In a move poised to shape the trajectory of local banking, First Community Bank has recently disclosed significant leadership promotions and additions effective July 1, 2024. These changes, designed to fortify the bank’s commitment to excellence and long-term success, will bring about a new era of strategic direction.
J. Ted Nissen, a prominent figure in the local banking scene, is set to take on the role of Chief Executive Officer (CEO) at First Community Bank, while retaining his title as President. Nissen’s appointment is complemented by his inclusion on First Community’s Board of Directors. In his new capacity as CEO, Nissen will be at the forefront of steering day-to-day bank operations, overseeing crucial aspects such as mortgage and financial planning lines of business.
Adding to the leadership lineup, Drew Painter and Vaughan Dozier have been elevated to the positions of Executive Vice Presidents, jointly assuming the roles of Co-Chief Commercial and Retail Banking Officers. This dynamic duo will bring their wealth of experience to the bank’s executive leadership team. Painter will spearhead operations in the North Division, encompassing Columbia, Piedmont, and Upstate regions, as well as the business services area. Meanwhile, Dozier will be at the helm of the South Division, overseeing Lexington, Northwest Columbia, and the Central Savannah River Area (CSRA) regions, along with the branch administration area.
Maintaining a steadfast hand at the helm, Mike Crapps will continue his role as President and CEO of First Community Corporation. In this capacity, he will concentrate on board governance, investor relations, strategic development, and growth decisions, including client retention, prospecting, and leadership development.
Mike Crapps expressed enthusiasm about the forthcoming changes, stating, “We are excited about Ted’s promotion to CEO of First Community Bank. He is a founding member of our executive leadership team and understands our business and culture on a deep level. Drew and Vaughan have been with our bank for 20 and 15 years, respectively, each incredibly successful in their various roles. These changes to our executive leadership team will preserve our bank’s culture and prepare for its long-term success and sustainability, benefitting us now and in the years ahead.”
As part of the bank’s regional leadership enhancement, Bryan Goodyear and Jamie Addison have been promoted to Regional Market Presidents for the Columbia and Lexington regions, respectively. With over a decade of dedicated service to the bank in the Midlands market, their promotions are expected to have a positive impact on these crucial markets.
First Community Bank, deeply rooted in the local community, is poised to leverage these leadership changes for future growth. The bank, known for its commitment to providing comprehensive financial solutions, is set to usher in a new era of strategic leadership, ensuring its continued success in the local banking landscape.
For more information and updates, stay tuned to your local newspaper or visit First Community Bank’s official website at www.firstcommunitysc.com.