In 2007, Douglas C. Mills earned $283.43K in total compensation at First Busey Corporation, primarily from $181.25K salary. Most recently acquired 5,942 shares in Dec 2009. Has donated $2.20M in stock to charitable causes. Led First Busey Corporation as CEO for 27 years.
Compensation History
Annual executive compensation data for Douglas C. Mills, including salary, bonuses, and stock awards.
Year
2007
Total Compensation
$283.43K
Salary
$181.25K
Bonus
$0.00
Other
$102.18K
Salary
$181.25KBoard Justification
The compensation philosophy aims to attract, retain, and motivate executives through a competitive compensation program that aligns with company performance and shareholder interests.
Bonus
$0.00Board Justification
Douglas Mills did not receive a bonus payment for 2007 following the completion of the Main Street merger.
Other Compensation
$102.18KBoard Justification
Other compensation includes contributions to the Employee Stock Ownership Plan, life insurance premiums, and other benefits.
Restricted Stock
Board Justification
No stock was vested in 2007 as there were no stock grants made during that year due to the pending merger.
Performance Metrics
The performance metrics for determining compensation included earnings per share targets and overall company performance.
Douglas C. Mills
Founder and Ex-CEO of First Busey Corporation
Education
Not specified
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
January 1, 1937 - 88 years ago
CEO of First Busey Corporation for
27 years 7 months (Jan 1980 - Aug 2007)
Previous Experience
Founder of First Busey Corporation
Other First Busey Corporation CEOs
Holdings
Track Douglas C. Mills's stock holdings and portfolio value over time.
Charitable Transactions
91,391 shares
BUSE
Recent Charitable Transactions
Insider Trading
Douglas C. Mills's recent stock transactions, purchases, and sales filed with the SEC.
Rivals
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