First Busey CEO Van Dukeman's 2021 pay slips 13% to $2.1M
First Busey reports 2021 executive compensation
By ExecPay News
Published: April 14, 2022
First Busey reported fiscal year 2021 executive compensation information on April 14, 2022.
In 2021, five executives at First Busey received on average a compensation package of $1.3M, a 14% decrease compared to previous year.
Average pay of disclosed executives at First Busey
Van A. Dukeman, Chief Executive Officer, received $2.1M in total, which decreased by 13% compared to 2020. 40% of Dukeman's compensation, or $841K, was in stock awards. Dukeman also received $543K in non-equity incentive plan, $694K in salary, as well as $39K in other compensation.
For fiscal year 2021, the median employee pay was $59,999 at First Busey. Therefore, the ratio of Van A. Dukeman's pay to the median employee pay was 35 to one.
Robin N. Elliott, Chief Executive Officer, received a compensation package of $1.3M, which decreased by 13% compared to previous year. 38% of the compensation package, or $470K, was in stock awards.
Jeffrey D. Jones, Chief Financial Officer, earned $1.2M in 2021, a 15% decrease compared to previous year.
Amy L. Randolph, Chief of Staff and Executive Vice President, Pillar Relations, received $1M in 2021, which decreases by 12% compared to 2020.
John J. Powers, General Counsel, earned $923K in 2021, a 14% decrease compared to previous year.
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Source: SEC filing on April 14, 2022.