leadership
confidence high
sentiment neutral
materiality 0.60
First Interstate COO Kristina Robbins terminated without cause; transitions to advisor role through Aug 2026
FIRST INTERSTATE BANCSYSTEM INC
- COO Kristina Robbins terminated without cause effective May 11, 2026; CEO James Reuter will assume COO duties until a successor is appointed.
- Robbins will serve as Executive Advisor to CEO through August 1, 2026, assisting with COO transition and strategic initiatives.
- During advisor period, Robbins retains current base salary, benefits, and accrues vacation; separation benefits contingent on not being terminated for cause.
- Separation benefits include 12 months pay equal to 1x base salary plus 1x average of prior 3 years annual incentive, plus 12 months health coverage.
item 5.02item 9.01