---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-004288"
form_type: "8-K"
ticker: "FBP"
cik: "0001057706"
company_name: "FIRST BANCORP /PR/"
filed_at: "2026-02-09T23:59:59+00:00"
generated_at: "2026-05-16T03:48:20.642796+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# First BanCorp CFO Orlando Berges to retire June 30, 2026; Said Ortiz appointed successor

## Summary
- 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.

## SEC filing metadata
- accession: 0001140361-26-004288
- form_type: 8-K
- ticker: FBP
- cik: 0001057706
- company_name: FIRST BANCORP /PR/
- filed_at: 2026-02-09T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1057706/000114036126004288/0001140361-26-004288-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1057706/000114036126004288/ef20065079_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-004288
- JSON: https://secwatch.observer/filing/0001140361-26-004288.json
- Plain text: https://secwatch.observer/filing/0001140361-26-004288.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.