Therefore, it includes the number of shares of Common Stock that could be purchased by exercising stock options that were exercisable as of January 15, 2010 or within 60 days after that date, as follows: Mr. Alemán-Bermúdez, 672,000; Mr. Odell, 175,000; and Mr. Rivera-Sanfeliz, 382,110; and all current directors and executive officers as a group, 1,678,110.
Aurelio Alemán-Bermúdez, 51
President and Chief Executive Officer
President and Chief Executive Officer since September 2009.
Senior Executive Vice President and Chief Operating Officer from October 2005 to September 2009.
Executive Vice President responsible for consumer banking and auto financing of FirstBank
between 1998 and 2009.
Since April 2005, also responsible for the retail banking distribution network, First Mortgage and FistBank Virgin Islands operations.
President of First Federal Finance Corporation
d/b/a Money Express from 2000 to 2005.
President of FirstBank Insurance Agency, Inc.
from 2001 to 2005.
President of First Leasing & Rental Corp. from 1999 to June 2007.
From 1996 to 1998, Vice President of CitiBank, N.A.
, responsible for wholesale and retail automobile financing and retail mortgage business.
Vice President of Chase Manhattan Bank, N.A.
, responsible for banking operations and technology for Puerto Rico and the Eastern Caribbean region from 1990 to 1996.
Chairman of the Board of Directors and CEO of First Leasing and Rental Corporation
, First Federal Finance Corporation
d/b/a Money Express, FirstMortgage, Inc., FirstBank Overseas Corp.
, First Insurance Agency, Inc.
, FirstExpress, Inc., FirstBank Puerto Rico Securities Corp.
, and First Management
of Puerto Rico, and CEO of FirstBank Insurance Agency, Inc.
, Grupo Empresas Servicios Financieros
, First Trade, Inc.
and First Resolution Company
Vice Chairman of the Board of Directors of Ponce General Corporation
and FirstBank Florida
until July 2009.
Joined the Corporation in 1998.
Director of First BanCorp and FirstBank Puerto Rico
since September 2005.
Mr. Aurelio Alemán-Bermúdez, President and Chief Executive Officer since September 28, 2009 and previously Senior Executive Vice President and Chief Operating Officer, is not considered to be independent as he is a management Board member.
On September 28, 2009, Mr. Aurelio Alemán-Bermúdez was appointed Chief Executive Officer of the Corporation upon the resignation of the former President and Chief Executive Officer, Mr. Luis Beauchamp-Rodríguez.
Mr. Alemán-Bermúdez had been serving as Chief Operating Officer and Senior Executive Vice President since September 2005.
In early 2009, Mr. Alemán-Bermúdez had been identified under the succession management process as the candidate for the chief executive officer position.
The current director members of this committee are Messrs. José Rodríguez-Perelló, appointed Chairman in May 2008, Aurelio Alemán-Bermúdez, José Menéndez-Cortada, Héctor M. Nevares-La Costa and Jorge Díaz-Irizarry.
The current director members of this Committee are Messrs. Jorge Díaz-Irizarry, Chairman since May 2008, Aurelio Alemán-Bermúdez, José Menéndez-Cortada, Héctor M. Nevares-La Costa and José Rodríguez-Perelló.
The current director members of this Committee are Messrs. Héctor M. Nevares-La Costa, Chairman since October 27, 2009, Aurelio Alemán-Bermúdez, Frank Kolodziej-Castro and José Rodríguez-Perelló.
The current members of this Committee are Messrs. Fernando Rodríguez-Amaro, Chairman since January 15, 2010, Aurelio Alemán-Bermúdez, Frank Kolodziej-Castro, José Rodríguez-Perelló and José L. Ferrer-Canals.