First Bancorp President and First Bank CEO Michael G. Mayer retires, remains director

FIRST BANCORP /NC/

Michael G. Mayer retired as President of First Bancorp and CEO of First Bank effective February 28, 2026.
Mayer will continue to serve as a director on the boards of both First Bancorp and First Bank.
Retirement is part of the company's succession plan; no successor has been announced.
Richard H. Moore remains CEO of First Bancorp.

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