First Business Financial Services Management
Management criteria checks 4/4
First Business Financial Services' CEO is Corey Chambas, appointed in Dec 2006, has a tenure of 17.92 years. total yearly compensation is $1.98M, comprised of 30.8% salary and 69.2% bonuses, including company stock and options. directly owns 1.56% of the company’s shares, worth $6.48M. The average tenure of the management team and the board of directors is 6.4 years and 6.4 years respectively.
Key information
Corey Chambas
Chief executive officer
US$2.0m
Total compensation
| CEO salary percentage | 30.8% |
| CEO tenure | 17.9yrs |
| CEO ownership | 1.6% |
| Management average tenure | 6.4yrs |
| Board average tenure | 6.4yrs |
Recent management updates
Recent updates
Analysts Have Made A Financial Statement On First Business Financial Services, Inc.'s (NASDAQ:FBIZ) Third-Quarter Report
Oct 31
First Business Financial Services' (NASDAQ:FBIZ) Shareholders Will Receive A Bigger Dividend Than Last Year
May 04First Business Financial Services GAAP EPS of $1.29 beats by $0.39, revenue of $30.53M beats by $1.2M
Jul 28First Business Financial: Outlook On Top-Line Growth Remains Positive
Mar 23First Business Financial Services (NASDAQ:FBIZ) Is Paying Out A Larger Dividend Than Last Year
Feb 03First Business Financial Services declares $0.18 dividend
Apr 30Increases to First Business Financial Services, Inc.'s (NASDAQ:FBIZ) CEO Compensation Might Cool off for now
Apr 24Have Insiders Been Buying First Business Financial Services, Inc. (NASDAQ:FBIZ) Shares This Year?
Mar 14What Kind Of Investors Own Most Of First Business Financial Services, Inc. (NASDAQ:FBIZ)?
Feb 15
First Business Financial gets bullish call from Janney as talent drives growth
Feb 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$38m |
| Jun 30 2024 | n/a | n/a | US$37m |
| Mar 31 2024 | n/a | n/a | US$35m |
| Dec 31 2023 | US$2m | US$610k | US$35m |
| Sep 30 2023 | n/a | n/a | US$36m |
| Jun 30 2023 | n/a | n/a | US$36m |
| Mar 31 2023 | n/a | n/a | US$39m |
| Dec 31 2022 | US$2m | US$560k | US$39m |
| Sep 30 2022 | n/a | n/a | US$38m |
| Jun 30 2022 | n/a | n/a | US$36m |
| Mar 31 2022 | n/a | n/a | US$34m |
| Dec 31 2021 | US$2m | US$510k | US$35m |
| Sep 30 2021 | n/a | n/a | US$32m |
| Jun 30 2021 | n/a | n/a | US$28m |
| Mar 31 2021 | n/a | n/a | US$23m |
| Dec 31 2020 | US$1m | US$490k | US$17m |
| Sep 30 2020 | n/a | n/a | US$16m |
| Jun 30 2020 | n/a | n/a | US$17m |
| Mar 31 2020 | n/a | n/a | US$20m |
| Dec 31 2019 | US$1m | US$466k | US$23m |
| Sep 30 2019 | n/a | n/a | US$21m |
| Jun 30 2019 | n/a | n/a | US$21m |
| Mar 31 2019 | n/a | n/a | US$18m |
| Dec 31 2018 | US$747k | US$443k | US$16m |
| Sep 30 2018 | n/a | n/a | US$16m |
| Jun 30 2018 | n/a | n/a | US$13m |
| Mar 31 2018 | n/a | n/a | US$12m |
| Dec 31 2017 | US$713k | US$443k | US$12m |
Compensation vs Market: Corey's total compensation ($USD1.98M) is about average for companies of similar size in the US market ($USD2.18M).
Compensation vs Earnings: Corey's compensation has been consistent with company performance over the past year.
CEO
Corey Chambas (61 yo)
17.9yrs
Tenure
US$1,978,749
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 served as its President since February 2005 Jan...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 17.9yrs | US$1.98m | 1.56% $ 6.5m | |
| President & COO | 8.6yrs | US$729.34k | 0.36% $ 1.5m | |
| CFO & Treasurer | 1.7yrs | US$588.39k | 0.038% $ 158.6k | |
| Executive Vice President | 1.8yrs | US$502.16k | 0.65% $ 2.7m | |
| Chief Credit Officer | 4.6yrs | US$506.51k | 0.15% $ 630.1k | |
| Chief Accounting Officer | 1.6yrs | no data | 0.015% $ 62.8k | |
| Chief Information Officer | 10.4yrs | no data | 0.15% $ 626.7k | |
| Managing Director of Compliance & Risk Management | no data | no data | no data | |
| Senior Director of Marketing & Communications | no data | no data | no data | |
| Chief Human Resources Officer | 14.8yrs | no data | 0.24% $ 1.0m | |
| President of Accounts Receivable Financing at First Business Specialty Finance | 5.6yrs | no data | no data | |
| President of Northeast Wisconsin Market | 7.3yrs | no data | no data |
6.4yrs
Average Tenure
58.5yo
Average Age
Experienced Management: FBIZ's management team is seasoned and experienced (6.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 22.3yrs | US$1.98m | 1.56% $ 6.5m | |
| President | 1.8yrs | no data | 0.34% $ 1.4m | |
| Independent Director | 5.9yrs | US$65.00k | 0.31% $ 1.3m | |
| Independent Director | 5.9yrs | US$58.50k | 0.38% $ 1.6m | |
| Independent Director | 8.2yrs | US$70.00k | 0.14% $ 589.7k | |
| Independent Chair of the Board | 13yrs | US$114.25k | 0.79% $ 3.3m | |
| Independent Director | 6.4yrs | US$61.50k | 0.21% $ 875.1k | |
| Independent Director | 12.8yrs | US$60.00k | 0.17% $ 695.5k | |
| Independent Director | 5.9yrs | US$66.50k | 0.089% $ 367.2k | |
| Independent Director | 7.4yrs | US$58.50k | 0.086% $ 355.5k | |
| Independent director | less than a year | no data | no data |
6.4yrs
Average Tenure
61yo
Average Age
Experienced Board: FBIZ's board of directors are considered experienced (6.4 years average tenure).