---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-040861"
form_type: "8-K"
ticker: "FBIZ"
cik: "0001521951"
company_name: "FIRST BUSINESS FINANCIAL SERVICES, INC."
filed_at: "2023-04-03T23:59:59+00:00"
generated_at: "2026-06-17T06:56:51.293725+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# First Business Financial Services appoints Brian Spielmann as CFO; Edward Sloane Jr. transitions to consultant

## Summary
- Brian D. Spielmann named CFO effective April 1, 2023; base salary $275,000; eligible for bonus target of 35%.
- Edward G. Sloane Jr. steps down as CFO on April 1 and enters consulting agreement at $6,250/month through March 31, 2024.
- Kevin D. Crampton appointed Chief Accounting Officer and Principal Accounting Officer as of April 1, 2023.
- Spielmann enters Change in Control Agreement providing 2x base salary severance plus target bonus and COBRA coverage for 18 months.

## SEC filing metadata
- accession: 0001104659-23-040861
- form_type: 8-K
- ticker: FBIZ
- cik: 0001521951
- company_name: FIRST BUSINESS FINANCIAL SERVICES, INC.
- filed_at: 2023-04-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1521951/000110465923040861/0001104659-23-040861-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1521951/000110465923040861/tm2311209d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-040861
- JSON: https://secwatch.observer/filing/0001104659-23-040861.json
- Plain text: https://secwatch.observer/filing/0001104659-23-040861.txt

## Key facts
- Executive change
  Kevin D. Crampton was appointed as Chief Accounting Officer and Principal Accounting Officer at FIRST BUSINESS FINANCIAL SERVICES, INC..
  - Action: appointed
  - Role: Chief Accounting Officer and Principal Accounting Officer
  source text: On April 1, 2023, the Board appointed Kevin D. Crampton, the Company’s Senior Director of Accounting, as the Company’s Chief Accounting Officer and Principal Accounting Officer effective as of the date of Mr. Spielmann’s appointment to Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1521951/000110465923040861/0001104659-23-040861-index.htm
- Executive change
  Brian D. Spielmann was appointed as Chief Financial Officer, Principal Financial Officer and Treasurer at FIRST BUSINESS FINANCIAL SERVICES, INC..
  - Action: appointed
  - Role: Chief Financial Officer, Principal Financial Officer and Treasurer
  source text: Effective April 1, 2023, the Board of Directors (the “Board”) of First Business Financial Services, Inc. (the “Company”) has appointed Brian D. Spielmann to serve as the Company’s Chief Financial Officer, Principal Financial Officer and Treasurer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1521951/000110465923040861/0001104659-23-040861-index.htm
- Executive change
  Edward G. Sloane, Jr. departed as Chief Financial Officer, Principal Financial Officer and Treasurer at FIRST BUSINESS FINANCIAL SERVICES, INC..
  - Action: ceased serving
  - Role: Chief Financial Officer, Principal Financial Officer and Treasurer
  source text: In conjunction with Mr. Spielmann’s appointment and as previously announced, Mr. Edward G. Sloane, Jr. will cease serving as the Company’s Chief Financial Officer, Principal Financial Officer and Treasurer effective April 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1521951/000110465923040861/0001104659-23-040861-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.