First Busey Management
Management criteria checks 4/4
First Busey's CEO is Van Dukeman, appointed in Aug 2007, has a tenure of 17.58 years. total yearly compensation is $2.18M, comprised of 33.3% salary and 66.7% bonuses, including company stock and options. directly owns 0.51% of the company’s shares, worth €5.84M. The average tenure of the management team and the board of directors is 5.2 years and 9.2 years respectively.
Key information
Van Dukeman
Chief executive officer
US$2.2m
Total compensation
| CEO salary percentage | 33.3% |
| CEO tenure | 17.6yrs |
| CEO ownership | 0.5% |
| Management average tenure | 5.2yrs |
| Board average tenure | 9.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2024 | n/a | n/a | US$114m |
| Sep 30 2024 | n/a | n/a | US$111m |
| Jun 30 2024 | n/a | n/a | US$110m |
| Mar 31 2024 | n/a | n/a | US$112m |
| Dec 31 2023 | US$2m | US$725k | US$123m |
| 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$99m |
Compensation vs Market: Van's total compensation ($USD2.18M) is about average for companies of similar size in the German market ($USD1.70M).
Compensation vs Earnings: Van's compensation has been consistent with company performance over the past year.
CEO
Van Dukeman (65 yo)
17.6yrs
Tenure
US$2,179,159
Compensation
Mr. Van A. Dukeman, CFA, is Chairman & CEO of First Busey Corporation and Chairman of Busey Bank. He also serves as a director of FirsTech, Inc. Prior to its merger with CrossFirst Bank in 2025, Mr. Dukema...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 17.6yrs | US$2.18m | 0.51% € 5.8m | |
| Executive VP & COO | 1.4yrs | US$1.09m | 0.082% € 947.4k | |
| Executive VP & General Counsel | 13.3yrs | US$953.68k | 0.24% € 2.8m | |
| Executive VP & Chief Risk Officer | 5.2yrs | US$849.31k | 0.027% € 312.5k | |
| President & Vice Chairman of the Board | 16.2yrs | no data | 0.30% € 3.5m | |
| EVP, Interim CFO & Chief Accounting Officer and EVP | less than a year | no data | 0.016% € 179.8k | |
| EVP, Chief Information & Technology Officer and EVP | no data | no data | 0.14% € 1.6m | |
| Vice President of Corporate Development and Investor Relations | no data | no data | no data |
5.2yrs
Average Tenure
54yo
Average Age
Experienced Management: FBYN's management team is seasoned and experienced (5.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 17.6yrs | US$2.18m | 0.51% € 5.8m | |
| President & Vice Chairman of the Board | 16.2yrs | no data | 0.30% € 3.5m | |
| Independent Director | 9.2yrs | no data | 0.075% € 869.6k | |
| Independent Director | 12.2yrs | US$130.00k | 0.32% € 3.7m | |
| Independent Director | 7.2yrs | no data | no data | |
| Lead Independent Director | 13.2yrs | no data | 0.29% € 3.4m | |
| Independent Director | 9.2yrs | US$142.50k | 0.78% € 9.0m | |
| Independent Director | 12.2yrs | no data | 0.077% € 894.1k | |
| Independent Director | 6.8yrs | US$141.88k | 0.29% € 3.3m | |
| Independent Director | 5.5yrs | US$123.50k | 0.062% € 713.7k | |
| Independent Director | 6.2yrs | US$131.55k | 0.21% € 2.4m | |
| Independent Director | no data | no data | 0.0067% € 77.0k |
9.2yrs
Average Tenure
60yo
Average Age
Experienced Board: FBYN's board of directors are considered experienced (9.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/16 14:46 |
| End of Day Share Price | 2025/03/14 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
First Busey Corporation is covered by 11 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Stephen Moss | B. Riley Securities, Inc. |
| null null | D.A. Davidson & Co. |
| Jeffrey Rulis | D.A. Davidson & Co. |