First Bank Appoints New Chief Executive Officer
First Bancorp (NASDAQ: FBNC) has announced the promotion of G. Adam Currie from President to Chief Executive Officer of First Bank. Currie will succeed Michael G. Mayer, who will remain as President of First Bancorp until early 2026. This transition is part of a long-planned succession strategy.
Currie, who has served as President since November 2023, previously held positions as Chief Banking Officer and Regional President. His experience includes roles at PNC Capital Markets and RBC Bank. The company, headquartered in Southern Pines, North Carolina, operates 113 branches across North and South Carolina, with total assets of approximately $12.2 billion.
As part of the transition, First Bancorp has entered into an Amended and Restated Employment Agreement with Mayer and a new Employment Agreement with Christian Wilson as Chief Operating Officer, both effective February 7, 2025.
First Bancorp (NASDAQ: FBNC) ha annunciato la promozione di G. Adam Currie da Presidente a Amministratore Delegato di First Bank. Currie succederà a Michael G. Mayer, che rimarrà Presidente di First Bancorp fino all'inizio del 2026. Questa transizione fa parte di una strategia di successione pianificata da tempo.
Currie, che ha ricoperto il ruolo di Presidente da novembre 2023, ha precedentemente occupato posizioni come Chief Banking Officer e Presidente Regionale. La sua esperienza include ruoli presso PNC Capital Markets e RBC Bank. L'azienda, con sede a Southern Pines, North Carolina, opera 113 filiali in North e South Carolina, con un totale attivo di circa $12,2 miliardi.
Come parte della transizione, First Bancorp ha stipulato un Contratto di Lavoro Modificato e Riformulato con Mayer e un nuovo Contratto di Lavoro con Christian Wilson come Chief Operating Officer, entrambi in vigore dal 7 febbraio 2025.
First Bancorp (NASDAQ: FBNC) ha anunciado la promoción de G. Adam Currie de Presidente a Director Ejecutivo de First Bank. Currie sucederá a Michael G. Mayer, quien continuará como Presidente de First Bancorp hasta principios de 2026. Esta transición es parte de una estrategia de sucesión planificada desde hace tiempo.
Currie, quien ha sido Presidente desde noviembre de 2023, anteriormente ocupó cargos como Director de Banca y Presidente Regional. Su experiencia incluye roles en PNC Capital Markets y RBC Bank. La compañía, con sede en Southern Pines, Carolina del Norte, opera 113 sucursales en Carolina del Norte y Carolina del Sur, con activos totales de aproximadamente $12.2 mil millones.
Como parte de la transición, First Bancorp ha firmado un Acuerdo de Empleo Modificado y Reestablecido con Mayer y un nuevo Acuerdo de Empleo con Christian Wilson como Director de Operaciones, ambos efectivos a partir del 7 de febrero de 2025.
퍼스트 뱅코프 (NASDAQ: FBNC)는 G. Adam Currie를 퍼스트 은행의 사장에서 CEO로 승진시키겠다고 발표했습니다. Currie는 2026년 초까지 퍼스트 뱅코프의 사장으로 남을 Michael G. Mayer를 대신하게 됩니다. 이번 전환은 오랫동안 계획된 승계 전략의 일환입니다.
Currie는 2023년 11월부터 사장으로 재직해 왔으며, 이전에는 최고 은행 책임자와 지역 사장직을 역임했습니다. 그의 경력에는 PNC 캐피탈 마켓과 RBC 은행에서의 역할이 포함되어 있습니다. 노스캐롤라이나주 서던파인즈에 본사를 둔 이 회사는 노스캐롤라이나와 사우스캐롤라이나 전역에 113개의 지점을 운영하고 있으며, 총 자산은 약 $122억입니다.
전환의 일환으로 퍼스트 뱅코프는 Mayer와 수정 및 재구성된 고용 계약을 체결했으며, Christian Wilson과는 COO로서의 새로운 고용 계약을 체결했으며, 두 계약은 2025년 2월 7일부터 유효합니다.
First Bancorp (NASDAQ: FBNC) a annoncé la promotion de G. Adam Currie de Président à Directeur Général de First Bank. Currie succédera à Michael G. Mayer, qui restera Président de First Bancorp jusqu'au début de 2026. Cette transition fait partie d'une stratégie de succession soigneusement planifiée.
Currie, qui occupe le poste de Président depuis novembre 2023, a précédemment été Chief Banking Officer et Président Régional. Son expérience comprend des rôles chez PNC Capital Markets et RBC Bank. L'entreprise, qui a son siège à Southern Pines, en Caroline du Nord, exploite 113 agences à travers les Carolines, avec un total d'actifs d'environ 12,2 milliards de dollars.
Dans le cadre de la transition, First Bancorp a signé un Contrat de Travail Modifié et Révisé avec Mayer ainsi qu'un nouveau Contrat de Travail avec Christian Wilson en tant que Directeur des Opérations, tous deux entrant en vigueur le 7 février 2025.
First Bancorp (NASDAQ: FBNC) hat die Beförderung von G. Adam Currie vom Präsidenten zum Geschäftsführer der First Bank bekannt gegeben. Currie wird Michael G. Mayer nachfolgen, der bis Anfang 2026 Präsident von First Bancorp bleibt. Dieser Übergang ist Teil einer langfristig geplanten Nachfolgestrategie.
Currie, der seit November 2023 Präsident ist, hatte zuvor Positionen als Chief Banking Officer und Regionalpräsident inne. Seine Erfahrungen umfassen Rollen bei PNC Capital Markets und RBC Bank. Das in Southern Pines, North Carolina, ansässige Unternehmen betreibt 113 Filialen in North und South Carolina und verfügt über Gesamtvermögen von etwa $12,2 Milliarden.
Im Rahmen des Übergangs hat First Bancorp einen geänderten und neu gefassten Arbeitsvertrag mit Mayer sowie einen neuen Arbeitsvertrag mit Christian Wilson als Chief Operating Officer abgeschlossen, beide treten am 7. Februar 2025 in Kraft.
- Clear succession plan in place ensuring leadership continuity
- New CEO brings extensive banking experience from major institutions (PNC, RBC, Bank of America)
- Substantial asset base of $12.2 billion
- Strong regional presence with 113 branches across North and South Carolina
- None.
"This transition is the culmination of a succession plan that has been in place for many years," said Richard H.
"I am honored to assume the role of CEO at First Bank and grateful to lead a company committed to serving our customers, our shareholders, our communities, and each other. As we look to the future, First Bank is poised to thrive thanks to the hard work and insight of Mike Mayer over the last eleven years as CEO. I look forward to continuing the Bank's legacy and guiding this company into its next period of growth," said Mr.
Mr.
First Bancorp also announces that it, First Bank (collectively, the "Companies"), and Mr. Mayer have entered into an Amended and Restated Employment Agreement, effective February 7, 2025 reflecting the change in Mr. Mayer's title and responsibilities. The Companies and Christian Wilson also have entered into an Employment Agreement, effective February 7, 2025, setting forth the terms of his role as Chief Operating Officer.
First Bancorp is a bank holding company headquartered in
Please visit our website at www.LocalFirstBank.com.
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SOURCE First Bancorp
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