First BanCorp CFO Orlando Berges to Retire; Said Ortiz Named Successor

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First BanCorp CFO Orlando Berges will retire, and the board has appointed senior finance executive Said Ortiz as his successor upon departure. Ortiz’s promotion reflects his extensive experience overseeing the company’s accounting and finance operations, signaling a seamless leadership transition.

1. CFO Retirement and Succession

First BanCorp announced that Chief Financial Officer Orlando Berges will retire and that Said Ortiz has been appointed as his successor effective upon Berges’ departure. The board highlighted Ortiz’s extensive experience within the company’s finance organization in selecting him for the CFO role, aiming to ensure continuity in financial leadership.

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