Arrow Financial Corp. announced the promotion of Marc Yrsha to chief banking officer for its two subsidiary banks, Glens Falls National Bank and Trust Co. and Saratoga National Bank and Trust Co.
Yrsha retains his position as executive vice president and will assume all chief banking officer responsibilities for the banks.
He joined the company in 2015 and currently oversees retail banking, which includes retail, consumer, business and municipal banking, as well as small business and home equity lending. As chief banking officer, Yrsha succeeds Dave DeMarco, who was promoted to president and CEO of Arrow in May.
Yrsha is active in the community and currently serves as chair of the Adirondack Regional Chamber of Commerce. He is also a member of the Council of Business Advisors for the Lake George Association, Warren County Local Development Corporation and Lake George Regional Planning Board loan review committees.
He is a graduate of Castleton State University and the Adirondack Regional Chamber of Commerce Leadership Class of 2013. Marc and his family currently live in Queensbury.
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Roohan Realty announce that Megan Brenenstuhl has joined the team as a licensed real estate salesperson.
Brenenstuhl was born and raised outside of Lexington, Ky., and went on to pursue sales, marketing, and event planning opportunities in the outdoor recreation industry in places like New Zealand, Key Largo, Virginia, Vermont, and Colorado.
She and her family reside in Saratoga Springs.
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Saratoga National Bank and Trust Co. announced the appointment of Nick Zarrelli as assistant vice president, business banking relationship manager.
Zarrelli will be responsible for maintaining, growing and servicing the company’s small business loan portfolio and growing relationships with longtime customers.
He joined the bank in 2016 and will continue to work closely with branch staff and business partners to offer commercial banking and lending products and services to enhance the customer experience.
The Guilderland native attended SUNY Oneonta where he received his bachelor’s degree. He later earned a master’s degree from The College of Saint Rose.
Zarrelli serves as vice president of the board of directors for the Epilepsy Foundation Northeastern New York and is a board member of South Colonie Girls Softball. He is also a Capital Region Chamber Ambassador and serves on the Next Generation Leadership Council for the Eastern Contractors Association.
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NBT Bank has welcomed Brendan Baxter as senior vice president for public sector business development. Baxter is based at NBT’s Capital Region Financial Center in Albany.
In this new role, Baxter collaborates with government banking, commercial banking, treasury management and other business partners at NBT Bank to serve the unique customer needs of government entities and public and private higher education institutions.
Baxter comes to NBT Bank with more than 15 years of government experience, including the last 10 years at KeyBank. During that time, he was responsible for managing a portfolio of municipal clients, and navigating complex relationships across New York and New England, including major state agencies and many large cities and counties.
He earned a bachelor’s degree from Syracuse University and is a FINRA-licensed public finance banker.
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aptihealth, a tech-driven behavioral healthcare provider based in Saratoga Springs, announced that Chris Betz has joined the organization as chief technology officer.
Most recently, Betz was senior director of software engineering at Brightside Health where he led a team of over 30 engineers and engineering managers—driving mental health software development, EHR initiatives, strategic technology decisions, and third-party software integration. Prior to that, he served as CTO at New Ocean Health, overseeing the creation of a suite of software products, and playing an essential role in shaping the company’s vision and strategy.
Betz joins aptihealth at a time of significant growth, having served over 15,000 patients for leading national and regional health plans. aptihealth expects to more than double its patients in 2023, with a majority covered by value-based care contracts.
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Pat McGowan has been named chief operating officer at CEFO Advisors in Saratoga Springs.
Also, Kevin Bergeron has been promoted to chief financial officer and Kim Butler has been promoted to director of accounting services.
McGowan will be responsible for business development, project and client management, and various internal initiatives that will allow for the future growth of CEFO Advisors.
McGowan joined CEFO Advisors in July 2022 as a fractional CFO. He has more than 30 years of experience as a finance and operations professional working with companies including Fidelity Investments, Informz, Six Flags Great Escape and Resort, and Construction Industry Solutions.
He earned his undergraduate degree from SUNY Cortland and his MBA from Bentley University and in 2014 was named one of the Capital District’s CFOs of the year by the Albany Business Review.
Bergeron joined CEFO Advisors in August 2022 as a controller. He has more than 13 years of professional experience in the accounting and finance fields with an expertise in construction and real estate. His experience includes CFO roles in both the real estate and hospitality industries in North Carolina.
He earned his undergraduate degree from UNC Wilmington, and his MS in Accounting, and MBA from the Cameron School of Business at UNC Wilmington.
Butler will advance the capacity and capabilities of the accounting and bookkeeping staff through enhanced professional training and process enhancements.
Butler joined CEFO Advisors in July 2021 as the manager of accounting services. She has more than 23 years of professional experience in accounting and management. Prior to working for CEFO Advisors, Butler worked for Rutnik & Co. PC, where she began as a staff accountant in 2000 and served in various positions of increasing responsibility and leadership.