
Management ChangeAug 3, 2026, 09:03 AM
First Busey Appoints Michael Peluso as General Counsel
AI Summary
First Busey Corporation announced the appointment of Michael Peluso as its new General Counsel and Corporate Secretary, effective immediately. Peluso, previously Deputy General Counsel, succeeds John Powers, who is retiring from the role after a long tenure. Powers will continue with the company as Senior Counsel to ensure a smooth transition. The company highlighted Peluso's extensive experience and his instrumental role in shaping legal strategy over his 11-plus years with Busey.
Key Highlights
- Michael Peluso appointed General Counsel and Corporate Secretary of First Busey Corporation.
- Peluso succeeds John Powers, who is retiring from the General Counsel position.
- John Powers will remain with the company as Senior Counsel for a seamless transition.
- Peluso has over 11 years with Busey and 16+ years of financial services legal experience.
- First Busey Corporation was an $18.19 billion financial holding company as of June 30, 2026.
- Busey Bank had total assets of $18.15 billion as of June 30, 2026.
- Assets under care for Wealth Management totaled $16.51 billion as of June 30, 2026.
Price Impact
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