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First Business Financial Announces Board Restructuring Changes
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First Business Financial Announces Board Restructuring Changes

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An announcement from First Business Financial ( (FBIZ) ) is now available.

On December 17, 2024, Carol P. Sanders resigned from the Board of Directors of First Business Financial Services, Inc., where she was the Chair of the Audit Committee and a member of the Compensation Committee. Her resignation was not due to any disagreements with the company’s operations, policies, or practices. In response to Sanders’s departure and the recent passing of another board member, the Board appointed Ralph R. Kauten as Chair of the Audit Committee, Jerry L. Kilcoyne to the Audit Committee, and W. Kent Lorenz to the Compensation Committee. Furthermore, the Board reduced its total number of seats from nine to seven to address the vacancies.

More about First Business Financial

YTD Price Performance: 15.10%

Average Trading Volume: 23,863

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $373.1M

Learn more about FBIZ stock on TipRanks’ Stock Analysis page.

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