Jim Reuter’s retirement didn’t last long.
The $30.2 billion-asset First Interstate BancSystem in Billings, Mont., hired Reuter to become its president and CEO, effective Nov. 1. He will succeed Kevin Riley, who had announced plans to retire.
Reuter retired as president and CEO of FirstBank Holding in March.
“Having spent more than 37 years in the banking industry, Jim is a proven leader with a strong track record of developing and executing strategic growth plans in the community banking space,” Stephen Bowman, First Interstate’s chairman, said in a press release.
“His deep knowledge of our footprint, command of the regulatory and risk environment, and ability to implement organic growth initiatives that add value to clients and shareholders alike positions us well for future success,” Bowman added.