David S. DeMarco, age 63, is President and Chief Executive Officer of Arrow Financial Corporation and Arrow Bank. Mr. DeMarco joined the Company in 1987 as a commercial lender and since that time has served in positions of increasing responsibility within the organization. In 2012, he was named President and CEO of Saratoga National Bank, now named Arrow Bank. In May 2023, he was named President and CEO of the Company and Glens Falls National Bank, now named Arrow Bank. He holds a bachelor’s degree in finance from the University of Texas at Austin. Mr. DeMarco is a graduate of the Adirondack Regional Chamber of Commerce’s Leadership Program and the Stonier Graduate School of Banking. He serves as a Director of Arrow Financial Corporation and Arrow Bank and sits on the boards of various non-profits dedicated to healthcare and economic development.