secwatch.observer — SEC 8-K summary
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Issuer:     FIRST BUSINESS FINANCIAL SERVICES, INC. (FBIZ)
CIK:        0001521951
Form:       8-K
Filed at:   2025-05-05T23:59:59+00:00
Accession:  0000950170-25-063201
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

First Business CEO Corey Chambas to retire May 2, 2026; COO Dave Seiler named successor
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- Corey Chambas to retire as CEO effective May 2, 2026; will remain on boards.
- David R. Seiler, currently President and COO, appointed CEO effective same date.
- Chambas has been CEO since Jan 2006; joined company in 1993.
- Seiler joined in Apr 2016; previously MD at BMO Harris Bank.
- Board Chairman Jerry Kilcoyne praises Chambas' leadership and transition plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1521951/000095017025063201/0000950170-25-063201-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1521951/000095017025063201/fbiz-20250502.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-063201

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer