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Two-times Base Salary and two-times target annual cash incentive form the change-in-control severance floor in the employment agreement First Interstate BancSystem, Inc.
(NASDAQ: FIBK) and its subsidiary First Interstate Bank executed with Jeff Lee on September 14, 2026.
The filing, an Item 5.02 Form 8-K submitted to the SEC, confirms Lee's appointment as Executive Vice President and Chief Operations Officer of both the holding company and the Bank, effective that same date.
Actual Base Salary figures were not disclosed in the filing.
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