First Busey CEO Van Dukeman's 2019 pay rises 6% to $2.2M
First Busey reports 2019 executive compensation
By ExecPay News
Published: April 9, 2020
First Busey reported fiscal year 2019 executive compensation information on April 9, 2020.
In 2019, six executives at First Busey received on average a compensation package of $1.2M, a 6% increase compared to previous year.
Average pay of disclosed executives at First Busey
Van A. Dukeman, Chief Executive Officer, received $2.2M in total, which increased by 6% compared to 2018. 39% of Dukeman's compensation, or $850K, was in stock awards. Dukeman also received $625K in bonus, $7.3K of change in pension value and nonqualified deferred compensation earnings, $662K in salary, as well as $42K in other compensation.
For fiscal year 2019, the median employee pay was $50,009 at First Busey. Therefore, the ratio of Van A. Dukeman's pay to the median employee pay was 44 to one.
Robin N. Elliott, Chief Executive Officer, received a compensation package of $1.3M, which increased by 15% compared to previous year. 35% of the compensation package, or $475K, was in stock awards.
Amy L. Randolph, Chief of Staff and Executive Vice President, Pillar Relations, earned $1M in 2019, a 24% increase compared to previous year.
Jeffrey D. Jones, Chief Financial Officer, received $953K in 2019.
John J. Powers, General Counsel, earned $932K in 2019.
Robert F. Plecki, Jr, Chief Credit Officer, received $842K in 2019, which is about the same as previous year.
Related executives
Van Dukeman
First Busey
Chief Executive Officer
Robin Elliott
First Busey
Chief Executive Officer
Jeffrey Jones
First Busey
Chief Financial Officer
Amy Randolph
First Busey
Chief of Staff and Executive Vice President, Pillar Relations
Robert Plecki
First Busey
Chief Credit Officer
John Powers
First Busey
General Counsel
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Source: SEC filing on April 9, 2020.