secwatch.observer — SEC 8-K summary
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Issuer:     FIRST FINANCIAL BANKSHARES INC (FFIN)
CIK:        0000036029
Form:       8-K
Filed at:   2023-01-11T23:59:59+00:00
Accession:  0000950170-23-000667
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Financial Bankshares names Michelle Hickox CFO; James Gordon resigns
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- Michelle S. Hickox appointed EVP and CFO effective Jan 9, 2023; base salary $620,000 plus $50,000 signing bonus.
- Hickox previously CFO of Independent Financial Group (IBTX) from 2012-2022; led IBTX IPO and 10 acquisitions.
- James R. Gordon resigned as CFO effective Jan 9, 2023 to pursue other opportunities; no disagreement with company.
- Gordon eligible for $244,900 cash, acceleration of 2,392 unvested RSAs, $45,183 SERP contribution, and $15,393 COBRA payment.
- Gordon will serve as consultant to assist transition; separation tied to release of claims and restrictive covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/36029/000095017023000667/0000950170-23-000667-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/36029/000095017023000667/ffin-20230109.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-000667

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