First Busey CEO Van Dukeman's 2018 pay rises 16% to $2.1M
First Busey reports 2018 executive compensation
By ExecPay News
Published: April 11, 2019
First Busey reported fiscal year 2018 executive compensation information on April 11, 2019.
In 2018, five executives at First Busey received on average a compensation package of $1.2M, a 10% increase compared to previous year.
Average pay of disclosed executives at First Busey
Van A. Dukeman, Chief Executive Officer, received $2.1M in total, which increased by 16% compared to 2017. 39% of Dukeman's compensation, or $800K, was in stock awards. Dukeman also received $570K in bonus, $29K of change in pension value and nonqualified deferred compensation earnings, $634K in salary, as well as $30K in other compensation.
For fiscal year 2018, the median employee pay was $48,836 at First Busey. Therefore, the ratio of Van A. Dukeman's pay to the median employee pay was 42 to one.
Robin N. Elliott, Chief Financial Officer, received a compensation package of $1.2M, which increased by 5% compared to previous year. 34% of the compensation package, or $400K, was in stock awards.
Robert F. Plecki, Jr, Chief Credit Officer, earned $844K in 2018, a 6% increase compared to previous year.
Christopher M. Shroyer, Chief Executive Officer, received $843K in 2018, which increases by 6% compared to 2017.
Amy L. Randolph, Chief of Staff and Executive Vice President, Pillar Relations, earned $838K in 2018, a 11% increase compared to previous year.
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Source: SEC filing on April 11, 2019.