First Bancorp Announces Management Team Changes | New
First Bancorp, the parent company of First Bank, announced changes in the management team and a new alignment of its activities into three organizational lines, according to a press release issued on Friday.
Adam Currie has been appointed Chief Banking Officer of First Bank and Elizabeth Bostian will become General Counsel and Chief Financial Officer. Blaise Buczkowski, Administrative Director of First Bank, will retain this role and become Accounting Director, reporting to Bostian.
CEO and Chairman Michael G. Mayer will retain his office in Greensboro, while Buczkowski will retain his office at First Bank headquarters in Southern Pines.
Executive Vice President and Chief Financial Officer Erik Cradle will retire on November 12. After his retirement, he will serve as a consultant for First Bank during the transition.
Director of Commercial Banking, Brad Mickle, will retain his office in Wilmington; Community Banking Manager Rob Patterson will retain his office in Sanford; and retail banking director Bill Bunn will retain his office in Raleigh. All three report to Currie.
âWe are delighted that these important members of our leadership team are taking on expanded responsibilities as we move forward into the future. We believe that First Bank will have new opportunities to implement our thoughtful and disciplined growth strategy, âsaid Mayer. âThe experience and depth that will be provided by these colleagues in their expanded roles will be essential to achieving our goals of growth, community support and income generation.
âI would also like to thank Eric Credle for his 24 years of hard work and dedication as CFO. He has played a vital role in the growth and success of our bank.
First Bancorp is a banking holding company headquartered in Southern Pines with total assets of approximately $ 8.2 billion. Its primary business is the ownership and operation of First Bank, a state chartered institution that provides a wide range of banking products and services through 100 branches in North Carolina and South Carolina.
First Bank also provides SBA loans to its clients through a nationwide network of lenders. For more information on First Bank’s SBA lending capabilities, please visit www.firstbanksba.com.