Aurelio Alemán is President and Chief Executive Officer of First Bancorp (FBP). The company reported total compensation of $5,026,356 for fiscal year 2025.
| Salary | $1,107,914 |
|---|---|
| Bonus | $1,200 |
| Stock awards | $2,178,242 |
| Option awards | $0 |
| Non-equity incentive plan | $1,635,273 |
| Pension and non-qualified deferred compensation | $0 |
| All other compensation | $103,727 |
| Total | $5,026,356 |
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.
Cited to the compensation disclosure First Bancorp filed March 25, 2026, accession 0001140361-26-011118.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | President and Chief Executive Officer | $1,107,914 | $1,200 | $2,178,242 | $0 | $1,635,273 | $0 | $103,727 | $5,026,356 |
| FY2024 | President and Chief Executive Officer | $1,069,692 | $1,200 | $2,142,327 | $0 | $1,461,656 | $0 | $99,319 | $4,774,195 |
| FY2023 | President and Chief Executive Officer | $1,029,692 | $1,200 | $1,667,193 | $0 | $1,286,154 | $0 | $94,328 | $4,078,567 |
Totals as disclosed in each year's own compensation disclosure for First Bancorp.
| Peer-group chief executive median | $4,683,980 |
|---|---|
| Difference from that median | $342,376 |
| Percentile within the disclosed peer group | 58th |
| Peers with a disclosed figure | 19 |
Medians and percentiles are computed across the peer group First Bancorp discloses in its own compensation disclosure.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| Aurelio Alemán this page | President and Chief Executive Officer | $5,026,356 |
| Orlando Berges | Executive Vice President and Chief Financial Officer | $1,572,960 |
| Nayda Rivera | Executive Vice President and Chief Consumer Officer and Chief of Staff | $1,457,678 |
| Juan Carlos Pavía | Executive Vice President and Chief Operating Officer | $1,259,079 |
| Lilian Díaz-Bento | Executive Vice President and Business Group Director | $1,119,664 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full First Bancorp compensation brief.
Aurelio Alemán's compensation sits inside First Bancorp's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.