First Bancorp Names Cornelius Russell New Board Chair
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First Bancorp has appointed Cornelius "Connie" Russell as the new chair of its board of directors, effective April 29, 2026. Russell, a director since 2014, succeeds Bruce Tindal, who retired on the same date. This leadership transition aims to ensure continuity and leverage Russell's extensive governance experience. Stakeholders are expected to view this as a planned succession that maintains board stability. Additionally, FNLC stock is rated as "Outperform" by Spark, with a focus on its attractive valuation despite some financial challenges.
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