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 percentage33.3%
CEO tenure17.6yrs
CEO ownership0.5%
Management average tenure5.2yrs
Board average tenure9.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Van Dukeman's remuneration changed compared to First Busey's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024n/an/a

US$114m

Sep 30 2024n/an/a

US$111m

Jun 30 2024n/an/a

US$110m

Mar 31 2024n/an/a

US$112m

Dec 31 2023US$2mUS$725k

US$123m

Sep 30 2023n/an/a

US$131m

Jun 30 2023n/an/a

US$136m

Mar 31 2023n/an/a

US$137m

Dec 31 2022US$2mUS$720k

US$128m

Sep 30 2022n/an/a

US$124m

Jun 30 2022n/an/a

US$114m

Mar 31 2022n/an/a

US$114m

Dec 31 2021US$2mUS$694k

US$123m

Sep 30 2021n/an/a

US$122m

Jun 30 2021n/an/a

US$127m

Mar 31 2021n/an/a

US$123m

Dec 31 2020US$2mUS$675k

US$100m

Sep 30 2020n/an/a

US$101m

Jun 30 2020n/an/a

US$95m

Mar 31 2020n/an/a

US$93m

Dec 31 2019US$2mUS$662k

US$103m

Sep 30 2019n/an/a

US$100m

Jun 30 2019n/an/a

US$102m

Mar 31 2019n/an/a

US$102m

Dec 31 2018US$2mUS$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

NamePositionTenureCompensationOwnership
Van Dukeman
Chairman & CEO17.6yrsUS$2.18m0.51%
€ 5.8m
Amy Randolph
Executive VP & COO1.4yrsUS$1.09m0.082%
€ 947.4k
John Powers
Executive VP & General Counsel13.3yrsUS$953.68k0.24%
€ 2.8m
Monica Bowe
Executive VP & Chief Risk Officer5.2yrsUS$849.31k0.027%
€ 312.5k
Michael Maddox
President & Vice Chairman of the Board16.2yrsno data0.30%
€ 3.5m
Scott Phillips
EVP, Interim CFO & Chief Accounting Officer and EVPless than a yearno data0.016%
€ 179.8k
Amy Fauss
EVP, Chief Information & Technology Officer and EVPno datano data0.14%
€ 1.6m
Tate McKay
Vice President of Corporate Development and Investor Relationsno datano datano 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

NamePositionTenureCompensationOwnership
Van Dukeman
Chairman & CEO17.6yrsUS$2.18m0.51%
€ 5.8m
Michael Maddox
President & Vice Chairman of the Board16.2yrsno data0.30%
€ 3.5m
Kevin Rauckman
Independent Director9.2yrsno data0.075%
€ 869.6k
Stephen King
Independent Director12.2yrsUS$130.00k0.32%
€ 3.7m
Steven Caple
Independent Director7.2yrsno datano data
Rodney Brenneman
Lead Independent Director13.2yrsno data0.29%
€ 3.4m
Stanley Bradshaw
Independent Director9.2yrsUS$142.50k0.78%
€ 9.0m
Jennifer Grigsby
Independent Director12.2yrsno data0.077%
€ 894.1k
Frederic Kenney
Independent Director6.8yrsUS$141.88k0.29%
€ 3.3m
Karen Jensen
Independent Director5.5yrsUS$123.50k0.062%
€ 713.7k
Michael Cassens
Independent Director6.2yrsUS$131.55k0.21%
€ 2.4m
Tiffany White
Independent Directorno datano data0.0067%
€ 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

DataLast Updated (UTC time)
Company Analysis2025/03/16 05:08
End of Day Share Price 2025/03/14 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

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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.

AnalystInstitution
Stephen MossB. Riley Securities, Inc.
null nullD.A. Davidson & Co.
Jeffrey RulisD.A. Davidson & Co.