---
schema_version: "secwatch.filing_event.v1"
accession: "0001552781-23-000473"
form_type: "8-K"
ticker: "FCCO"
cik: "0000932781"
company_name: "FIRST COMMUNITY CORP /SC/"
filed_at: "2023-12-14T23:59:59+00:00"
generated_at: "2026-06-07T13:17:44.741256+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001552781-23-000473
- form_type: 8-K
- ticker: FCCO
- cik: 0000932781
- company_name: FIRST COMMUNITY CORP /SC/
- filed_at: 2023-12-14T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/932781/000155278123000473/0001552781-23-000473-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/932781/000155278123000473/e23489_fcco-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552781-23-000473
- JSON: https://secwatch.observer/filing/0001552781-23-000473.json
- Plain text: https://secwatch.observer/filing/0001552781-23-000473.txt

## Key facts
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/932781/000155278123000473/0001552781-23-000473-index.htm
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/932781/000155278123000473/0001552781-23-000473-index.htm

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