First Interstate appoints Lorrie Asker as Chief Banking Officer

FIRST INTERSTATE BANCSYSTEM INC

Asker named EVP and Chief Banking Officer effective Aug 24, 2023; had served as interim CBO since Feb 2023.
Base salary of $440,000; eligible for incentives, bonuses, and long-term equity awards.
Employment agreement includes one-year initial term with automatic renewal; severance terms for change-in-control up to 2x base plus target bonus.
Asker oversees retail and commercial banking across First Interstate's 14-state footprint.
30-year banking veteran; previously Rocky Mountain Regional President since 2019.

item 5.02 item 9.01

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Appointed

Lorrie Asker

Executive Vice President and Chief Banking Officer

FIBK · FIRST INTERSTATE BANCSYSTEM INC

Effective: 2023-08-24
Filed: August 28, 2023, 7:59 PM ET

Effective August 24, 2023 (the “Effective Date”), Ms. Lorrie Asker, age 55, has formally been appointed as the Executive Vice President and Chief Banking Officer.

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Executive change SEC 8-K Item 5.02 confidence 1.0

Lorrie Asker was appointed as Executive Vice President and Chief Banking Officer at FIRST INTERSTATE BANCSYSTEM INC.

Action: appointed
Role: Executive Vice President and Chief Banking Officer

Exact text from the filing

Effective August 24, 2023 (the “Effective Date”), Ms. Lorrie Asker, age 55, has formally been appointed as the Executive Vice President and Chief Banking Officer.

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Source: SEC EDGAR

accession 0000860413-23-000174

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