First Interstate BancSystem (ticker: FIBK) announced on August 21, 2026 that it is hiring 57-year-old Jeff Lee as Executive Vice President and Chief Operations Officer, overseeing both the holding company and its subsidiary First Interstate Bank, with his official start date set for September 14, 2026. Lee brings more than 20 years of banking experience spanning operations, technology, digital banking, information security and marketing — including roughly 11 years at Seacoast Banking Corporation of Florida, where he climbed from chief marketing officer to chief operations and technology officer. His compensation includes a $480,000 starting salary and a $200,000 grant of restricted stock units vesting in three equal annual installments beginning September 2027, though the formal employment agreement itself hasn't been finalized yet and will only be disclosed once signed.
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