{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-002536","form_type":"8-K","ticker":"FBP","cik":"0001057706","company_name":"FIRST BANCORP /PR/","filed_at":"2025-01-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.829324+00:00","generated_at":"2026-05-27T04:31:45.785240+00:00","sec_items":["5.02","8.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"First BanCorp reorganizes; two EVPs retiring, new Chief Consumer Officer named","bullets":["Cassan Pancham (EVP, Business Group Executive) retires May 15, 2025; oversees Mortgage, Insurance, Eastern Caribbean.","Carlos Power (EVP, Business Group Executive) retires May 2, 2025; oversees Unsecured Consumer Lending, Auto, Leasing.","Nayda Rivera promoted to EVP & Chief Consumer Officer effective April 1, 2025; also named Corporate Chief of Staff.","Sara Alvarez adds Regulatory Compliance and BSA oversight; Juan Carlos Pavia adds Portfolio Risk Management.","Myrna Rivera appointed SVP Division Director and Chief Risk Officer, reporting to CFO and Risk Committee."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-002536","json":"https://secwatch.observer/filing/0001140361-25-002536.json","markdown":"https://secwatch.observer/filing/0001140361-25-002536.md","text":"https://secwatch.observer/filing/0001140361-25-002536.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1057706/000114036125002536/0001140361-25-002536-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1057706/000114036125002536/ef20042639_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T04:31:45.785240+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5b49ce093b","claim":"Cassan Pancham departed as Executive Vice President and Business Group Executive at FIRST BANCORP /PR/.","evidence_excerpt":"Cassan Pancham, Executive Vice President and Business Group Executive, will retire from his position at the Corporation effective May 15, 2025.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1057706/000114036125002536/0001140361-25-002536-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retire"},{"label":"Role","value":"Executive Vice President and Business Group Executive"}],"fact_type":"executive_change"},{"claim_id":"91ce1686ff","claim":"Nayda Rivera changed role as Chief Consumer Officer and Corporate Chief of Staff at FIRST BANCORP /PR/.","evidence_excerpt":"Nayda Rivera, Executive Vice President and Chief Risk Officer, will be promoted to Chief Consumer Officer and Corporate Chief of Staff effective April 1, 2025.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1057706/000114036125002536/0001140361-25-002536-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"promoted"},{"label":"Role","value":"Chief Consumer Officer and Corporate Chief of Staff"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}