Orange County Bancorp, Inc. Announces New Board Chair Appointments

MIDDLETOWN, NY / ACCESSWIRE / June 30, 2022 / Orange County Bancorp, Inc. (the "Company") (NASDAQ:OBT), parent company of Orange Bank & Trust Co. (the "Bank") and Hudson Valley Investment Advisors, Inc. ("HVIA"), is pleased to announce the appointment of Jonathan Rouis as new board chair of both the Company's and Bank's board of directors effective June 17th, 2022. He assumes the position held for the past ten years by Lou Heimbach. The Company also announced the appointment of Richard Rowley as Chairman of the Board of HVIA effective April 26th, 2022.

Mr. Rouis, who has been a Company director since 2018, is a CPA and Equity Partner for RBT CPAs, an accounting, auditing, tax, and consulting firm. Prior to that he was the managing partner at Rouis & Company LLP CPAs. Mr. Rouis also served in the Sullivan County Legislature and as its Chairman. He holds a Bachelor of Business Administration in Accounting from St. Bonaventure University and is a member or past member of several professional and community organizations, including the Greater Hudson Valley Health Systems.

"Jonathan has been extremely active on the board, serving as Chair of the audit committee as well as a member of the Company's nominating and Corporate Governance, Compensation, and Executive Committees," said Lou Heimbach. "Jonathan's experience makes him uniquely qualified for this appointment and I look forward to continuing my board service under his leadership." Mr. Heimbach, who has been on the board since 1990, will continue as a Director of the Company.

"Jonathan has proven leadership skills and first-hand local business knowledge," added Michael Gilfeather, President and CEO of Orange Bank & Trust. "He has been a tremendously valuable asset to the board over the last four years and we are confident that as board chair his support of our growth and efforts to remain the region's premier bank for business and wealth management will continue."

"Over the years I have witnessed and helped facilitate remarkable growth and performance of the Bank" said Mr. Rouis. "Working with these highly accomplished bankers and board members has been extraordinary and I look forward to continuing to collaborate with this great team as board chair."

Mr. Rowley, who has served on the board of the Company and the Bank since 2009, is an entrepreneur with an extensive background in construction and building supplies. He was the CEO and owner of Rowley Building Products and currently serves as President of Libertyville Capital Group and Rowley Development Corp.