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.

Total disclosed compensation, FY2025

$3,725,021

Compensation figures as of the proxy filed April 9, 2026 (DEF 14A).

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 9, 2026, accession 0000314489-26-000018, and prior-year filings. Open the filing on EDGAR.

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

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

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order First Busey's full Executive Compensation Report with peer benchmarking.

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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