Auburn National Bancorporation, Inc. and AuburnBank announced that Bob Dumas to Remain Chairman and a Director, but Retire on December 31, 2022 as President. David Hedges, EVP and CFO to be named President effective January 1, 2023. James Walker, SVP and CAO to be named SVP effective January 1, 2023.

Mr. Dumas has provided vision and steady leadership through various economic cycles and change, including the significant growth of the Bank and the communities it serves. Mr. Dumas started with the Bank in 1984 and has held a number of leadership positions, including as President and Chief Executive Officer of the Bank since 2001 and the Company since 2017. Mr. Dumas was appointed Chairman of the Board of Directors of the Company and the Bank in January 2020, having served as Vice Chairman since 2013 and as a director of the Company since 2001 and the Bank since 1997.

Mr. Dumas developed a strong senior leadership team over the last two decades and worked closely with the board of directors to develop leadership depth and execute a succession plan that resulted in the Board's decision to name Mr. Hedges as his successor and to name Mr. Walker as CFO. Mr. Hedges was appointed Executive Vice President, Chief Financial Officer in December 2015. Previously, Mr. Hedges served in various other positions with the Company and the Bank since 2006, including serving as the Company's principal financial officer since 2007.

Before joining the Company, Mr. Hedges worked at KPMG LLP in their financial services audit practice from 2002 to 2006. Mr. Walker was appointed Senior Vice President and Chief Accounting Officer in December 2015 when he joined the Company. Before joining the Company, Mr. Walker worked at three accounting firms in his 20-year career, including KPMG LLP, where he focused on audits of financial services firms.