First Interstate BancSystem Says President And Chief Executive Officer Kevin P. Riley Will Retire, Riley Will Continue Service Until A Successor Is Appointed
Portfolio Pulse from Benzinga Newsdesk
First Interstate BancSystem (NASDAQ:FIBK) announced the upcoming retirement of its President and CEO, Kevin P. Riley. Riley will continue to serve until a successor is appointed. The company has initiated a search for his replacement.

June 14, 2024 | 11:20 am
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First Interstate BancSystem's President and CEO, Kevin P. Riley, is retiring. He will continue to serve until a successor is appointed. The company has started searching for his replacement.
The retirement of a CEO can lead to uncertainty in the short term as the market reacts to the leadership change. However, since Riley will continue to serve until a successor is appointed, the transition may be smooth, leading to a neutral short-term impact on the stock price.
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