FIBK · First Interstate Bancsystem Inc · Executive Compensation

$37.83 +0.15 (+0.40%) At close · Oct 27 Q3 2026 earnings call transcript

S&P 600 member Russell 2000 member Rebalance outlook locked

Market Cap

$3.61B

95.30M

Volume · Oct 27 1.2M Avg daily vol (3M) 1.13M

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
James A. Reuter	President & Chief Executive Officer	$1,000,000	—	$2,534,832	—	$1,044,000	$36,177	$4,615,009
Marcy D. Mutch	Former Chief Financial Officer, EVP	$234,672	—	$574,831	—	$337,052	$397,719	$1,544,274
Lorrie F. Asker	Former Co-Chief Banking Officer, EVP	$438,308	—	$490,730	—	$336,864	$82,469	$1,348,371
Kirk D. Jensen	General Counsel, EVP	$445,712	—	$321,946	—	$276,269	$49,837	$1,093,764
Kristina R. Robbins	Chief Operations Officer, EVP	$448,462	—	$326,481	—	$280,140	$33,381	$1,088,464
David P. Della Camera	Chief Financial Officer, EVP	$403,539	—	$172,352	—	$304,500	$22,066	$902,457
David Della Camera	Chief Financial Officer, EVP	$403,539	—	$172,352	—	$304,500	$22,066	$902,457
Lori A. Meyer	Chief Information Officer, EVP	$324,231	—	$234,190	—	$200,970	$23,862	$783,253

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Kevin Riley	Former President & Chief Executive Officer	$843,050	—	$2,407,319	—	$1,174,248	$445,952	$4,870,569
James A. Reuter	President & Chief Executive Officer	$138,462	—	$2,117,821	—	$200,000	$84,523	$2,540,806
Marcy D. Mutch	Exec. Vice President & Chief Financial Officer	$539,954	—	$637,610	—	$431,963	$47,985	$1,657,512
Lorrie F. Asker	Exec. Vice President & Chief Banking Officer	$440,000	—	$519,579	—	$352,000	$40,979	$1,352,558
General Counsel	EVP	$412,402	—	$365,229	—	$288,682	$44,415	$1,110,728
Kirk D. Jensen	Exec. Vice President & General Counsel	$412,402	—	$365,229	—	$288,682	$44,415	$1,110,728
Kristina R. Robbins	Exec. Vice President & Chief Operations Officer	$366,077	—	$310,841	—	$280,000	$36,333	$993,251
Lori A. Meyer	Chief Information Officer, EVP	—	—	—	—	—	—	—

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Kevin Riley	Former President & Chief Executive Officer	$971,372	—	$1,890,589	—	$215,279	$307,656	$3,384,896
Marcy D. Mutch	Exec. Vice President & Chief Financial Officer	$533,801	—	$482,881	—	$75,594	$37,480	$1,129,756
Kirk D. Jensen	Exec. Vice President & General Counsel	$407,703	—	$251,430	—	$49,488	$33,292	$741,913
General Counsel	EVP	$407,703	—	$251,430	—	$49,488	$33,292	$741,912
Lorrie F. Asker	Exec. Vice President & Chief Banking Officer	$377,885	—	$268,317	—	$61,600	$22,690	$730,492
Kristina R. Robbins	Exec. Vice President & Chief Operations Officer	$347,000	—	$207,518	—	$42,120	$34,395	$631,033
Lori A. Meyer	Chief Information Officer, EVP	—	—	—	—	—	—	—

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Kevin Riley	Former President & Chief Executive Officer	$922,564	—	$1,856,680	—	$1,537,706	$300,134	$4,617,084
Russell A. Lee	Former EVP & Chief Banking Officer	$429,342	—	$131,624	—	$440,640	$1,313,053	$2,314,659
Jodi Delahunt Hubbell	Former EVP & Chief Operating Officer	$198,351	—	$373,271	—	—	$1,467,364	$2,038,986
Marcy D. Mutch	Exec. Vice President & Chief Financial Officer	$494,926	—	$448,174	—	$610,000	$37,822	$1,590,922
Karlyn M. Knieriem	Exec. Vice President & Chief Risk Officer	$303,345	$50,000	$401,428	—	$275,000	$41,694	$1,071,467
Kirk D. Jensen	Exec. Vice President & General Counsel	$376,514	—	$228,166	—	$378,035	$29,670	$1,012,403
General Counsel	—	$376,514	—	$228,166	—	$378,035	$29,670	$1,012,403
Scott E. Erkonen	Exec. Vice President & Chief Information Officer	$243,225	$75,000	$261,495	—	$267,548	$16,520	$863,788

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Kevin Riley	President & Chief Executive Officer	$864,594	—	$1,442,198	—	$649,817	$244,634	$3,201,243
Marcy D. Mutch	Exec. Vice President & Chief Financial Officer	$463,827	—	$365,948	—	$261,454	$33,069	$1,124,298
Jodi Delahunt Hubbell	Former EVP & Chief Operating Officer	$442,851	—	$349,380	—	$249,630	$28,931	$1,070,792
Russell A. Lee	Former EVP & Chief Banking Officer	$366,092	—	$215,688	—	$205,470	$23,250	$810,500
Kirk D. Jensen	Exec. Vice President & General Counsel	$346,042	—	$169,913	—	$161,871	$29,123	$706,949

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Kevin Riley	President & Chief Executive Officer	$823,423	—	$943,409	—	$800,036	$372,305	$2,939,173
Russell A. Lee	Former EVP & Chief Banking Officer	$358,462	—	$148,873	—	$240,000	$1,225,402	$1,972,737
Marcy D. Mutch	Exec. Vice President & Chief Financial Officer	$440,385	—	$368,062	—	$335,000	$33,233	$1,176,680
Jodi Delahunt Hubbell	Former EVP & Chief Operating Officer	$418,933	—	$351,436	—	$308,000	$32,222	$1,110,591
General Counsel	—	$338,242	—	$175,733	—	$145,000	$29,527	$688,502
Kirk D. Jensen	Exec. Vice President & General Counsel	$338,242	—	$175,733	—	$145,000	$29,527	$688,502

Executive changes

Person	Role	Change	Effective	Filed
Jeff Lee	Executive Vice President and Chief Operations Officer	Appointed	2026-09-14	2026-09-16
Jeff Lee	Executive Vice President and Chief Operations Officer	Appointed	2026-09-14	2026-08-21
Kevin Turner	Class II director	Appointed	2026-07-13	2026-07-16
Matthew Ritter	Class II director	Appointed	2026-07-13	2026-07-16
Kirk D. Jensen	Executive Vice President and General Counsel/Corporate Secretary	Terminated	2026-07-09	2026-07-09
Daniel A. Rykhus	Class II director	Appointed	2026-05-27	2026-05-29
Alice S. Cho	Class II director	Appointed	2026-05-27	2026-05-29
Dennis L. Johnson	Class II director	Appointed	2026-05-27	2026-05-29
David L. Jahnke	Class III director	Retired	2026-05-27	2026-05-29
Stephen M. Lacy	Class I director	Retired	2026-05-27	2026-05-29
Patricia L. Moss	Class II director	Retired	2026-05-27	2026-05-29
Kristina Robbins	Executive Advisor	Appointed	2026-05-11	2026-05-13
Kristina Robbins	Executive Vice President and Chief Operations Officer	Terminated	2026-05-11	2026-05-13
Chris L. Shepler	Chief Banking Officer	Appointed	2025-11-14	2025-11-18
Lorrie F. Asker	Executive Vice President and Co-Chief Banking Officer	Terminated	2025-11-14	2025-11-18
Chris Shepler	Co-Chief Banking Officer	Appointed	2025-09-10	2025-09-09
Lorrie Asker	Co-Chief Banking Officer	Appointed	2025-09-10	2025-09-09
Renu Agrawal	Class III director	Appointed	2025-08-29	2025-09-02
Michael L. Scudder	Class I director	Appointed	2025-08-13	2025-08-15
David P. Della Camera	Executive Vice President and Chief Financial Officer	Appointed	2025-06-01	2025-06-02
James R. Scott, Jr.	Class III director	Appointed	2025-05-21	2025-05-23
David P. Della Camera	Executive Vice President and Chief Financial Officer	Appointed	2025-06-01	2025-02-25
Marcy D. Mutch	Executive Vice President and Chief Financial Officer	Retired	2025-05-31	2025-02-25
James A. Reuter	member of the Company’s board of directors	Appointed	2024-11-01	2024-10-09
James A. Reuter	President and Chief Executive Officer	Appointed	2024-11-01	2024-10-09

Leadership

Kevin Riley CEO
David L. Jahnke Chairman
Stephen B. Bowman Chairman, Board Member
David P. Della Camera CFO
Jeff Lee COO
Lori A. Meyer CIO
Lori Meyer CIO
Alice S. Cho Board Member
Daniel A. Rykhus Board Member
Daniel Rykhus Board Member
Dennis L. Johnson Board Member
Frances Grieb Board Member
James A. Reuter Board Member
James Brannen Board Member
James R. Scott Board Member
James R. Scott, Jr. Board Member
Jeremy P. Scott Board Member
John M. Heyneman Jr Board Member
Joyce A. Phillips Board Member
Kevin Turner Board Member
Matthew Ritter Board Member
Michael L. Scudder Board Member
Renu Agrawal Board Member
Stephen Lacy Board Member
Thomas E. Henning Board Member
Thomas Henning Board Member

Key facts CIK 860413 CUSIP 32055Y201 13F (30d) 64 filings 59 filers Visit website Investor relations