First Business Financial Services, Inc.

NasdaqGS:FBIZ Stock Report

Mkt Cap: US$288.3m

First Business Financial Services Management

How experienced are the management team and are they aligned to shareholders interests?

6.9yrs

Average management tenure


CEO

Corey Chambas (59 yo)

20.5yrs

Tenure

US$1,629,663

Compensation

Mr. Corey A. Chambas has been the Chief Executive Officer of First Business Financial Services, Inc. and First Business Capital Corp. since December 2006 and had been its President since February 2005. Mr....


CEO Compensation Analysis

How has Corey Chambas's remuneration changed compared to First Business Financial Services's earnings?
DateTotal Comp.SalaryCompany Earnings
Dec 31 2022n/an/a

US$40m

Sep 30 2022n/an/a

US$38m

Jun 30 2022n/an/a

US$36m

Mar 31 2022n/an/a

US$34m

Dec 31 2021US$2mUS$510k

US$35m

Sep 30 2021n/an/a

US$32m

Jun 30 2021n/an/a

US$28m

Mar 31 2021n/an/a

US$23m

Dec 31 2020US$1mUS$490k

US$17m

Sep 30 2020n/an/a

US$16m

Jun 30 2020n/an/a

US$17m

Mar 31 2020n/an/a

US$20m

Dec 31 2019US$1mUS$466k

US$23m

Sep 30 2019n/an/a

US$21m

Jun 30 2019n/an/a

US$21m

Mar 31 2019n/an/a

US$18m

Dec 31 2018US$747kUS$443k

US$16m

Sep 30 2018n/an/a

US$16m

Jun 30 2018n/an/a

US$13m

Mar 31 2018n/an/a

US$12m

Dec 31 2017US$713kUS$443k

US$12m

Sep 30 2017n/an/a

US$12m

Jun 30 2017n/an/a

US$12m

Mar 31 2017n/an/a

US$14m

Dec 31 2016US$640kUS$433k

US$15m

Compensation vs Market: Corey's total compensation ($USD1.63M) is about average for companies of similar size in the US market ($USD1.65M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Corey Chambas
CEO & Director16.08yrsUS$1.63m1.8%
$ 5.2m
David Seiler
President & COO6.75yrsUS$670.05k0.24%
$ 701.9k
Edward Sloane
Chief Financial Officer7yrsUS$601.86k0.23%
$ 658.1k
Mark Meloy
Executive Vice Presidentno dataUS$486.47k0.63%
$ 1.8m
Brian Spielmann
Deputy CFO & Chief Accounting Officer2.42yrsno data0.042%
$ 121.2k
Daniel Ovokaitys
Chief Information Officer8.58yrsno data0.11%
$ 306.1k
Barbara Conley
General Counsel14.58yrsno data0.32%
$ 920.6k
Theresa Wiese
Managing Director of Compliance & Risk Managementno datano datano data
Jodie Johnson
Senior Director of Marketing & Communicationsno datano datano data
Jodi Chandler
Chief Human Resources Officer13yrsno data0.28%
$ 820.2k
Michael Losenegger
Senior Vice President of Credit Administration2.83yrsUS$478.22kno data
Bill Elliott
President of Accounts Receivable Financing at First Business Specialty Finance3.75yrsno datano data

6.9yrs

Average Tenure

59yo

Average Age

Experienced Management: FBIZ's management team is seasoned and experienced (6.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Corey Chambas
CEO & Director20.5yrsUS$1.63m1.8%
$ 5.2m
Daniel Olszewski
Independent Director4.08yrsUS$46.83k0.29%
$ 835.0k
Ralph Kauten
Independent Director4.08yrsUS$43.75k0.36%
$ 1.0m
Carol Sanders
Independent Director6.33yrsUS$52.25k0.11%
$ 306.6k
Mark Bugher
Independent Director17.5yrsUS$48.75k0.13%
$ 375.3k
Gerald Kilcoyne
Independent Chair of the Board11.17yrsUS$100.67k0.69%
$ 2.0m
W. Lorenz
Independent Director4.58yrsUS$50.50k0.22%
$ 636.4k
John Harris
Independent Director11yrsUS$45.25k0.14%
$ 391.2k
Laurie Benson
Independent Director4.08yrsUS$54.33k0.070%
$ 200.6k
Carla Chavarria
Independent Director5.58yrsUS$42.25k0.055%
$ 158.4k

6.0yrs

Average Tenure

60.5yo

Average Age

Experienced Board: FBIZ's board of directors are considered experienced (6 years average tenure).