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AI brief of an SEC Form 8-K · First Interstate BancSystem (FIBK)

First Interstate BancSystem adds Michael Scudder as director, board grows to 13

Neutral Impact 3 of 5 leadership Written later

First Interstate BancSystem's Board appointed Michael L. Scudder as a Class I director on August 13, 2025, filling a seat created by expanding the Board. Scudder is a former Executive Chairman of Old National Bancorp and former President and CEO of First Midwest Bancorp, and the filing says he is independent under NASDAQ rules.

Key points

  • Michael L. Scudder appointed Class I director on August 13, 2025, with a term expiring at the 2028 annual meeting
  • Scudder retired as Executive Chairman of Old National Bancorp on January 31, 2024, after a 38-year career in commercial banking
  • Board now has 13 members; he will receive the standard non-employee director compensation, including restricted stock units, and has not yet been named to any committee

The filing

CompanyFirst Interstate BancSystem (FIBK)
Form8-K, current report
Filed with the SECAug 15, 2025, 1:31 PM ET
Accession number0000860413-25-000119

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 15, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.