UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) May 8, 2006
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Tompkins Trustco, Inc.
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(Exact Name of Registrant as specified in Charter)
New York 1-12709 16-1482357
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
The Commons, PO Box 460, Ithaca, New York 14851
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (607) 273-3210
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(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17CFR
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[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17CFR 240.13e-4(c))
Section 5 - Corporate Governance and Management
Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers
Tompkins Trustco, Inc. held its Annual Meeting of the Shareholders in
Ithaca, NY on May 8, 2006. At the meeting Mr. James J. Byrnes, Chairman of the
Board of Directors and Chief Executive Officer of Tompkins Trustco, Inc.
announced, consistent with the Company's previously announced succession plan,
that he intends to retire from his position as Chief Executive Officer on
December 31, 2006.
Under the succession plan previously announced in December 2005, Byrnes,
will retire from the role of Chief Executive Officer as of January 1, 2007 and
will continue as Chairman of the Board. Stephen S. Romaine, current President
and Chief Executive Officer of Tompkins' subsidiary, Mahopac National Bank, has
been named as Byrnes' replacement as CEO of Tompkins Trustco, Inc.
Under the succession plan, James W. Fulmer will be appointed a Vice
Chairman of the Board of Tompkins Trustco, effective January 1, 2007. Fulmer
will also continue to serve as Chairman, President and Chief Executive Officer
of The Bank of Castile. Stephen E. Garner, who succeeded Mr. Byrnes as President
and CEO of Tompkins Trust Company in 2003, will continue in that role as head of
Tompkins Trustco's largest subsidiary.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
TOMPKINS TRUSTCO, INC.
Date: May 12, 2006 By: /s/ JAMES J. BYRNES
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James J. Byrnes
Chairman and CEO