First Busey Corporation announced that Chairman, President and CEO Van Dukeman has agreed to a contract extension that will keep him as CEO through July 1, 2029. Dukeman will also continue as Chairman and President of the company and as Chairman of Busey Bank's board. He has led Busey since 2007 and overseen growth from $4 billion to more than $18 billion in assets. Under the letter agreement, Dukeman will retain at least 300,000 shares of First Busey common stock for two years after his CEO tenure ends.
First Busey CorpCEO contract extension signals leadership stability and commitment, positive for governance and investor confidence.