First Busey Management

Management criteria checks 4/4

First Busey's CEO is Van Dukeman, appointed in Aug 2007, has a tenure of 16.33 years. total yearly compensation is $2.49M, comprised of 28.9% salary and 71.1% bonuses, including company stock and options. directly owns 0.43% of the company’s shares, worth $5.52M. The average tenure of the management team and the board of directors is 4.4 years and 6 years respectively.

Key information

Van Dukeman

Chief executive officer

US$2.5m

Total compensation

CEO salary percentage	28.9%
CEO tenure	16.3yrs
CEO ownership	0.4%
Management average tenure	4.4yrs
Board average tenure	6yrs

Recent management updates

Recent updates

It's Unlikely That The CEO Of First Busey Corporation (NASDAQ:BUSE) Will See A Huge Pay Rise This Year

May 13

Do First Busey's (NASDAQ:BUSE) Earnings Warrant Your Attention?

May 08

First Busey EPS beats by $0.17, misses on revenue

Apr 27

Have Insiders Been Buying First Busey Corporation (NASDAQ:BUSE) Shares?

Mar 09

Why You Might Be Interested In First Busey Corporation (NASDAQ:BUSE) For Its Upcoming Dividend

Jan 16

How Much Of First Busey Corporation (NASDAQ:BUSE) Do Insiders Own?

Jan 06

Reflecting on First Busey's (NASDAQ:BUSE) Share Price Returns Over The Last Three Years

Dec 11

How Does First Busey's (NASDAQ:BUSE) CEO Pay Compare With Company Performance?

Nov 20

CEO Compensation Analysis

How has Van Dukeman's remuneration changed compared to First Busey's earnings?
Date	Total Comp.	Salary	Company Earnings
Sep 30 2023	n/a	n/a	US$131m
Jun 30 2023	n/a	n/a	US$136m
Mar 31 2023	n/a	n/a	US$137m
Dec 31 2022	US$2m	US$720k	US$128m
Sep 30 2022	n/a	n/a	US$124m
Jun 30 2022	n/a	n/a	US$114m
Mar 31 2022	n/a	n/a	US$114m
Dec 31 2021	US$2m	US$694k	US$123m
Sep 30 2021	n/a	n/a	US$122m
Jun 30 2021	n/a	n/a	US$127m
Mar 31 2021	n/a	n/a	US$123m
Dec 31 2020	US$2m	US$675k	US$100m
Sep 30 2020	n/a	n/a	US$101m
Jun 30 2020	n/a	n/a	US$95m
Mar 31 2020	n/a	n/a	US$93m
Dec 31 2019	US$2m	US$662k	US$103m
Sep 30 2019	n/a	n/a	US$100m
Jun 30 2019	n/a	n/a	US$102m
Mar 31 2019	n/a	n/a	US$102m
Dec 31 2018	US$2m	US$634k	US$99m
Sep 30 2018	n/a	n/a	US$86m
Jun 30 2018	n/a	n/a	US$78m
Mar 31 2018	n/a	n/a	US$69m
Dec 31 2017	US$2m	US$611k	US$63m
Sep 30 2017	n/a	n/a	US$62m
Jun 30 2017	n/a	n/a	US$59m
Mar 31 2017	n/a	n/a	US$54m
Dec 31 2016	US$1m	US$575k	US$50m

Compensation vs Market: Van's total compensation ($USD2.49M) is below average for companies of similar size in the US market ($USD5.17M).

Compensation vs Earnings: Van's compensation has been consistent with company performance over the past year.

CEO

Van Dukeman (64 yo)

16.3yrs

Tenure

US$2,494,467

Compensation

Mr. Van A. Dukeman, CFA, is Chairman and Chief Executive Officer of First Busey Corporation and Busey Bank. Mr. Dukeman also serves as a director of FirsTech, Inc. Mr. Dukeman served as President & Chief E...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Van Dukeman	Chairman & CEO	16.3yrs	US$2.49m	0.43% $ 5.5m
Jeffrey Jones	Executive VP & CFO	4.4yrs	US$1.35m	0.037% $ 471.1k
Amy Randolph	Executive VP & COO	less than a year	US$1.22m	0.044% $ 556.9k
John Powers	Executive VP & General Counsel	12yrs	US$1.07m	0.11% $ 1.5m
Monica Bowe	Executive VP & Chief Risk Officer	3.9yrs	no data	0.012% $ 152.3k

4.4yrs

Average Tenure

49yo

Average Age

Experienced Management: BUSE's management team is considered experienced (4.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Van Dukeman	Chairman & CEO	16.3yrs	US$2.49m	0.43% $ 5.5m
Samuel Banks	Independent Director	3.3yrs	US$129.50k	0.044% $ 563.8k
Gregory Lykins	Vice Chairman of the Board	16.9yrs	US$145.79k	0.49% $ 6.2m
Stephen King	Independent Director	10.9yrs	US$137.63k	0.30% $ 3.8m
Stanley Bradshaw	Independent Lead Director	7.9yrs	US$153.25k	0.72% $ 9.2m
Frederic Kenney	Independent Director	5.6yrs	US$150.13k	0.25% $ 3.1m
Karen Jensen	Independent Director	4.3yrs	US$129.50k	0.052% $ 666.7k
Cassandra Sanford	Independent Director	1.6yrs	US$58.70k	0.0072% $ 92.1k
George Barr	Independent Director	6.4yrs	US$129.50k	0.42% $ 5.3m
Michael Cassens	Independent Director	4.9yrs	US$139.13k	0.24% $ 3.1m

6.0yrs

Average Tenure

64yo

Average Age

Experienced Board: BUSE's board of directors are considered experienced (6 years average tenure).

First Busey Management

Management criteria checks 4/4

Key information

Recent management updates

Independent Lead Director recently bought US$456k worth of stock

Independent Director notifies of intention to sell stock

First Busey Corporation Appoints Amy L. Randolph as Executive Vice President, Chief Operating Officer

Insufficient new directors

Independent Director recently bought US$250k worth of stock

Independent Director notifies of intention to sell stock

Recent updates

Independent Lead Director recently bought US$456k worth of stock

First Busey Corporation (NasdaqGS:BUSE) entered into an agreement and plan of merger to acquire Merchants and Manufacturers Bank Corporation for $45.3 million.

First Busey Corporation (NasdaqGS:BUSE) entered into an agreement and plan of merger to acquire Merchants and Manufacturers Bank Corporation for $45.3 million.

Independent Director notifies of intention to sell stock

First Busey Corporation Appoints Amy L. Randolph as Executive Vice President, Chief Operating Officer

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

First Busey Corporation Reports Net Charge-Offs for the Third Quarter Ended September 30, 2023

First Busey Corporation Declares Quarterly Cash Dividend, Payable on October 27, 2023

Insufficient new directors

First Busey Corporation to Report Q3, 2023 Results on Oct 24, 2023

Independent Director recently bought US$250k worth of stock

Price target increased by 7.4% to US$24.33

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

First Busey Corporation Reports Net Charge-Offs for the Second Quarter Ended June 30, 2023

Independent Director notifies of intention to sell stock

First Busey (NASDAQ:BUSE) Is Due To Pay A Dividend Of $0.24

First Busey Corporation to Report Q2, 2023 Results on Jul 25, 2023

First Busey Corporation Declares A Quarterly Cash Dividend, Payable on July 28, 2023

Should You Be Adding First Busey (NASDAQ:BUSE) To Your Watchlist Today?

Price target decreased by 8.8% to US$22.50

Independent Lead Director recently bought US$152k worth of stock

First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

First Busey (NASDAQ:BUSE) Will Pay A Larger Dividend Than Last Year At $0.24

Price target decreased by 8.5% to US$25.00

Price target decreased by 8.1% to US$26.50

Independent Lead Director recently bought US$108k worth of stock

Independent Director recently sold US$198k worth of stock

Independent Director recently sold US$199k worth of stock

Vice Chairman of the Board recently bought US$91k worth of stock

Full year 2022 earnings: EPS misses analyst expectations

First Busey Corporation to Report Q4, 2022 Results on Jan 24, 2023

First Busey Corporation Declares Quarterly Cash Dividend, Payable on January 27, 2023

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

First Busey Corporation to Report Q3, 2022 Results on Oct 25, 2022

First Busey goes ex dividend tomorrow

First Busey (NASDAQ:BUSE) Has Affirmed Its Dividend Of $0.23

First Busey Corporation Declares Quarterly Cash Dividend on the Company’s Common Stock. the Dividend Will Be Paid on October 28, 2022

Second quarter 2022 earnings: EPS misses analyst expectations

First Busey Corporation to Report Q2, 2022 Results on Jul 26, 2022

First Busey (NASDAQ:BUSE) Is Due To Pay A Dividend Of $0.23

First Busey Corporation Declares Quarterly Cash Dividend, Payable on July 29, 2022

Independent Lead Director recently bought US$73k worth of stock

Independent Lead Director recently bought US$90k worth of stock

Price target decreased to US$28.00

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

First Busey Corporation to Report Q1, 2022 Results on Apr 26, 2022

First Busey Corporation Declares Quarterly Cash Dividend, Payable on April 29, 2022

First Busey Corporation, Annual General Meeting, May 25, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

First Busey: Getting Paid To Wait

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

First Busey's (NASDAQ:BUSE) Dividend Will Be US$0.23

Third quarter 2021 earnings released: EPS US$0.46 (vs US$0.56 in 3Q 2020)

Second quarter 2021 earnings released: EPS US$0.54 (vs US$0.47 in 2Q 2020)

Independent Director recently sold US$273k worth of stock

It's Unlikely That The CEO Of First Busey Corporation (NASDAQ:BUSE) Will See A Huge Pay Rise This Year

Do First Busey's (NASDAQ:BUSE) Earnings Warrant Your Attention?

Consensus forecasts updated

First quarter 2021 earnings released: EPS US$0.69 (vs US$0.28 in 1Q 2020)

First Busey EPS beats by $0.17, misses on revenue

Price target increased to US$27.50

Have Insiders Been Buying First Busey Corporation (NASDAQ:BUSE) Shares?

Full year 2020 earnings released: EPS US$1.84 (vs US$1.88 in FY 2019)

Revenue behind estimates

New 90-day high: US$23.77

Revenue behind estimates

Full year 2020 earnings released: EPS US$1.84 (vs US$1.88 in FY 2019)

First Busey Corporation (NasdaqGS:BUSE) signed a definitive agreement to acquire Cummins-American Corp. for approximately $190 million.

Why You Might Be Interested In First Busey Corporation (NASDAQ:BUSE) For Its Upcoming Dividend