FMBH enters new employment pacts with CEO Dively ($520k base), Beesley ($198k), McRae ($290k)

FIRST MID BANCSHARES, INC.

New agreements effective Dec 31, 2022, initial term through Dec 31, 2023, auto-renew annually.
CEO Joseph Dively: $520,000 base salary, 75% target incentive under Incentive Compensation Plan.
Bradley Beesley (EVP Wealth Mgmt): $198,000 base; Eric McRae (EVP Lending): $290,000 base; all eligible for LTIP and Deferred Comp.
Severance: 12 months base without cause pre-change-in-control; 24 months base plus prior year incentive post-change-in-control.
Post-employment non-compete and non-solicit covenants extend 24 months within 100 miles of primary office.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.