First Busey Corporation (NASDAQ:BUSE) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On November 29, 2017, Susan K. Miller announced her resignation from her positions as Deputy Chief Financial Officer, Chief Accounting Officer and principal accounting officer of First Busey Corporation (the"Company"). Her resignation will become effective on December 8, 2017. Ms. Miller joined the Company in December 2011 and has led the finance, accounting and treasury functions during her tenure. She will be assuming the Chief Financial Officer role at a private bank following her departure.
On November 29, 2017, the Company appointed Jennifer L. Simons to serve as Executive Vice President and Chief Accounting Officer and will serve as the principal accounting officer effective December 8, 2017. Ms. Simons, age 57, previously served as Chief Financial Officer of Florida Community Bank, National Association ("FCB"), a bank with over $10 billion in assets headquartered in Weston, Florida, from January 2016 to August 2017, prior to which she served as Chief Accounting Officer from April 2015 to January 2016, and Director of Acquired Assets from December 2014 to April 2015. Prior to joining FCB, Ms. Simons was a Vice President and Senior Finance Manager at PNC Bank, National Association, headquartered in Pittsburgh, Pennsylvania, from March 2010 to December 2014. In that capacity, she was responsible for accounting, regulatory, and finance matters. Ms. Simons is a graduate of University of Wisconsin Madison, where she received her Bachelor of Science degree in accounting.
Ms. Simons does not have a direct or indirect material interest in any transaction with the Company required to be disclosed to Item 404(a) of Regulation S-K. There is also no arrangement or understanding between Ms. Simons and any other person to which Ms.Simons was selected for any of her newly-appointed positions, nor is Ms. Simons related to any member of the Board of Directors or executive officers of the Company.
About First Busey Corporation (NASDAQ:BUSE)
First Busey Corporation (First Busey) is a financial holding company. The Company offers a range of financial services through its banking and non-banking subsidiaries at multiple locations in Illinois, Florida, Indiana and Missouri. First Busey has a bank subsidiary, Busey Bank (the Bank). It operates through three segments: Banking, Remittance Processing and Wealth Management. The Banking operating segment provides a range of banking services to individual and corporate customers through its branch network in downstate Illinois, through its branch in Indianapolis, Indiana, and through its branch network in southwest Florida. The Remittance Processing segment provides for online bill payments, lockbox and walk-in payments. The Wealth Management segment provides a range of asset management, investment and fiduciary services to individuals, businesses and foundations, tax preparation, philanthropic advisory services, and farm and brokerage services.
