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FIBK > SEC Filings for FIBK > Form 8-K on 8-Jul-2013All Recent SEC Filings

Show all filings for FIRST INTERSTATE BANCSYSTEM INC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for FIRST INTERSTATE BANCSYSTEM INC


8-Jul-2013

Change in Directors or Principal Officers, Financial Statements a


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On July 8, 2013, First Interstate BancSystem, Inc. (the "Company"), announced the appointment of Kevin P. Riley, age 53, to serve as Executive Vice President and Chief Financial Officer of the Company, effective August 15, 2013. Mr. Riley will replace Terrill R. Moore, who is retiring as the Company's Chief Financial Officer on August 15, 2013. To ensure a smooth transition, Mr. Moore will continue his employment with the Company through June 30, 2014, working on special projects.

Under the terms of an employment agreement dated June 28, 2013, Mr. Riley is entitled to annual base compensation of $300,000, a hiring bonus of $50,000, 4,000 shares of the Company's Class A common stock after each of his first, second and third years of employment with the Company and additional benefits as are customarily offered to the Company's executives.

Mr. Riley has 27 years of banking experience, most recently serving as Executive Vice President and Chief Financial Officer of Berkshire Hills Bancorp, a $5.3 billion financial holding company headquartered in Pittsfield, Massachusetts, since 2007. Prior to 2007, Mr. Riley served in various executive-level positions with KeyCorp, a $90.0 billion bank holding company headquartered in Cleveland, Ohio.

A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated by reference herein.



Item 9.01 Financial Statements and Exhibits.

(d) Exhibit 99.1 - Press Release dated July 8, 2013 announcing Chief Financial Officer succession.


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