Sign-in
to your accounts
Locate
a branch or atm
Apply
for a new account
Contact
customer service
Navigation Path: Home > About Us > First Citizens BancShares > Corporate Governance > Board of Directors First Citizens BancShares, Inc. Larger Type|Smaller Type|Print

Board of Directors
First Citizens BancShares, Inc.

As of January 28, 2008

Our Bylaws provide that our Board of Directors will consist of not less than five nor more than 30 members and authorize the Board to set and change the actual number of our directors from time to time within those limits. Our directors are elected each year at the Annual Meeting for terms of one year or until their respective successors have been duly elected and qualified.

Name Year of Birth Year First Elected
As a Director2,3 		Current Committee Status
John M. Alexander, Jr.1 1949 1990 Audit and Compliance Committee
President, General Manager and Chief Operating Officer, Cardinal International Trucks, Inc. (truck dealer)
 
Carmen Holding Ames4 1968 1996  
Homemaker
 
Victor E. Bell, III1 1956 2002 Executive Committee
Compensation Committee
Chairman and President, Marjan, Ltd. (real estate investments)
 
George H. Broadrick 1922 1975  
Retired; our former President and the former President of First-Citizens Bank & Trust Company
 
Hope Holding Connell4 1963 2006 Executive Committee
Executive Vice President and Business Banking Segment Manager of First-Citizens Bank & Trust Company; President of IronStone Bank
 
H. M. Craig, III1 1956 1998 Audit and Compliance Committee
Vice President and director, Gaston County Dyeing Machine Company (textile machinery manufacturer)
 
H. Lee Durham, Jr.1,5 1948 2003 Executive Committee
Audit and Compliance Committee
Retired; until 2002, partner, PricewaterhouseCoopers LLP (public accounting firm)
 
Lewis M. Fetterman1 1921 1980 Compensation Committee
Chairman and Chief Executive Officer, Super Soil Systems, USA, Inc. (animal waste control); President and owner, LMF Farms (swine production)
 
Daniel L. Heavner1 1947 2007 Nominations Committee
Managing Partner, Heavner Furniture Market - Glenwood (retail furniture sales)
 
Frank B. Holding 4 1928 1962  
Our Executive Vice Chairman and the Executive Vice Chairman of First-Citizens Bank & Trust Company
 
Frank B. Holding, Jr. 4,5 1961 1993 Executive Committee
Our President and Chief Executive Officer and the President and Chief Executive Officer of First-Citizens Bank & Trust Company; Vice Chairman of IronStone Bank
 
Lewis R. Holding 4 1927 1957 Executive Committee
Our Chairman and the Chairman of First-Citizens Bank & Trust Company; Chairman and Chief Executive Officer of IronStone Bank
 
Charles B. C. Holt1 1933 1995 Executive Committee
Audit and Compliance Committee
Director (formerly President and Secretary/Treasurer), Holt Oil Company, Inc. (wholesale petroleum marketer)
 
Lucius S. Jones1 1942 1994 Executive Committee
President, Chief Executive Officer and owner, United Realty & Construction, Inc. (residential development and construction)
 
Robert E. Mason, IV 1 1958 2007  
President and Chief Executive Officer, R. E. Mason Company (industrial automation and services)
 
Robert T. Newcomb 1 1960 2002 Nominations Committee
Chairman and President, Newcomb Affiliates, Inc. and its subsidiary, Newcomb & Company (mechanical contractors)
 
Lewis T. Nunnelee, II 1 1925 1979 Executive Committee
Compensation Committee
Chairman, Coastal Beverage Company, Inc. (wholesale distributor)
 
James M. Parker 1943 2007  
Vice Chairman of the International Division of First Citizens BancShares, Inc.; Vice Chairman of First-Citizens Bank & Trust Company; President of IronStone Bank-Western Division and Chief Operating Officer of IronStone Bank
 
Ralph K. Shelton 1 1942 2003  
President and Chief Executive Officer, Southeast Fuels, Inc. (bulk fuel distributor)
 
R. C. Soles, Jr. 1 1934 1995 Nominations Committee
Attorney; senior partner, Soles, Phipps, Ray & Prince (law firm); Senator, North Carolina State Senate
 
David L. Ward, Jr. 1935 1971  
Attorney; senior member, Ward and Smith, P. A. (law firm)
 
Within this discussion of the First Citizens BancShares Board of Directors, 'our' and 'we' refer to First Citizens BancShares, Inc.
1 An individual who we believe is an "independent director" as that term is defined by the listing standards of The Nasdaq Stock Market
2 Each of our directors also serves as a director of First-Citizens Bank & Trust Company. Messrs. Alexander, Craig, Durham, F. Holding, Jr., L. Holding, Hyler, Jones, Newcomb, Parker and Shelton, and Ms. Connell also serve as directors of IronStone Bank.
3 "First elected" refers to the year in which each individual first became our director or a director of one of our predecessors or, if before 1982, a director of First Citizens Bank.
4 Ms. Ames is the daughter of Mr. L. Holding and the niece of Mr. F. Holding. Mr. F. Holding, Jr. is the son of Mr. F. Holding and the nephew of Mr. L. Holding. Ms. Connell is the daughter of Mr. F. Holding and the niece of Mr. L. Holding. Mr. L. Holding and Mr. F. Holding are brothers. Mr. F. Holding, Jr. and Ms. Connell are siblings.
5 Certain of our directors also serve as directors of other publicly held companies. Mr. F. Holding, Jr. serves as a director of Piedmont Natural Gas Company, Inc., Charlotte, NC. Mr. Durham serves as a director of Triad Guaranty, Inc., Winston-Salem, NC.