First Community names J. Ted Nissen CEO of bank unit; board seat effective July 2024

FIRST COMMUNITY CORP /SC/

J. Ted Nissen promoted to CEO of First Community Bank effective July 1, 2024; joins boards of company and bank.
Nissen receives $425,000 annual salary; remains President of the bank.
Michael C. Crapps continues as CEO and President of the holding company; focuses on governance and strategy.
Drew Painter and Vaughan Dozier promoted to EVP Co-Chief Commercial and Retail Banking Officers effective Jan 1, 2024.
Painter (20 yrs) and Dozier (15 yrs) each previously Regional Market Presidents and SC Bankers Assoc. Young Banker of the Year.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

J. Ted Nissen

Chief Executive Officer of the Bank

FCCO · FIRST COMMUNITY CORP /SC/

Effective: 2024-07-01
Filed: December 14, 2023, 6:59 PM ET

On December 14, 2023, First Community Corporation (the “Company”) and its wholly owned subsidiary, First Community Bank (the “Bank”) announced that J. Ted Nissen will become Chief Executive Officer of the Bank and a director of the Company and the Bank effective July 1, 2024.

Appointed

J. Ted Nissen

Director of the Company and the Bank

FCCO · FIRST COMMUNITY CORP /SC/

Effective: 2024-07-01
Filed: December 14, 2023, 6:59 PM ET

Effective July 1, 2024, the Board will expand to 13 directors and appoint Mr. Nissen as a director of the Company and the Bank to fill such vacancy.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

J. Ted Nissen was appointed as Chief Executive Officer of the Bank at FIRST COMMUNITY CORP /SC/.

Action: become
Role: Chief Executive Officer of the Bank

Exact text from the filing

On December 14, 2023, First Community Corporation (the “Company”) and its wholly owned subsidiary, First Community Bank (the “Bank”) announced that J. Ted Nissen will become Chief Executive Officer of the Bank and a director of the Company and the Bank effective July 1, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

J. Ted Nissen was appointed as Director of the Company and the Bank at FIRST COMMUNITY CORP /SC/.

Action: appoint
Role: Director of the Company and the Bank

Exact text from the filing

Effective July 1, 2024, the Board will expand to 13 directors and appoint Mr. Nissen as a director of the Company and the Bank to fill such vacancy.

View on SEC.gov

FIRST COMMUNITY CORP /SC/ filing history →

Source: SEC EDGAR

accession 0001552781-23-000473

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