First Busey Management

Management criteria checks 1/4

First Busey's CEO is Van Dukeman, appointed in Aug 2007, has a tenure of 19.08 years. total yearly compensation is $4.03M, comprised of 22.8% salary and 77.2% bonuses, including company stock and options. directly owns 0.67% of the company’s shares, worth €14.54M. The average tenure of the management team and the board of directors is 1.5 years and 7 years respectively.

Key information

Van Dukeman

Chief executive officer

US$4.0m

Total compensation

CEO salary percentage	22.80%
CEO tenure	19.1yrs
CEO ownership	0.7%
Management average tenure	1.5yrs
Board average tenure	7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Van Dukeman's remuneration changed compared to First Busey's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2026	n/a	n/a	US$212m
Mar 31 2026	n/a	n/a	US$201m
Dec 31 2025	US$4m	US$919k	US$125m
Sep 30 2025	n/a	n/a	US$97m
Jun 30 2025	n/a	n/a	US$77m
Mar 31 2025	n/a	n/a	US$57m
Dec 31 2024	US$3m	US$779k	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

Compensation vs Market: Van's total compensation ($USD4.03M) is above average for companies of similar size in the German market ($USD2.44M).

Compensation vs Earnings: Van's compensation has increased by more than 20% in the past year.

CEO

Van Dukeman (67 yo)

19.1yrs

Tenure

US$4,030,080

Compensation

Mr. Van A. Dukeman, CFA, has been the Chairman of First Busey Corporation since July 2020 and has been its President since January 27, 2026, CEO since August 01, 2007 and Director since August 2007. He ser...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Van Dukeman	Chairman	19.1yrs	US$4.03m	0.67% € 14.5m
Christopher Chan	Chief Financial Officer	1yr	US$1.67m	0% € 0
Amy Randolph	Chief Operating Officer	2.9yrs	US$2.89m	0.072% € 1.6m
Scott Phillips	Executive VP & Chief Accounting Officer	no data	US$754.29k	0.013% € 287.1k
Monica Bowe	Chief Risk Officer	6.7yrs	US$1.84m	0.028% € 603.3k
Amy Fauss	Chief Information & Technology Officer	1.5yrs	no data	0.10% € 2.2m
Tate McKay	Vice President of Corporate Development and Investor Relations	no data	no data	no data
Michael Peluso	General Counsel & Corporate Secretary	less than a year	no data	0.020% € 433.2k
Kristen Bosch	Executive VP & Chief Communications Officer	no data	no data	no data
Chip Jorstad	Chief Credit Officer	no data	no data	0.079% € 1.7m
Michael Daley	Chief Strategy Officer	less than a year	no data	no data

1.5yrs

Average Tenure

49yo

Average Age

Experienced Management: FBYN's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Van Dukeman	Chairman	19.1yrs	US$4.03m	0.67% € 14.5m
Kevin Rauckman	Independent Director	1.7yrs	US$128.29k	0.052% € 1.1m
Stephen King	Independent Director	13.7yrs	US$146.75k	0.22% € 4.8m
Steven Caple	Independent Director	1.7yrs	US$126.41k	0.0061% € 132.5k
Rodney Brenneman	Lead Independent Director	14.7yrs	US$148.91k	0.20% € 4.3m
Jennifer Grigsby	Independent Director	1.7yrs	US$128.29k	0.053% € 1.2m
Frederic Kenney	Independent Director	8.3yrs	US$163.37k	0.20% € 4.4m
Karen Jensen	Independent Director	7yrs	US$135.75k	0.079% € 1.7m
Scott Wehrli	Independent Director	1.5yrs	US$121.44k	0.081% € 1.8m
Michael Cassens	Independent Director	7.7yrs	US$150.87k	0.16% € 3.4m
Tiffany White	Independent Director	1.5yrs	US$125.96k	0% € 0

7.0yrs

Average Tenure

61yo

Average Age

Experienced Board: FBYN's board of directors are considered experienced (7 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/09/21 03:19
End of Day Share Price	2026/09/21 00:00
Earnings	2026/06/30
Annual Earnings	2025/12/31

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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

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 12 analysts. 7 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.
Jeffrey Rulis	D.A. Davidson & Co.
null null	D.A. Davidson & Co.

First Busey Management

Management criteria checks 1/4

Key information

Recent management updates

First Busey Corporation Announces Executive Changes

First Busey Corporation and Busey Bank Announce Retirement from the Board of Directors, Effective from July 29, 2026

First Busey Corporation Names Mike Daley Chief Strategy Officer

High number of new directors

First Busey Corporation, Annual General Meeting, May 20, 2026

First Busey Corporation Announces the Resignation of Michael J. Maddox from its Board of Directors, Effective January 27, 2026

Recent updates

First Busey Corporation to Report Q3, 2026 Results on Oct 27, 2026

First Busey Corporation Announces Executive Changes

First Busey Corporation and Busey Bank Announce Retirement from the Board of Directors, Effective from July 29, 2026

Second quarter 2026 earnings released: EPS: US$0.69 (vs US$0.53 in 2Q 2025)

First Busey Corporation Reports Net Charge-Offs for the Second Quarter Ended June 30, 2026

First quarter dividend of US$0.26 announced

First Busey Corporation Names Mike Daley Chief Strategy Officer

High number of new directors

First Busey Corporation to Report Q2, 2026 Results on Jul 28, 2026

First Busey Corporation Reports Net Charge-Offs for the First Quarter Ended March 31, 2026

First Busey Corporation, Annual General Meeting, May 20, 2026

First Busey Corporation to Report Q1, 2026 Results on Apr 28, 2026

First Busey Corporation Announces the Resignation of Michael J. Maddox from its Board of Directors, Effective January 27, 2026

First Busey Corporation Declares Quarterly Cash Dividend on Outstanding Shares of Common Stock, Payable on January 30, 2026

First Busey Corporation to Report Q4, 2025 Results on Jan 27, 2026

First Busey Corporation Reports Net Charge-Offs for the Third Quarter Ended September 30, 2025

First Busey Corporation Declares Quarterly Cash Dividend on Common Stock, Payable on October 31, 2025

First Busey Corporation and Busey Bank Announce Chief Financial Officer Changes, Effective September 30, 2025

First Busey Corporation to Report Q3, 2025 Results on Oct 28, 2025

First Busey Corporation to Report Q2, 2025 Results on Jul 22, 2025

First Busey Corporation Declares Quarterly Cash Dividend, Payable on July 25, 2025

First Busey Corporation, Annual General Meeting, May 29, 2025

First Busey Corporation Declares Quarterly Cash Dividend, Payable on April 25, 2025

First Busey Corporation to Report Q1, 2025 Results on Apr 22, 2025

First Busey Corporation and Busey Bank Announce Management Changes

First Busey Corporation and Busey Bank Announces CFO Changes

First Busey Corporation to Report Q4, 2024 Results on Jan 28, 2025

Investor sentiment improves as stock rises 20%

First Busey Corporation Reports Net Charge-Offs for the Third Quarter Ended September 30, 2024

First Busey Corporation Declares Quarterly Cash Dividend, Payable on October 25, 2024

Insufficient new directors

First Busey Corporation (NasdaqGS:BUSE) entered into a definitive agreement to acquire CrossFirst Bankshares, Inc. (NasdaqGS:CFB) for approximately $960 million.