First Busey (BUSE) executive compensation, 2026 proxy

Van A. Dukeman, Chairman and Chief Executive Officer, was paid $4M in 2025, up 42% from $2.8M the year before. The CEO-to-median-employee pay ratio was 53:1, on median employee pay of $76,472.

Filed
April 9, 2026
Annual meeting
May 20, 2026
Pay year
2025
Named executives
7
CEO total pay
$4M+42% vs prior year
CEO to median employee
53:1median $76,472
CEO pay in equity
48%$1.9M in awards
Prior say-on-pay support
96%of votes cast
CEO Target Bonus
$1,190,000Based on 2025 annual incentive plan.
CEO Stock Awards
$1,939,686Granted in 2025 under equity plans.
Net Income
$135,262,000For fiscal year 2025.

How Dukeman was paid

$4M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary23%Stock awards48%Non-equity incentive28%All other compensation2%

Named executive officers

ExecutiveTotal
Van A. DukemanChairman and Chief Executive Officer$4,030,080
Christopher H.M. ChanExecutive Vice President, Chief Financial Officer$1,672,397
Jeffrey D. JonesFormer Executive Vice President, Chief Financial Officer$1,532,777
Scott A. PhillipsExecutive Vice President, Chief Accounting Officer; Former Interim Chief Financial Officer$754,287
Michael J. MaddoxFormer Vice Chairman and President of First Busey Corporation$3,725,021
Amy L. RandolphExecutive Vice President, Chief Operating Officer$2,890,835
Monica L. BoweExecutive Vice President, Chief Risk Officer$1,838,848

What changed and why

  • $4MCEO Van A. Dukeman total compensation increased to $4,030,080 in fiscal 2025.
  • 96%Stockholders approved the prior say-on-pay proposal with approximately 96% support.
  • The company emphasizes variable, at-risk compensation tied to objective performance measures.
  • The 2026 annual meeting will be held virtually on May 20, 2026.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.