secwatch / observer
8-K filed March 3, 2025, 6:59 PM ET ticker BUSE CIK 0000314489
M&A confidence high sentiment neutral materiality 0.85

Busey completes acquisition of CrossFirst Bankshares, effective March 1, 2025

FIRST BUSEY CORP /NV/

item 2.01item 3.03item 5.02item 5.03item 8.01item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Michael J. Maddox

Director
BUSE · FIRST BUSEY CORP /NV/
Filed
March 3, 2025, 6:59 PM ET
The five (5) CrossFirst Designated Directors that were appointed by the Board to fill the vacancies resulting from the resignations referred to above and the increase in the size of the Board to thirteen (13) as of the Effective Time, in each case effective from and after the Effective Time, are as follows: Michael J. Maddox, Rodney K. Brenneman, Steven W. Caple, Jennifer M. Grigsby and Kevin S. Rauckman
Appointed

Michael J. Maddox

Executive Vice Chairman of the Board and President of Busey, Chief Executive Officer and President of Busey Bank
BUSE · FIRST BUSEY CORP /NV/
Filed
March 3, 2025, 6:59 PM ET
Mr. Maddox was appointed to serve as the Executive Vice Chairman of the Board and as the President of Busey, reporting to the Chief Executive Officer of Busey, and as the Chief Executive Officer and President of Busey Bank, reporting to the Executive Chairman of the Bank Board.
Departed

George Barr

Director
BUSE · FIRST BUSEY CORP /NV/
Filed
March 3, 2025, 6:59 PM ET
Samuel P. Banks, George Barr, Gregory B. Lykins and Cassandra R. Sanford (the “Resigning Directors”) resigned as members of the Board.
Appointed

Kevin S. Rauckman

Director
BUSE · FIRST BUSEY CORP /NV/
Filed
March 3, 2025, 6:59 PM ET
The five (5) CrossFirst Designated Directors that were appointed by the Board to fill the vacancies resulting from the resignations referred to above and the increase in the size of the Board to thirteen (13) as of the Effective Time, in each case effective from and after the Effective Time, are as follows: Michael J. Maddox, Rodney K. Brenneman, Steven W. Caple, Jennifer M. Grigsby and Kevin S. Rauckman
Departed

Samuel P. Banks

Director
BUSE · FIRST BUSEY CORP /NV/
Filed
March 3, 2025, 6:59 PM ET
Samuel P. Banks, George Barr, Gregory B. Lykins and Cassandra R. Sanford (the “Resigning Directors”) resigned as members of the Board.
Appointed

Rodney K. Brenneman

Director
BUSE · FIRST BUSEY CORP /NV/
Filed
March 3, 2025, 6:59 PM ET
The five (5) CrossFirst Designated Directors that were appointed by the Board to fill the vacancies resulting from the resignations referred to above and the increase in the size of the Board to thirteen (13) as of the Effective Time, in each case effective from and after the Effective Time, are as follows: Michael J. Maddox, Rodney K. Brenneman, Steven W. Caple, Jennifer M. Grigsby and Kevin S. Rauckman
Appointed

Tiffany B. White

Director
BUSE · FIRST BUSEY CORP /NV/
Filed
March 3, 2025, 6:59 PM ET
The eight (8) Busey Designated Directors that continue to serve on the Board (or in the case of Scott A. Wehrli and Tiffany B. White, were appointed to the Board)
Appointed

Scott A. Wehrli

Director
BUSE · FIRST BUSEY CORP /NV/
Filed
March 3, 2025, 6:59 PM ET
The eight (8) Busey Designated Directors that continue to serve on the Board (or in the case of Scott A. Wehrli and Tiffany B. White, were appointed to the Board)
Appointed

Steven W. Caple

Director
BUSE · FIRST BUSEY CORP /NV/
Filed
March 3, 2025, 6:59 PM ET
The five (5) CrossFirst Designated Directors that were appointed by the Board to fill the vacancies resulting from the resignations referred to above and the increase in the size of the Board to thirteen (13) as of the Effective Time, in each case effective from and after the Effective Time, are as follows: Michael J. Maddox, Rodney K. Brenneman, Steven W. Caple, Jennifer M. Grigsby and Kevin S. Rauckman
Departed

Gregory B. Lykins

Director
BUSE · FIRST BUSEY CORP /NV/
Filed
March 3, 2025, 6:59 PM ET
Samuel P. Banks, George Barr, Gregory B. Lykins and Cassandra R. Sanford (the “Resigning Directors”) resigned as members of the Board.
Appointed

Jennifer M. Grigsby

Director
BUSE · FIRST BUSEY CORP /NV/
Filed
March 3, 2025, 6:59 PM ET
The five (5) CrossFirst Designated Directors that were appointed by the Board to fill the vacancies resulting from the resignations referred to above and the increase in the size of the Board to thirteen (13) as of the Effective Time, in each case effective from and after the Effective Time, are as follows: Michael J. Maddox, Rodney K. Brenneman, Steven W. Caple, Jennifer M. Grigsby and Kevin S. Rauckman
Departed

Cassandra R. Sanford

Director
BUSE · FIRST BUSEY CORP /NV/
Filed
March 3, 2025, 6:59 PM ET
Samuel P. Banks, George Barr, Gregory B. Lykins and Cassandra R. Sanford (the “Resigning Directors”) resigned as members of the Board.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael J. Maddox was appointed as Director at FIRST BUSEY CORP /NV/.

Action
appointed
Role
Director
Exact text from the filing
The five (5) CrossFirst Designated Directors that were appointed by the Board to fill the vacancies resulting from the resignations referred to above and the increase in the size of the Board to thirteen (13) as of the Effective Time, in each case effective from and after the Effective Time, are as follows: Michael J. Maddox, Rodney K. Brenneman, Steven W. Caple, Jennifer M. Grigsby and Kevin S. Rauckman
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Michael J. Maddox was appointed as Executive Vice Chairman of the Board and President of Busey, Chief Executive Officer and President of Busey Bank at FIRST BUSEY CORP /NV/.

Action
appointed
Role
Executive Vice Chairman of the Board and President of Busey, Chief Executive Officer and President of Busey Bank
Exact text from the filing
Mr. Maddox was appointed to serve as the Executive Vice Chairman of the Board and as the President of Busey, reporting to the Chief Executive Officer of Busey, and as the Chief Executive Officer and President of Busey Bank, reporting to the Executive Chairman of the Bank Board.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

George Barr resigned as Director at FIRST BUSEY CORP /NV/.

Action
resigned
Role
Director
Exact text from the filing
Samuel P. Banks, George Barr, Gregory B. Lykins and Cassandra R. Sanford (the “Resigning Directors”) resigned as members of the Board.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Kevin S. Rauckman was appointed as Director at FIRST BUSEY CORP /NV/.

Action
appointed
Role
Director
Exact text from the filing
The five (5) CrossFirst Designated Directors that were appointed by the Board to fill the vacancies resulting from the resignations referred to above and the increase in the size of the Board to thirteen (13) as of the Effective Time, in each case effective from and after the Effective Time, are as follows: Michael J. Maddox, Rodney K. Brenneman, Steven W. Caple, Jennifer M. Grigsby and Kevin S. Rauckman
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Samuel P. Banks resigned as Director at FIRST BUSEY CORP /NV/.

Action
resigned
Role
Director
Exact text from the filing
Samuel P. Banks, George Barr, Gregory B. Lykins and Cassandra R. Sanford (the “Resigning Directors”) resigned as members of the Board.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Rodney K. Brenneman was appointed as Director at FIRST BUSEY CORP /NV/.

Action
appointed
Role
Director
Exact text from the filing
The five (5) CrossFirst Designated Directors that were appointed by the Board to fill the vacancies resulting from the resignations referred to above and the increase in the size of the Board to thirteen (13) as of the Effective Time, in each case effective from and after the Effective Time, are as follows: Michael J. Maddox, Rodney K. Brenneman, Steven W. Caple, Jennifer M. Grigsby and Kevin S. Rauckman
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Tiffany B. White was appointed as Director at FIRST BUSEY CORP /NV/.

Action
appointed
Role
Director
Exact text from the filing
The eight (8) Busey Designated Directors that continue to serve on the Board (or in the case of Scott A. Wehrli and Tiffany B. White, were appointed to the Board)
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Scott A. Wehrli was appointed as Director at FIRST BUSEY CORP /NV/.

Action
appointed
Role
Director
Exact text from the filing
The eight (8) Busey Designated Directors that continue to serve on the Board (or in the case of Scott A. Wehrli and Tiffany B. White, were appointed to the Board)
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Steven W. Caple was appointed as Director at FIRST BUSEY CORP /NV/.

Action
appointed
Role
Director
Exact text from the filing
The five (5) CrossFirst Designated Directors that were appointed by the Board to fill the vacancies resulting from the resignations referred to above and the increase in the size of the Board to thirteen (13) as of the Effective Time, in each case effective from and after the Effective Time, are as follows: Michael J. Maddox, Rodney K. Brenneman, Steven W. Caple, Jennifer M. Grigsby and Kevin S. Rauckman
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Gregory B. Lykins resigned as Director at FIRST BUSEY CORP /NV/.

Action
resigned
Role
Director
Exact text from the filing
Samuel P. Banks, George Barr, Gregory B. Lykins and Cassandra R. Sanford (the “Resigning Directors”) resigned as members of the Board.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Jennifer M. Grigsby was appointed as Director at FIRST BUSEY CORP /NV/.

Action
appointed
Role
Director
Exact text from the filing
The five (5) CrossFirst Designated Directors that were appointed by the Board to fill the vacancies resulting from the resignations referred to above and the increase in the size of the Board to thirteen (13) as of the Effective Time, in each case effective from and after the Effective Time, are as follows: Michael J. Maddox, Rodney K. Brenneman, Steven W. Caple, Jennifer M. Grigsby and Kevin S. Rauckman
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Cassandra R. Sanford resigned as Director at FIRST BUSEY CORP /NV/.

Action
resigned
Role
Director
Exact text from the filing
Samuel P. Banks, George Barr, Gregory B. Lykins and Cassandra R. Sanford (the “Resigning Directors”) resigned as members of the Board.
View on SEC.gov

FIRST BUSEY CORP /NV/ filing history →

Source: SEC EDGAR
accession 0001104659-25-019504
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