Displaying items by tag: Charles V Wait

SARATOGA SPRINGS —
 The Saratoga Springs High School Hall of Distinction will honor two outstanding individuals for their extraordinary professional accomplishments at the 2018 Academic Awards and Hall of Distinction Recognition Night at 6:30 p.m. Wednesday, May 23, in the Loewenburg Auditorium at Saratoga Springs High School. The 5th Annual Hall of Distinction inductees are Susan Pasmik Allerdice and Charles V. Wait. The Hall of Distinction was established to recognize and celebrate the accomplishments of outstanding graduates of Saratoga Springs High School who have made exceptional contributions and excelled in their chosen fields. The distinguished alumni named to the Hall of Distinction represent an extraordinary range of personal and professional achievements. Their accomplishments serve as an inspiration for our current students in their motivation to attain their aspirations. Current students will be receiving scholarships and academic awards. The particulars of the various honors presented to our students will be provided at the May 23rd ceremony.

• SUSAN PASMIK ALLERDICE:
Mrs. Susan Pasmik Alleridice graduated from Saratoga Springs High School with the class of 1964.  She graduated from Mary McClellan School of Nursing, Cambridge, New York as a Licensed Practical Nurse. Mrs. Allerdice worked at Saratoga Hospital for 15 ½ years on the maternity unit.  She left nursing to raise a family and become the bookkeeper for her husband’s welding business and crane service.  In the fall of 1982, she and her husband purchased Millman & Hall Lumber Company, which became Allerdice Building Supply, Inc.  That company expanded to include a commercial door business, glass and mirror business, Allerdice Hardware in Milton and Allerdice Hardware in Malta.  She is currently president of Allerdice Building Supply, Inc. Mrs. Allerdice served on the Wesley Foundation board. She is currently a trustee of the Saratoga County Historical Society (Brookside Museum) board, on the committee for Yaddo summer benefit and a member of the Flower and Fruit Mission of Saratoga Hospital. Mrs. Allerdice is married to Wallace Allerdice, Jr., and they have two sons, Wallace Allerdice, III and William Allerdice.  All members of the family graduated from Saratoga Springs High School.

• CHARLES V. WAIT:
Charles V. Wait, class of 1969, was born in 1951 and is a graduate of Cornell University.  Mr. Wait began his banking career with The Adirondack Trust Company in 1974.  In 1982 he was elected as a Director, 1984 as President and in 1989 as Chairman of the Board and CEO.  Currently, Mr. Wait serves as Chairman of the Board. Mr. Wait is a Director of the New York Bankers Association, Saratoga County Prosperity Partnership, Victaulic Inc. and Museum of American Finance. He is a member of The Economic Club of New York, The Lake George Club, The Saratoga Golf and Polo Club, The New York Athletic Club and The New York Yacht Club. Mr. Wait is a recipient of an Honorary Doctorate of Humane Letters from SUNY Empire State College in Saratoga Springs. Other awards include the Denis B. Kemball Cook Award and the Lucy Skidmore Scribner Award, both from Skidmore College, the Outstanding Business Leader Award from Northwood University and the Private Sector Initiative Award from President Ronald Reagan.  He is a Paul Harris Fellow of Rotary International. Mr. Wait was chairman of the Saratoga 150 Committee, Saratoga Performing Arts Center and the New York Bankers Association. Mr. Wait served as a Director of the Federal Reserve Bank of New York from 2003 through 2011 and was Chairman of the Audit Committee from 2007 through 2010.  Mr. Wait has also held positions on the board of Skidmore College, Empire State College Foundation, New York Business Development Corporation, New York Racing Association and the Yaddo Corporation. He is an accomplished sailor having completed the Newport to Bermuda Race and was a crew member aboard the Pride of Baltimore, II on her 2005 Transatlantic Crossing.  He has also completed two New York City Marathons. Mr. Wait is married with three grown children and two grandchildren.  He and his wife Candace reside in Saratoga Springs, New York.