---
schema_version: "secwatch.filing_event.v1"
accession: "0000860413-23-000174"
form_type: "8-K"
ticker: "FIBK"
cik: "0000860413"
company_name: "FIRST INTERSTATE BANCSYSTEM INC"
filed_at: "2023-08-28T23:59:59+00:00"
generated_at: "2026-06-11T03:15:12.557234+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# First Interstate appoints Lorrie Asker as Chief Banking Officer

## Summary
- 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.

## SEC filing metadata
- accession: 0000860413-23-000174
- form_type: 8-K
- ticker: FIBK
- cik: 0000860413
- company_name: FIRST INTERSTATE BANCSYSTEM INC
- filed_at: 2023-08-28T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/860413/000086041323000174/0000860413-23-000174-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/860413/000086041323000174/fibk-20230824.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000860413-23-000174
- JSON: https://secwatch.observer/filing/0000860413-23-000174.json
- Plain text: https://secwatch.observer/filing/0000860413-23-000174.txt

## Key facts
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/860413/000086041323000174/0000860413-23-000174-index.htm

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