---
schema_version: "secwatch.filing_event.v1"
accession: "0000798941-24-000003"
form_type: "8-K"
ticker: "FCNCA"
cik: "0000798941"
company_name: "FIRST CITIZENS BANCSHARES INC /DE/"
filed_at: "2024-01-16T23:59:59+00:00"
generated_at: "2026-06-06T23:38:46.420628+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# First Citizens appoints Gregory L. Smith as Chief Information & Operations Officer

## Summary
- Smith, former TD Bank executive, joins as CIOO effective Jan 9, 2023? reported Jan 16, 2024.
- Base salary $600k, signing bonus $100k, long-term cash payments $100k each in 2025-2027.
- Performance bonuses up to $1.8M per year for 2024 and 2025 based on strategic objectives.
- LTIP target award 300% of base salary for 2024-2026 period; relocation package $50k.
- Reports to CEO Frank B. Holding Jr.; oversees technology, operations, cyber, data.

## SEC filing metadata
- accession: 0000798941-24-000003
- form_type: 8-K
- ticker: FCNCA
- cik: 0000798941
- company_name: FIRST CITIZENS BANCSHARES INC /DE/
- filed_at: 2024-01-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/798941/000079894124000003/0000798941-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/798941/000079894124000003/fcnca-20240116.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000798941-24-000003
- JSON: https://secwatch.observer/filing/0000798941-24-000003.json
- Plain text: https://secwatch.observer/filing/0000798941-24-000003.txt

## Key facts
- Executive change
  Gregory L. Smith was appointed as Chief Information & Operations Officer at FIRST CITIZENS BANCSHARES INC /DE/.
  - Action: appointed
  - Role: Chief Information & Operations Officer
  source text: On January 16, 2024, First Citizens BancShares, Inc. (“BancShares”) announced the appointment of Gregory L. Smith, age 59, to the position of Chief Information & Operations Officer, effective January 9, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/798941/000079894124000003/0000798941-24-000003-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.