First Citizens appoints Matt Snow to board effective Jan. 2, 2025; audit committee member

FIRST CITIZENS BANCSHARES INC /DE/

Snow, age 60, is chairman of governing board at Forvis Mazars; expected to retire in May 2025.
He will serve on audit and trust committees; no arrangements with any person for selection.
Forvis Mazars provided ~$0.6M in services since 2023; no services during Snow's directorship.
Board determined Snow independent under Nasdaq rules; compensation prorated per standard policy.
Snow has 30+ years of experience including CEO of DHG and audit partner at KPMG.

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