First Citizens (FCNCA) BancShares announced that Lorie K. Rupp intends to retire as Executive Vice President and Chief Risk Officer, following a 13-year career at the bank and more than 30 years in the financial services industry. BancShares plans for Tom Eklund, current Treasurer and 20-year First Citizens Bank veteran, to succeed Rupp as Chief Risk Officer. Rupp’s retirement and Eklund’s appointment will be effective June 1, 2026, providing time to ensure a smooth transition.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FCNCA:
- First Citizens price target raised to $2,500 from $2,250 at UBS
- First Citizens downgraded to Neutral from Buy at Goldman Sachs
- First Citizens price target raised to $2,456 from $2,190 at Barclays
- First Citizens price target raised to $2,250 from $2,000 at Citi
- First Citizens price target raised to $2,500 from $2,300 at JPMorgan
