In 2016, Corey A. Chambas earned $614.92K in total compensation at First Business Financial Services, including $432.64K salary and $58.19K bonus. Most recently sold 40,000 shares in Nov 2024. Currently holds stock worth $6.40M. Has donated $191.72K in stock to charitable causes. Led First Business Financial Services as CEO for 9 years.
Compensation History
Annual executive compensation data for Corey A. Chambas, including salary, bonuses, and stock awards.
Year
2016
Total Compensation
$614.92K
Salary
$432.64K
Bonus
$58.19K
Other
$124.10K
Salary
$432.64KBoard Justification
The compensation philosophy is designed to align executive compensation with the success of meeting long-term strategic, operating, and financial goals, emphasizing a pay-for-performance approach.
Bonus
$58.19KBoard Justification
The bonus for Mr. Chambas was calculated based on the performance of the Company, with a target payout of 45% of his salary, resulting in an actual payout of 13.45% of his eligible compensation.
Other Compensation
$124.10KBoard Justification
Other compensation includes a 401(k) match, auto reimbursement, profit sharing, and dividends on unvested restricted stock.
Restricted Stock
Board Justification
No stock was granted to Mr. Chambas in 2016; he recommended not to receive an equity grant that year.
Performance Metrics
The performance metrics for determining the compensation included adjusted top line revenue, analyzed service charges, adjusted return on assets, and SBA loan volume.
Corey A. Chambas
Ex-CEO of First Business Financial Services
Education
Not specified
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
June 1, 1962 - 63 years ago
CEO of First Business Financial Services for
9 years 0 months (Jan 2007 - Jan 2016)
Previous Experience
President and Chief Operating Officer of the Company since February, 2005; Executive Vice President of the Company from July, 2002 to February, 2005; Chief Executive Officer of First Business Bank since July, 1999.
Other First Business Financial Services CEOs
Holdings
Track Corey A. Chambas's stock holdings and portfolio value over time.
Total Stock Sold
$2.94M
$2.94M
80,815 FBIZ shares
What if they kept their stock?
If Corey A. Chambas didn't sell their stock, today they would have:
Extra FBIZ80,815 shares worth $4.38M.
This is 49.14% and $1.44M more than what they got when they sold the stock.
Charitable Transactions
3,536 shares
FBIZ
Recent Charitable Transactions
128 shares
FBIZ
Jan 5, 2024
Charity
663 shares
FBIZ
Nov 22, 2021
Charity
817 shares
FBIZ
Nov 20, 2019
Charity
440 shares
FBIZ
Dec 21, 2017
Charity
435 shares
FBIZ
Dec 4, 2017
Charity
317 shares
FBIZ
Oct 29, 2015
Charity
Insider Trading
Corey A. Chambas's recent stock transactions, purchases, and sales filed with the SEC.
$1.95M
FBIZ at $48.81/share
Nov 7, 2024
Sale
15,010 shares
FBIZ
Apr 19, 2024
Received
3,515 shares
FBIZ
Feb 16, 2024
Received
128 shares
FBIZ
Jan 5, 2024
Charity
$332.08K
FBIZ at $29.13/share
Apr 17, 2023
Received
3,460 shares
FBIZ
Feb 16, 2023
Received
$440.22K
FBIZ at $33.00/share
Apr 18, 2022
Received
3,410 shares
FBIZ
Feb 16, 2022
Received
663 shares
FBIZ
Nov 22, 2021
Charity
5,000 shares
FBIZ
Feb 16, 2021
Received
Rivals
Compare Corey A. Chambas with competitor CEOs and industry peers.
Michael Peduzzi
CEO of CNB Financial
2022 Compensation
Stock
$22.27K
Salary
$623.00K
Bonus
$209.95K
Other
$72.33K
Total Holdings
$1.77M
Michael E. Daniels
Founder and CEO of Nicolet Bankshares
2024 Compensation
Stock
$152.07K
Salary
$700.00K
Bonus
$1.05M
Other
$408.61K
Total Holdings
$821.89K
Mark K. Hardwick
CEO of First Merchants Corporation
2023 Compensation
Stock
$611.04K
Salary
$728.00K
Bonus
$369.81K
Other
$78.87K
Total Holdings
$128.45K
Anthony Labozzetta
CEO of Provident Financial Services
2023 Compensation
Stock
$61.82K
Salary
$818.27K
Bonus
$309.38K
Other
$121.55K
Total Holdings
$20.11K