First Interstate BancSystem announces CFO succession; Mutch to retire, Della Camera to succeed on June 1, 2025

FIRST INTERSTATE BANCSYSTEM INC

Marcy D. Mutch to retire as CFO effective May 31, 2025; will serve as executive advisor through Dec 2025 and consultant through Dec 2026.
David P. Della Camera, current Deputy CFO, appointed CFO effective June 1, 2025; also will be principal financial/accounting officer.
Della Camera's compensation: $500k base salary, 70% STI target, 70% LTI target, per Compensation Committee.
Mutch's transition agreement includes prorated incentive, base salary continuation through Transition Period, and $860k RSU grant for consulting period.
Mutch served as CFO for over a decade, including during 2010 IPO; Della Camera joined in 2021 and has held senior finance roles.

item 5.02 item 7.01 item 9.01

Executive movements

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Departed

Marcy D. Mutch

Chief Financial Officer

FIBK · FIRST INTERSTATE BANCSYSTEM INC

Effective: 2025-05-31
Successor: David P. Della Camera
Filed: February 25, 2025, 6:59 PM ET

On February 20, 2025, Marcy D. Mutch notified First Interstate BancSystem, Inc. (the “Company”) of her intention to retire as a full-time employee at the end of 2025 and to step down after a transition period as the Company’s Executive Vice President and Chief Financial Officer (“CFO”) effective May 31, 2025 (the “Retirement”).

Appointed

David P. Della Camera

Chief Financial Officer

FIBK · FIRST INTERSTATE BANCSYSTEM INC

Filed: February 25, 2025, 6:59 PM ET

her announced successor, the Company’s current Deputy Chief Financial Officer, David P. Della Camera.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Marcy D. Mutch retired as Chief Financial Officer at FIRST INTERSTATE BANCSYSTEM INC.

Action: retired
Role: Chief Financial Officer

Exact text from the filing

On February 20, 2025, Marcy D. Mutch notified First Interstate BancSystem, Inc. (the “Company”) of her intention to retire as a full-time employee at the end of 2025 and to step down after a transition period as the Company’s Executive Vice President and Chief Financial Officer (“CFO”) effective May 31, 2025 (the “Retirement”).

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.7

David P. Della Camera was appointed as Chief Financial Officer at FIRST INTERSTATE BANCSYSTEM INC.

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

her announced successor, the Company’s current Deputy Chief Financial Officer, David P. Della Camera.

View on SEC.gov

FIRST INTERSTATE BANCSYSTEM INC filing history →

Source: SEC EDGAR

accession 0000860413-25-000015

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