FIRST BANCORP (FBNC)
Sector: Financials
Sector: Financials
FIRST BANCORP - Executive Compensation
Chief Executive Officer of the Company
Executive Compensation
Richard H. Moore serves as the Chief Executive Officer of FIRST BANCORP, a position he has held since 2017. With a robust background in finance and public service, Moore has been instrumental in steering the company towards significant growth and stability. Prior to joining FIRST BANCORP, Moore held the position of North Carolina State Treasurer, where he managed the state's $80 billion pension fund and oversaw the state's banking operations. His tenure as State Treasurer was marked by his efforts to improve financial literacy and investment strategies, earning him widespread recognition and respect in both the public and private sectors. Moore's career in public service began in the North Carolina House of Representatives, where he served for 16 years. During his time in the legislature, he was known for his advocacy for economic development and fiscal responsibility. His transition to the private sector was seamless, bringing his extensive experience and strategic vision to FIRST BANCORP. As CEO, Moore has focused on enhancing the company's community banking model, expanding its footprint, and strengthening its commitment to customer service. Under his leadership, FIRST BANCORP has seen a notable increase in assets and market share, positioning it as a leader in the regional banking industry. In addition to his professional achievements, Richard H. Moore is actively involved in various community and civic organizations. He holds a Bachelor of Arts degree from the University of North Carolina at Chapel Hill and a Juris Doctor from the same institution. His dedication to both his professional responsibilities and community engagement underscores his holistic approach to leadership. Moore's tenure at FIRST BANCORP continues to be characterized by his strategic foresight and commitment to fostering a culture of excellence and integrity.