First Interstate BancSystem Appoints James Reuter As President And CEO, Effective November 1, 2024, Replacing Kevin Riley, Whose Retirement Was Announced Earlier This Year
Portfolio Pulse from Benzinga Newsdesk
First Interstate BancSystem has appointed James Reuter as the new President and CEO, effective November 1, 2024. He will replace Kevin Riley, who announced his retirement earlier this year.
October 09, 2024 | 9:11 pm
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First Interstate BancSystem has announced a leadership change with James Reuter appointed as the new President and CEO, effective November 1, 2024. This follows the retirement announcement of current CEO Kevin Riley.
The appointment of a new CEO can signal potential strategic shifts or continuity in leadership. However, as the change is scheduled for November 2024, the immediate impact on the stock price is likely neutral. Investors may watch for any strategic announcements from the new leadership.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100