First Interstate BancSystem appoints Jeff Lee as EVP & COO; base salary $480K

FIRST INTERSTATE BANCSYSTEM INC

Employment agreement effective Sept 14, 2026; Lee named Executive VP and Chief Operations Officer of company and bank.
Base salary $480,000/year, payable biweekly, reviewed annually; eligible for incentive comp and benefits.
Severance without cause: 1x base salary plus 1x average bonus (prior 3 years), paid over 12 months; benefits 12 months.
On change in control termination: 2x base salary plus 2x target bonus plus pro-rata bonus, paid over 12 months; benefits 24 months.
12-month non-compete/non-solicitation; extends to 18 months after change in control.

item 5.02 item 9.01

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Appointed

Jeff Lee

Executive Vice President and Chief Operations Officer

FIBK · FIRST INTERSTATE BANCSYSTEM INC

Effective: 2026-09-14
Filed: September 16, 2026, 2:06 PM ET

With the execution of the Employment Agreement, the previously announced appointment of Mr. Lee as Executive Vice President and Chief Operations Officer of the Company and the Bank became effective.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Jeff Lee was appointed as Executive Vice President and Chief Operations Officer at FIRST INTERSTATE BANCSYSTEM INC.

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

Exact text from the filing

With the execution of the Employment Agreement, the previously announced appointment of Mr. Lee as Executive Vice President and Chief Operations Officer of the Company and the Bank became effective.

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FIRST INTERSTATE BANCSYSTEM INC filing history →

Source: SEC EDGAR

accession 0000860413-26-000092

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