First Busey Corporation

NasdaqGS:BUSE Stock Report

Market Cap: US$1.3b

First Busey Management

Management criteria checks 4/4

First Busey's CEO is Van Dukeman, appointed in Aug 2007, has a tenure of 16.58 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 $5.71M. The average tenure of the management team and the board of directors is 4.7 years and 6.3 years respectively.

Key information

Van Dukeman

Chief executive officer

US$2.5m

Total compensation

CEO salary percentage28.9%
CEO tenure16.6yrs
CEO ownership0.4%
Management average tenure4.7yrs
Board average tenure6.3yrs

Recent management updates

Recent updates

First Busey (NASDAQ:BUSE) Has Announced A Dividend Of $0.24

Jan 13
First Busey (NASDAQ:BUSE) Has Announced A Dividend Of $0.24

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

Jul 15
First Busey (NASDAQ:BUSE) Is Due To Pay A Dividend Of $0.24

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

Jun 08
Should You Be Adding First Busey (NASDAQ:BUSE) To Your Watchlist Today?

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

Apr 15
First Busey (NASDAQ:BUSE) Will Pay A Larger Dividend Than Last Year At $0.24

First Busey goes ex dividend tomorrow

Oct 19

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

Oct 18
First Busey (NASDAQ:BUSE) Has Affirmed Its Dividend Of $0.23

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

Jul 16
First Busey (NASDAQ:BUSE) Is Due To Pay A Dividend Of $0.23

First Busey: Getting Paid To Wait

Jan 28

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

Jan 15
First Busey's (NASDAQ:BUSE) Dividend Will Be US$0.23

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

May 13
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?

May 08
Do First Busey's (NASDAQ:BUSE) Earnings Warrant Your Attention?

First Busey EPS beats by $0.17, misses on revenue

Apr 27

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

Mar 09
Have Insiders Been Buying First Busey Corporation (NASDAQ:BUSE) Shares?

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

Jan 16
Why You Might Be Interested In First Busey Corporation (NASDAQ:BUSE) For Its Upcoming Dividend

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

Jan 06
How Much Of First Busey Corporation (NASDAQ:BUSE) Do Insiders Own?

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

Dec 11
Reflecting on First Busey's (NASDAQ:BUSE) Share Price Returns Over The Last Three Years

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

Nov 20
How Does First Busey's (NASDAQ:BUSE) CEO Pay Compare With Company Performance?

CEO Compensation Analysis

How has Van Dukeman's remuneration changed compared to First Busey's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023n/an/a

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

Sep 30 2018n/an/a

US$86m

Jun 30 2018n/an/a

US$78m

Mar 31 2018n/an/a

US$69m

Dec 31 2017US$2mUS$611k

US$63m

Compensation vs Market: Van's total compensation ($USD2.49M) is below average for companies of similar size in the US market ($USD5.10M).

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


CEO

Van Dukeman (64 yo)

16.6yrs

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

NamePositionTenureCompensationOwnership
Van Dukeman
Chairman & CEO16.6yrsUS$2.49m0.43%
$ 5.7m
Jeffrey Jones
Executive VP & CFO4.7yrsUS$1.35m0.038%
$ 504.2k
Amy Randolph
Executive VP & COOless than a yearUS$1.22m0.042%
$ 559.3k
John Powers
Executive VP & General Counsel12.3yrsUS$1.07m0.23%
$ 3.1m
Monica Bowe
Executive VP & Chief Risk Officer4.2yrsno data0.012%
$ 155.6k

4.7yrs

Average Tenure

49yo

Average Age

Experienced Management: BUSE's management team is considered experienced (4.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Van Dukeman
Chairman & CEO16.6yrsUS$2.49m0.43%
$ 5.7m
Samuel Banks
Independent Director3.5yrsUS$129.50k0.050%
$ 662.3k
Gregory Lykins
Vice Chairman of the Board17.2yrsUS$145.79k0.49%
$ 6.4m
Stephen King
Independent Director11.2yrsUS$137.63k0.30%
$ 4.0m
Stanley Bradshaw
Independent Lead Director8.2yrsUS$153.25k0.73%
$ 9.6m
Frederic Kenney
Independent Director5.8yrsUS$150.13k0.25%
$ 3.2m
Karen Jensen
Independent Director4.5yrsUS$129.50k0.061%
$ 800.9k
Cassandra Sanford
Independent Director1.8yrsUS$58.70k0.0091%
$ 119.3k
George Barr
Independent Director6.7yrsUS$129.50k0.42%
$ 5.6m
Michael Cassens
Independent Director5.2yrsUS$139.13k0.22%
$ 3.0m

6.3yrs

Average Tenure

64yo

Average Age

Experienced Board: BUSE's board of directors are considered experienced (6.3 years average tenure).


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