Financial Institutions, Inc. (FISI) Monday announced appointment of Kevin Klotzbach as its Chief Financial Officer and Executive Vice President in addition to his current role as treasurer, effective immediately.
Klotzbach replaces Karl Krebs, who served as the organization's CFO since October 2009, and will remain with the company to ensure an orderly transition.
In addition, the organization has appointed Michael Grover, CPA, to the newly established post of chief accounting officer.
Klotzbach previously served as SVP and treasurer of Five Star Bank, prior to which he was chief investment officer at Greater Buffalo Savings Bank. He has also held various positions with Key Bank, Empire Federal Savings Bank and Merrill Lynch Asset Management.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.