AI brief of an SEC Form 8-K · NBT Bancorp (NBTB)

NBT Bancorp names Scott Kingsley CEO, Annette Burns CFO; sets $0.32 dividend

Neutral Impact 4 of 5 leadership Written later

NBT Bancorp completed its leadership transition on May 21, 2024, with Scott A. Kingsley succeeding John H. Watt, Jr. as President and Chief Executive Officer. The company also signed new employment agreements with Kingsley, Annette L. Burns (Chief Financial Officer) and Joseph R. Stagliano, and said Watt will retire on January 31, 2025. The filing also reports shareholder approval of directors, pay and a 2024 incentive plan, and a second-quarter dividend of $0.32 per share.

Key points

  • Kingsley became President and CEO on May 21, 2024; he was also elected to the Board, and Watt moves to an advisory role until he retires on January 31, 2025
  • Kingsley's annual base salary is $800,000; Burns's is $400,000; Stagliano's is $530,000
  • Shareholders approved the 2024 Omnibus Incentive Plan and the advisory vote on executive pay at the May 21, 2024 Annual Meeting
  • Board approved a second-quarter cash dividend of $0.32 per share, payable June 17, 2024 to holders of record on June 3, 2024

The filing

CompanyNBT Bancorp (NBTB)
Form8-K, current report
Filed with the SECMay 22, 2024, 4:46 PM ET
Accession number0001140361-24-027174

Items reported: 5.02 Director / Officer Change5.07 Shareholder Vote Results7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 22, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.