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First Busey Appoints Interim CFO Amid Leadership Change

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First Busey Appoints Interim CFO Amid Leadership Change

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First Busey ( (BUSE) ) just unveiled an announcement.

On February 18, 2025, First Busey Corporation announced the departure of Jeffrey D. Jones, its former Executive Vice President and Chief Financial Officer, effective February 18, 2025. His separation was amicable and unrelated to any disagreements over the company’s financial policies or operations. In conjunction with his departure, the company has appointed Scott A. Phillips as the Interim CFO. Phillips, who has extensive experience in the banking sector and has been with First Busey since 2019, will continue his responsibilities while stepping into this new role. This leadership change is unlikely to affect the company’s ongoing acquisition of CrossFirst Bankshares, Inc.

More about First Busey

First Busey Corporation operates within the financial services industry, primarily providing banking and financial solutions through its principal subsidiary, Busey Bank. The company focuses on delivering comprehensive financial services, including personal banking, commercial banking, wealth management, and investment services.

YTD Price Performance: 6.86%

Average Trading Volume: 289,255

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $1.42B

For an in-depth examination of BUSE stock, go to TipRanks’ Stock Analysis page.

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