First BanCorp Announces Strategic Reorganization: Juan Carlos Pavía to Succeed Donald Kafka as COO

Reuters
06/17
<a href="https://laohu8.com/S/FBPRL">First BanCorp</a> Announces Strategic Reorganization: Juan Carlos Pavía to Succeed Donald Kafka as COO

First BanCorp has announced a strategic reorganization as part of its corporate succession plan. Effective August 1, 2025, Juan Carlos Pavía will assume the role of Chief Operating Officer, succeeding Donald Kafka, who will retire on September 15, 2025. Mr. Pavía, who joined the corporation in 2014 and currently serves as Executive Vice President and Chief Credit Officer, will oversee Banking Operations, Corporate Security, Information Technology, Real Estate, and a new Business Transformation Unit, while continuing his oversight of Credit Risk and Credit Administration.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First BanCorp published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-25-022678), on June 16, 2025, and is solely responsible for the information contained therein.

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