First Busey extended Van A. Dukeman's term as Chairman, President and Chief Executive Officer through July 1, 2029, and granted a one-time retention RSU award.
| IndividualVan A. Dukeman | RoleChairman, President and Chief Executive Officer of First Busey; Chairman and Chief Executive Officer of Busey Bank | Type of ChangeExtension of term / Compensation arrangement (Letter Agreement) | Effective DateLetter Agreement dated July 13, 2026; Expected Term through July 1, 2029 | ReasonBoard deemed extension to be in the best interests of First Busey | Replacement InfoNot disclosed | Background DetailsExisting base salary, annual bonus and long-term equity opportunities remain unchanged; eligible for prorated annual bonuses and long-term equity awards in 2027 and 2028; subject to prior employment agreement and non-competition covenant | Board/Committee Role ChangesNot disclosed |
Original SEC Filing:
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