---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-024769"
form_type: "8-K"
ticker: "MSBI"
cik: "0001466026"
company_name: "Midland States Bancorp, Inc."
filed_at: "2026-03-06T23:59:59+00:00"
generated_at: "2026-05-15T18:38:22.000474+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Midland States Bancorp terminates CFO Eric Lemke; appoints Claire Stack as interim CFO

## Summary
- Eric Lemke terminated as CFO and principal financial/accounting officer effective March 5, 2026.
- Claire Stack, age 37, appointed VP – Chief Accounting Officer and interim CFO; served as Corporate Controller since Nov 2025.
- Stack has 15+ yrs finance leadership, CPA; previously Corporate Controller at Steelcase and roles at CLA, Agracel, PwC, KPMG.
- Change of Control Agreement through Dec 31, 2026, auto-renew; provides severance of 150% salary plus avg bonus in change-of-control termination.
- Severance includes COBRA coverage up to 12 months; non-compete and non-solicit restrictions apply for 12 months post-termination.

## SEC filing metadata
- accession: 0001104659-26-024769
- form_type: 8-K
- ticker: MSBI
- cik: 0001466026
- company_name: Midland States Bancorp, Inc.
- filed_at: 2026-03-06T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1466026/000110465926024769/0001104659-26-024769-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1466026/000110465926024769/tm268184d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-024769
- JSON: https://secwatch.observer/filing/0001104659-26-024769.json
- Plain text: https://secwatch.observer/filing/0001104659-26-024769.txt

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