First Busey Management
Management criteria checks 3/4
First Busey's CEO is Van Dukeman, appointed in Aug 2007, has a tenure of 18.58 years. total yearly compensation is $2.85M, comprised of 27.4% salary and 72.6% bonuses, including company stock and options. directly owns 0.34% of the company’s shares, worth $7.36M. The average tenure of the management team and the board of directors is 4.3 years and 9.2 years respectively.
Key information
Van Dukeman
Chief executive officer
US$2.8m
Total compensation
| CEO salary percentage | 27.36% |
| CEO tenure | 18.6yrs |
| CEO ownership | 0.3% |
| Management average tenure | 4.3yrs |
| Board average tenure | 9.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2025 | n/a | n/a | 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$103m |
Compensation vs Market: Van's total compensation ($USD2.85M) is below average for companies of similar size in the US market ($USD5.40M).
Compensation vs Earnings: Van's compensation has increased by more than 20% in the past year.
CEO
Van Dukeman (66 yo)
Mr. Van A. Dukeman, CFA, is Chairman, President & CEO of First Busey Corporation and Chairman & CEO of Busey Bank. He also serves as a director of FirsTech, Inc. Mr. Dukeman served as President & Chief Exe...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 18.6yrs | US$2.85m | 0.34% $ 7.4m | |
| Executive VP & COO | 2.4yrs | US$1.53m | 0.049% $ 1.1m | |
| Executive VP | 14.3yrs | US$1.20m | 0.15% $ 3.3m | |
| Executive VP & Chief Risk Officer | 6.2yrs | US$1.19m | 0.018% $ 392.1k | |
| Executive VP & Chief Financial Officer | less than a year | no data | no data | |
| Executive VP & Chief Accounting Officer | no data | no data | 0.010% $ 223.1k | |
| Executive VP and Chief Information & Technology Officer | 1yr | no data | 0.093% $ 2.0m | |
| Vice President of Corporate Development and Investor Relations | no data | no data | no data | |
| Executive VP & Chief Credit Officer | no data | no data | 0.069% $ 1.5m |
Experienced Management: BUSE.P's management team is considered experienced (4.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 18.6yrs | US$2.85m | 0.34% $ 7.4m | |
| Independent Director | 10.2yrs | no data | 0.050% $ 1.1m | |
| Independent Director | 13.2yrs | US$134.99k | 0.21% $ 4.5m | |
| Independent Director | 8.2yrs | no data | 0.0058% $ 124.7k | |
| Lead Independent Director | 14.2yrs | no data | 0.19% $ 4.1m | |
| Independent Director | 10.2yrs | US$147.49k | 0.55% $ 11.8m | |
| Independent Director | 13.2yrs | no data | 0.051% $ 1.1m | |
| Independent Director | 7.8yrs | US$147.49k | 0.33% $ 7.0m | |
| Independent Director | 6.5yrs | US$128.49k | 0.076% $ 1.6m | |
| Independent Director | 1yr | no data | 0.073% $ 1.6m | |
| Independent Director | 7.2yrs | US$136.19k | 0.13% $ 2.9m | |
| Independent Director | 1yr | no data | no data |
Experienced Board: BUSE.P'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 | 2026/03/26 14:12 |
| End of Day Share Price | 2026/03/26 00:00 |
| Earnings | 2025/12/31 |
| 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 |
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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
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Analyst Sources
First Busey Corporation is covered by 9 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 |
|---|---|
| Brian Martin | Brean Capital Historical (Janney Montgomery) |
| Stephen Moss | B. Riley Securities, Inc. |
| Jeffrey Rulis | D.A. Davidson & Co. |