---
schema_version: "secwatch.filing_event.v1"
accession: "0000811589-26-000055"
form_type: "8-K"
ticker: "FBNC"
cik: "0000811589"
company_name: "FIRST BANCORP /NC/"
filed_at: "2026-03-02T23:59:59+00:00"
generated_at: "2026-05-15T22:55:29.410852+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000811589-26-000055
- form_type: 8-K
- ticker: FBNC
- cik: 0000811589
- company_name: FIRST BANCORP /NC/
- filed_at: 2026-03-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/811589/000081158926000055/0000811589-26-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/811589/000081158926000055/fbnc-20260228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000811589-26-000055
- JSON: https://secwatch.observer/filing/0000811589-26-000055.json
- Plain text: https://secwatch.observer/filing/0000811589-26-000055.txt

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