People: Trustco Bank Corp (TRST.O)

TRST.O on Nasdaq

5.60USD
9 Feb 2010
Price Change (% chg)

$0.03 (+0.54%)
Prev Close
$5.57
Open
$5.63
Day's High
$5.69
Day's Low
$5.52
Volume
305,181
Avg. Vol
367,189
52-wk High
$7.63
52-wk Low
$4.71

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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

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
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