leadership
confidence high
sentiment neutral
materiality 0.65
First BanCorp CFO Orlando Berges to retire June 30, 2026; Said Ortiz appointed successor
FIRST BANCORP /PR/
- Orlando Berges retires as EVP & CFO after ~17 years; expects consulting agreement post-retirement.
- Said Ortiz, currently SVP & Chief Accounting Officer, becomes EVP & CFO effective July 1, 2026.
- Ortiz, age 40, has 19+ years of experience; previously at Ernst & Young and KPMG; CPA.
- Berges and Ortiz will work together to ensure a seamless transition through mid-2026.