First Bancorp Appoints Said Ortiz as Next CFO; Berges to Retire

Orlando Berges, Chief Financial Officer of First Bancorp (FBC:NYSE), will retire effective April 30, 2026, following a 23-year tenure. Said Ortiz, currently Treasurer and Controller, has been named interim CFO and will serve in the role permanently upon completion of the transition. Berges' retirement follows a strategic leadership review, ensuring continuity in the company's financial operations. Ortiz brings extensive experience in risk management and capital strategy, with a track record of driving operational efficiency and compliance.