---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-25-004216"
form_type: "8-K"
ticker: "FMBH"
cik: "0000700565"
company_name: "FIRST MID BANCSHARES, INC."
filed_at: "2025-06-30T23:59:59+00:00"
generated_at: "2026-05-18T15:07:10.894121+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# First Mid promotes Smith to President and Read to CFO effective June 24, 2025

## Summary
- Matthew K. Smith, former CFO, becomes President; base salary $385,000.
- Jordan Read adds CFO duties to his CRO role; base salary $290,000.
- Joe Dively remains CEO and Chairman; Smith will lead all lines of business.
- Under Smith's tenure assets grew from $2.8B to $7.6B and revenue more than tripled.
- Employment agreements run through Dec 31, 2025 with auto-renewals and severance provisions.

## SEC filing metadata
- accession: 0001171843-25-004216
- form_type: 8-K
- ticker: FMBH
- cik: 0000700565
- company_name: FIRST MID BANCSHARES, INC.
- filed_at: 2025-06-30T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/700565/000117184325004216/0001171843-25-004216-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/700565/000117184325004216/f8k_063025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-25-004216
- JSON: https://secwatch.observer/filing/0001171843-25-004216.json
- Plain text: https://secwatch.observer/filing/0001171843-25-004216.txt

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