secwatch.observer — SEC 8-K summary
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Issuer:     FIRST INTERSTATE BANCSYSTEM INC (FIBK)
CIK:        0000860413
Form:       8-K
Filed at:   2024-10-09T23:59:59+00:00
Accession:  0000860413-24-000125
Event type: leadership
Sentiment:  positive
Materiality: 0.75
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Interstate appoints James Reuter as President and CEO effective Nov 1, 2024
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- James Reuter named President and CEO effective November 1, 2024, succeeding Kevin Riley.
- Reuter previously President and CEO of FirstBank, growing assets from $17B to $28B.
- Employment agreement includes $1M base salary and $2M sign-on long-term incentive grant.
- Kevin Riley will serve as Special Advisor to the Board Chair through January 1, 2025.
- Reuter brings 37+ years of banking experience; Board cites strong strategic and cultural fit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/860413/000086041324000125/0000860413-24-000125-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/860413/000086041324000125/fibk-20241009.htm
  HTML page:      https://secwatch.observer/filing/0000860413-24-000125

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer