FIRST CITIZENS BANCSHARES INC CLAS (FCNCA)
Sector: Financials
Sector: Financials
FIRST CITIZENS BANCSHARES INC CLAS - Executive Compensation
Chairman and Chief Executive Officer
Executive Compensation
Frank B. Holding, Jr. is the Chairman and Chief Executive Officer of First Citizens BancShares Inc., a prominent financial institution headquartered in Raleigh, North Carolina. Born into a family with a strong legacy in banking, Holding has been instrumental in steering the company towards significant growth and stability. He assumed the role of CEO in 2008, succeeding his father, Frank B. Holding, Sr., who had been at the helm for many years. Under his leadership, First Citizens has expanded its footprint across multiple states, enhancing its service offerings and strengthening its market position. Holding's professional journey in the banking sector began early, as he joined First Citizens in various capacities before ascending to the top leadership position. His tenure as CEO has been marked by strategic acquisitions that have bolstered the company's assets and customer base. Notably, the acquisition of CIT Group in 2022 stands out as a landmark deal that significantly expanded First Citizens' reach and capabilities. Holding's strategic vision and commitment to maintaining a customer-centric approach have been pivotal in navigating the company through economic challenges and regulatory changes. As Chairman and CEO, he continues to drive innovation and growth, ensuring that First Citizens remains a trusted and robust financial partner for its clients.