home · filing · 0000811589-24-000039
8-K
filed May 17, 2024, 7:59 PM ET
ticker FBNC
CIK 0000811589
leadership
confidence high
sentiment neutral
materiality 0.35
First Bancorp names Christian Wilson EVP/COO, Brent Hicks EVP/CAO
FIRST BANCORP /NC/
Wilson (age 43) appointed EVP and COO of First Bank; base salary $375,000, initial restricted stock award $150,000.
Hicks (age 52) appointed EVP and Chief Accounting Officer; base salary $300,000, initial restricted stock $50,000.
Wilson eligible for Annual Incentive Plan with target bonus up to 30% of base, paid half cash/half stock vesting over 3 years.
Hicks eligible for target bonus up to 20% of base (cash in 2024, then half cash/half stock vesting 3 years).
Hicks entered Change in Control Agreement: cash payment equal to base salary if terminated w/o cause within 1 yr of change of control.
Executive movements
Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements .
Effective 2024-05-13
Filed May 17, 2024, 7:59 PM ET
Brent Hicks (age 52) was named Executive Vice President and Chief Accounting Officer of the Company and the Bank
Effective 2024-05-13
Filed May 17, 2024, 7:59 PM ET
on May 13, 2024, Christian Wilson (age 43) was named Executive Vice President and Chief Operating Officer of the Bank
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Brent Hicks was appointed as Executive Vice President and Chief Accounting Officer at FIRST BANCORP /NC/.
Action appointed
Role Executive Vice President and Chief Accounting Officer
Exact text from the filing
Brent Hicks (age 52) was named Executive Vice President and Chief Accounting Officer of the Company and the Bank
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Christian Wilson was appointed as Executive Vice President and Chief Operating Officer at FIRST BANCORP /NC/.
Action appointed
Role Executive Vice President and Chief Operating Officer
Exact text from the filing
on May 13, 2024, Christian Wilson (age 43) was named Executive Vice President and Chief Operating Officer of the Bank
View on SEC.gov
Source: SEC EDGAR
accession 0000811589-24-000039
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