Former Vice Chairman and President of First Busey Corporation; Former President and Chief Executive Officer of Busey Bank · First Busey Corp (BUSE)

Michael Maddox

FY2025 is the first fiscal year CompBrief holds for Michael Maddox as a named executive officer of First Busey; the record below is that year, complete. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$3,725,021

2nd of 7 named executive officers at First Busey by FY2025 total.

7 named officers on file for First Busey, FY2025

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What this number hides

The filing gives the total. First Busey’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

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Compensation figures as of the proxy filed April 13, 2026 (DEF 14A).

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Michael Maddox compensation by year

First Busey Summary Compensation Table · the one fiscal year held
In US dollars, as First Busey reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2025
Salary$750,616
Bonus$0
Stock awards$1,745,183
Option awards$0
Non-equity incentive$1,109,080
Pension and deferred compensation$0
All other$120,142
Total$3,725,021

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: First Busey Corp DEF 14A filed April 13, 2026, accession 0000314489-26-000021, and prior-year filings. Open the filing on EDGAR.

How this page was built: the First Busey Corp filed document, accession 0000314489-26-000021. Every figure is read from that document and cited to the page and table it appears in. Filed April 13, 2026.

First Busey’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Van DukemanChairman and Chief Executive Officer$4,030,080
Michael Maddox · this pageFormer Vice Chairman and President of First Busey Corporation; Former President and Chief Executive Officer of Busey Bank$3,725,021
Amy RandolphExecutive Vice President, Chief Operating Officer$2,890,835
Monica BoweExecutive Vice President, Chief Risk Officer$1,838,848
Christopher ChanExecutive Vice President, Chief Financial Officer$1,672,397
Jeffrey JonesFormer Executive Vice President, Chief Financial Officer$1,532,777
Scott PhillipsExecutive Vice President, Chief Accounting Officer; Former Interim Chief Financial Officer$754,287

Board service

First Busey board · FY2024–FY2025

How this board is paid

Company policy: First Busey pays directors a $50,000 cash retainer and $73,000 in DSUs. As stated in First Busey's FY2025 proxy.

Michael Maddox's compensation dossier, First Busey

You have read Michael Maddox's totals and holdings. The dossier adds each equity grant First Busey disclosed for Michael Maddox and First Busey's own disclosed peer group, where the company discloses them, with every row in a PDF and a CSV cited to its filing.

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The full First Busey compensation record

free company brief

This page is one person within First Busey's record. The company brief lists every named executive, each linking to their own page.

Compensation, the day it’s disclosed

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are First Busey's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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Michael Maddox's compensation dossier