---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-029410"
form_type: "8-K"
ticker: "FFIN"
cik: "0000036029"
company_name: "FIRST FINANCIAL BANKSHARES INC"
filed_at: "2026-01-29T23:59:59+00:00"
generated_at: "2026-05-16T06:39:38.065013+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# First Financial promotes David Bailey to CEO; Dueser becomes Executive Chairman

## Summary
- David Bailey, age 42, named President and CEO of First Financial Bankshares and First Financial Bank, effective February 1, 2026.
- Bailey has 22 years with the company, rising from teller to President; served as President since Jan 2025.
- F. Scott Dueser transitions to Executive Chairman through 2028 annual meeting under a transition agreement.
- Dueser's base salary set at $1.105M in 2026, $772,500 in 2027, $400,000 in 2028; eligible for equity awards and incentive bonuses.
- Outgoing CEO Dueser will serve in an advisory role and report to the board during the transition period.

## SEC filing metadata
- accession: 0001193125-26-029410
- form_type: 8-K
- ticker: FFIN
- cik: 0000036029
- company_name: FIRST FINANCIAL BANKSHARES INC
- filed_at: 2026-01-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/36029/000119312526029410/0001193125-26-029410-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/36029/000119312526029410/ffin-20260127.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-029410
- JSON: https://secwatch.observer/filing/0001193125-26-029410.json
- Plain text: https://secwatch.observer/filing/0001193125-26-029410.txt

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