Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
(d) On January 19, 2021, the Board of Directors of Pioneer Bancorp, Inc. (the
"Company") appointed Stacy Hengsterman to the Company's Board of Directors. Ms.
Hengsterman is the President and Chief Executive Officer of Special Olympics New
York, the largest Special Olympics Chapter in the United States. Special
Olympics New York serves more than 67,000 athletes including both children and
adults with intellectual disabilities.
There were no understandings or arrangements with any person regarding this
appointment to the Board of the Company. Ms. Hengsterman has not participated in
any transactions with the Company that, in the aggregate, exceed $120,000. The
Board anticipates appointing Ms. Hengsterman to the Nominating and Corporate
Governance Committee of the Board.
The Boards of Trustees/Directors of Pioneer Bancorp, MHC (the Company's majority
stockholder) and Pioneer Bank also appointed Ms. Hengsterman to their respective
boards.
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