First Financial Shuffles Executives, Names Stollings as President

First Financial Bancorp in Cincinnati has shuffled its C-Suite and appointed a new president.

The $7.4 billion-asset company said in a press release Tuesday that Tony Stollings has been named president and chief operating officer. He has worked at First Financial since 2006, and most recently served as the company's chief financial officer. In his newly created role, he will oversee several divisions, including finance, legal, technology and facilities.

Claude Davis, who had held the titles of president and chief executive, will continue as CEO.

John Gavigan will succeed Stollings as CFO. He has been First Financial's controller since 2011. Gavigan, who joined the company in 2008, will also have the title of senior vice president.

"We're pleased Tony and John will be leading the company in these key roles," Davis said in the release. "They both bring strong leadership, proven track records of success and strategic vision that we look forward to leveraging company-wide."

Additionally, First Financial has appointed Holly Foster executive vice president and chief compliance officer — a new position at the company. Foster most recently served as chief risk officer, and has held several leadership roles since joining the company in 1999.

Skip Sorg will succeed Foster as chief risk officer. He has been with First Financial since 2009. In his new role, he will also serve as a senior vice president.

The executive appointments will take effect Dec. 1.

First Financial has 106 branches throughout Ohio, Indiana and Kentucky.