FBP · First Bancorp · Executive Compensation

$27.42 +0.11 (+0.40%) At close · Oct 23

S&P 600 member Russell 2000 member Rebalance outlook locked

Market Cap

$4.19B

152.67M

Volume · Oct 23 2.22M Avg daily vol (3M) 1.39M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Aurelio Aleman	President and Chief Executive Officer	$1,107,914	$1,200	$2,178,242	—	$1,635,273	$103,727	$5,026,356
Orlando Berges	Executive Vice President and Chief Financial Officer	$600,000	$1,200	$544,546	—	$412,628	$14,585	$1,572,960
Nayda Rivera	Executive Vice President and Chief Customer Officer and Chief of Staff	$550,000	$1,200	$488,088	—	$388,221	$30,170	$1,457,678
Juan C. Pavía	Executive Vice President and Chief Credit Officer Lilian Díaz-Bento Executive Vice President and Business Group Director	$493,462	$1,200	$387,994	—	$349,178	$27,245	$1,259,079

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Aurelio Aleman	President and Chief Executive Officer	$1,069,692	$1,200	$2,142,327	—	$1,461,656	$99,319	$4,774,195
Orlando Berges	Executive Vice President and Chief Financial Officer	$600,000	$1,200	$556,166	—	$409,268	$17,722	$1,584,356
Nayda Rivera	Executive Vice President and Chief Risk Officer	$537,115	$1,200	$449,055	—	$404,198	$33,812	$1,425,380
Juan C. Pavía	Executive Vice President and Chief Credit Officer	$462,116	$1,200	$351,270	—	$338,393	$31,929	$1,184,908
Donald Kafka	Executive Vice President and Chief Operations Officer	$550,000	$1,200	$274,732	—	$271,519	$13,750	$1,111,202

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Aurelio Aleman	President and Chief Executive Officer	$1,029,692	$1,200	$1,667,193	—	$1,286,154	$94,328	$4,078,567
Orlando Berges	Executive Vice President and Chief Financial Officer	$600,000	$1,200	$551,075	—	$315,114	$13,958	$1,481,347
Nayda Rivera	Executive Vice President and Chief Risk Officer	$500,000	$1,200	$444,584	—	$286,882	$32,320	$1,264,986
Donald Kafka	Executive Vice President and Chief Operations Officer	$550,000	$1,200	$269,522	—	$274,320	$11,297	$1,106,339
Juan C. Pavía	Executive Vice President and Chief Credit Officer	$425,000	$1,200	$318,273	—	$238,537	$37,847	$1,020,857

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Aurelio Aleman	President and Chief Executive Officer	$989,592	$1,200	$1,390,547	—	$1,303,232	$82,610	$3,767,180
Orlando Berges	Executive Vice President and Chief Financial Officer	$600,000	$1,200	$419,998	—	$359,348	$13,192	$1,393,738
Nayda Rivera	Executive Vice President and Chief Risk Officer	$493,654	$1,200	$332,498	—	$317,330	$27,465	$1,172,146
Donald Kafka	Executive Vice President and Chief Operations Officer	$550,000	$1,200	$274,993	—	$304,375	$8,651	$1,139,220
Juan C. Pavía	Executive Vice President and Chief Credit Officer	$400,000	$1,200	$234,491	—	$241,364	$27,180	$904,235

Executive changes

Person	Role	Change	Effective	Filed
Félix M. Villamil	Director	Appointed	2026-05-06	2026-05-12
Roberto R. Herencia	Director	Appointed	2026-05-06	2026-05-12
John A. Heffern	Director	Appointed	2026-05-06	2026-05-12
Tracey Dedrick	Director	Appointed	2026-05-06	2026-05-12
Daniel E. Frye	Director	Appointed	2026-05-06	2026-05-12
Patricia M. Eaves	Director	Appointed	2026-05-06	2026-05-12
Luz A. Crespo	Director	Appointed	2026-05-06	2026-05-12
Aurelio Alemán	Director	Appointed	2026-05-06	2026-05-12
Juan Acosta Reboyras	Director	Appointed	2026-05-06	2026-05-12
Said Ortiz	Executive Vice President and CFO	Appointed	2026-07-01	2026-02-09
Orlando Berges	Executive Vice President and Chief Financial Officer	Retired	2026-06-30	2026-02-09
Juan Carlos Pavía	Executive Vice President and Chief Operating Officer	Appointed	2025-08-01	2025-06-16
Donald Kafka	Executive Vice President and Chief Operating Officer	Retired	2025-09-15	2025-06-16
Myrna Rivera	SVP Division Director and Chief Risk Officer (CRO)	Appointed	2025-04-01	2025-01-31
Carlos Power	Executive Vice President and Business Group Executive	Retired	2025-05-02	2025-01-31
Nayda Rivera-Batista	Chief Consumer Officer and Corporate Chief of Staff	Appointed	2025-04-01	2025-01-31
Cassan Pancham	Executive Vice President and Business Group Executive	Retired	2025-05-15	2025-01-31

Leadership

Said Ortiz CFO, Chief Accounting Officer
Juan Carlos Pavía COO
Orlando Berges Chief Accounting Officer
Aurelio Aleman Board Member
Aurelio Alemán Board Member
Daniel E. Frye Board Member
Felix M. Villamil Board Member
First BanCorp Board Member
Félix M. Villamil Board Member
John A. Heffern Board Member
Juan Acosta Reboyras Board Member
Juan C. Pavía Board Member
Luz A. Crespo Board Member
Patricia M. Eaves Board Member
Roberto R. Herencia Board Member
Tracey Dedrick Board Member

Key facts CIK 1057706 CUSIP 318672706 13F (30d) 56 filings 56 filers Visit website Investor relations