Officer, Executive Vice President |
| Salvador, Scot | 42 | 2004 | Executive Vice President, Chief Banking Officer of TrustCo and Trustco Bank |
| Leonard, Robert | 46 | 2006 | Vice President - Administration, Assistant Secretary of TrustCo and Trustco Bank |
| Poitras, Thomas | 46 | 2006 | Secretary of TrustCo and Trustco Bank |
| Parvis, Sharon | 58 | 2005 | Assistant Secretary; Assistant Secretary, Vice President of Trustco Bank |
| McCormick, Robert | 72 | 2009 | Director of TrustCo and Trustco Bank |
| Marinello, Anthony | 53 | 1999 | Director of TrustCo and Trustco Bank |
| Powers, William | 67 | 1995 | Director of TrustCo and Trustco Bank |
| Purdy, William | 74 | 1991 | Director of TrustCo and Trustco Bank |
| Lucarelli, Joseph | 68 | 1999 | Director of TrustCo and Trustco Bank |
| Maggs, Thomas | 64 | 2005 | Director of TrustCo and Trustco Bank |
| De Gennaro, Dennis | 2009 | Director |
Biographies
| Name | Description |
|---|---|
| McCormick, Robert | Mr. Robert J. McCormick is Chairman of the Board, President and Chief Executive Officer of TrustCo Bank Corp NY. Mr. McCormick has been President and Chief Executive Officer of TrustCo since January 2004, Chairman of TrustCo and Trustco Bank since November 2008. Executive Officer of TrustCo since 2001 and President and Chief Executive Officer of Trustco Bank since November 2002. Director of TrustCo and Trustco Bank since 2005. |
| Cushing, Robert | Mr. Robert T. Cushing is Executive Vice President and Chief Financial Officer of TrustCo Bank Corp NY, since January 2004, President, Chief Executive Officer and Chief Financial Officer of TrustCo from November 2002-December 2003. Executive officer of TrustCo and Trustco Bank since 1994. Joined TrustCo and Trustco Bank in 1994. |
| Salvador, Scot | Mr. Scot R. Salvador is Executive Vice President and Chief Banking Officer of TrustCo Bank Corp NY and Trustco Bank since January 2004. Executive officer of TrustCo and Trustco Bank since 2004. Joined Trustco Bank in 1995. |
| Leonard, Robert | Mr. Robert M. Leonard is Vice President - Administration, Assistant Secretary of TrustCo Bank Corp NY and Trustco Bank since 2006. Secretary of TrustCo and Trustco Bank 2003-2006, Administrative Vice President of TrustCo and Trustco Bank since 2004. Executive officer of TrustCo and Trustco Bank since 2003. Joined Trustco Bank in 1986. |
| Poitras, Thomas | Mr. Thomas M. Poitras is Secretary of TrustCo Bank Corp NY and Trustco Bank since 2006. Assistant Secretary of TrustCo and Trustco Bank since 2003, Vice President of Trustco Bank since 2001. Executive officer of TrustCo and Trustco Bank since 2005. Joined Trustco Bank in 1986. |
| Parvis, Sharon | Ms. Sharon J. Parvis is Assistant Secretary of TrustCo Bank Corp NY and Assistant Secretary, Vice President of Trustco Bank. She has been Assistant Secretary of TrustCo and Trustco Bank since 2005, Vice President of Trustco Bank since 1996. Executive officer of TrustCo and Trustco Bank since 2005. Joined Trustco Bank in 1987. |
| McCormick, Robert | Mr. Robert A. McCormick is Director of TrustCo Bank Corp NY. He resigned as Chairman of TrustCo Bank Corp NY, effective January 1, 2009. He was President and Chief Executive Officer of TrustCo and Trustco Bank 1984-2002 and Director of TrustCo and Trustco Bank since 1980. Mr. McCormick retired as an executive officer of TrustCo and Trustco Bank as of November 1, 2002. |
| Marinello, Anthony | Anthony J. Marinello, M.D., Ph.D., is Director of TrustCo Bank Corp NY and Trustco Bank since 1999. He is a Physician. |
| Powers, William | William D. Powers is Director of TrustCo Bank Corp NY and Trustco Bank since 1995. He is Partner, Powers & Company, LLC (consultants). |
| Purdy, William | William J. Purdy is Director of TrustCo Bank Corp NY and Trustco Bank since 1991. He is President, Welbourne & Purdy Realty, Inc. |
| Lucarelli, Joseph | Joseph A. Lucarelli is Director of TrustCo Bank Corp NY and Trustco Bank since 1999. He is President, Traditional Builders (residential home builder and developer). Former President, Bellevue Builders Supply, Inc. |
| Maggs, Thomas | Thomas O. Maggs is Director of TrustCo Bank Corp NY and Trustco Bank, since 2005. He is President, Maggs & Associates, The Business Brokers, Inc. (insurance broker). |
| De Gennaro, Dennis | Mr. Dennis De Gennaro is the Director of TrustCo Bank Corp NY. He is the President and Chief Executive Officer of Camelot Associates Corporation, Schenectady, New York, a developer of residential housing and light commercial properties. TrustCo has hired Camelot Associates Corporation for various construction projects. The total amount of such contracts, including payments to subcontractors, was approximately $600 thousand for 2009. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
| McCormick, Robert | 978,929 |
| Cushing, Robert | 831,162 |
| Salvador, Scot | 587,926 |
| Leonard, Robert | 160,200 |
| Poitras, Thomas | -- |
| Parvis, Sharon | 163,519 |
| McCormick, Robert | 1,022,280 |
| Marinello, Anthony | -- |
| Powers, William | -- |
| Purdy, William | -- |
| Lucarelli, Joseph | -- |
| Maggs, Thomas | -- |
| De Gennaro, Dennis | -- |
As Of 30 Dec 2008
Options Compensation
| Name | Options | Value |
|---|---|---|
| McCormick, Robert | 1,502,807 | 1,538,346 |
| Cushing, Robert | 1,245,013 | 2,228,199 |
| Salvador, Scot | 525,155 | 459,481 |
| Leonard, Robert | 59,100 | 93,764 |
| Poitras, Thomas | 0 | 0 |
| Parvis, Sharon | 95,528 | 313,746 |
| McCormick, Robert | 4,271,249 | 17,952,940 |
| Marinello, Anthony | 0 | 0 |
| Powers, William | 0 | 0 |
| Purdy, William | 0 | 0 |
| Lucarelli, Joseph | 0 | 0 |
| Maggs, Thomas | 0 | 0 |
| De Gennaro, Dennis | 0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
| MCCORMICK ROBERT J | 463 | $5.97 |
| MCCORMICK ROBERT J | 8,000 | $6.02 |
| MCCORMICK ROBERT J | 300 | $6.05 |
| MCCORMICK ROBERT J | 132 | $6.02 |
| MCCORMICK ROBERT J | 3,000 | $6.01 |
| MCCORMICK ROBERT J | 14,945 | $6.04 |
| SALVADOR SCOT R | 3,000 | $5.97 |
| MCCORMICK ROBERT A | 1,000 | $6.06 |
| POWERS WILLIAM D | 900 | $0.00 |
| DE GENNARO DENNIS A | 1,010 | $5.76 |
| MCCORMICK ROBERT A | 100 | $0.00 |
| CUSHING ROBERT T | 4,691 | $6.47 |
| MCCORMICK ROBERT A | 7,192 | $5.77 |
| MCCORMICK ROBERT A | 20,400 | $5.85 |
| MCCORMICK ROBERT A | 23,621 | $5.81 |
| MCCORMICK ROBERT A | 35,497 | $5.72 |
| MCCORMICK ROBERT J | 14,900 | $5.74 |
| MCCORMICK ROBERT A | 34,503 | $5.86 |
| MCCORMICK ROBERT J | 2,100 | $5.85 |
| POWERS WILLIAM D | 5,000 | $5.77 |
| SALVADOR SCOT R | 2,000 | $5.75 |
| MAGGS THOMAS O | 3,400 | $5.67 |
| LUCARELLI JOSEPH A | 28,690 | $6.23 |
| POWERS WILLIAM D | 5,000 | $6.95 |
| MAGGS THOMAS O | 1,800 | $6.88 |
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