Officers & Directors

Board of Directors

Jerome J. Smith
Jerome J. Smith
Chairman, First Business Financial Services, Inc.
Jerome J. Smith Jerry J. Smith is Chairman of the Board for First Business Financial Services, Inc. and also First Business Bank – Northeast. He was Founding CEO of both First Business Bank and it's parent holding company in 1990. He has a 45 year career in commercial banking.

He also serves on the boards of SECURA Insurance Company (investment and executive committees); Aldo Leopold Foundation (executive, finance and development committees); and CTI Paper USA, Inc.
Mark D. Bugher
Mark D. Bugher
Retired Director, University Research Park
Mark D. Bugher Mark D. Bugher Mark Bugher has served as a Director since July 2005 and is a member of the Corporate Governance and Nominating Committee and the Compensation Committee. Mr. Bugher served as the Director of University Research Park in Madison, Wisconsin from 1999 until his retirement in November 2013. Prior to this role, Mr. Bugher served as the Secretary of the State of Wisconsin Department of Administration from 1996 to 1999. From 1988 to 1996, he served as Secretary of the State of Wisconsin Department of Revenue. Mr. Bugher serves in leadership positions as chair or board member to many organizations promoting economic development in Wisconsin.
Corey A. Chambas
Corey A. Chambas
President & CEO, First Business Financial Services, Inc.
Corey A. Chambas Corey A. Chambas has served as a director since July 2002, as Chief Executive Officer of the Company since December 2006 and as President of the Company since February 2005. He served as Chief Operating Officer of the Company from February 2005 to September 2006 and as Executive Vice President of the Company from July 2002 to February 2005. He served as Chief Executive Officer of the Company’s First Business Bank subsidiary from July 1999 to September 2006 and as President of First Business Bank from July 1999 to February 2005.
Jan A. Eddy
Jan A. Eddy
Retired President & CEO, Wingra Technologies
Jan A. Eddy Jan A. Eddy has served as a director of the Company since October 2003, and she is Chair of the Corporate Governance and Nominating Committee and a member of the Compensation Committee. She joined as director of First Business Bank in April 1990 and retired from that board as Board Chair in May 2010. Ms. Eddy served as President and Chief Executive Officer of Wingra Technologies, a designer and distributor of software, from October 1991 to January 2005. Quest Software purchased Wingra Technologies in January 2005. Ms. Eddy held the position of Business Development Executive at Quest Software from January 2005 to October 2005.
John J. Harris
John J. Harris
Former Managing Director, Stifel Nicolaus Weisel
John J. Harris John J. Harris has been a director of First Business Financial Services, Inc. since 2012. and is now a member of the Audit Committee. Mr. Harris is a retired senior financial services executive from the Greater Chicago Area with over 25 years of experience providing financial advisory services to senior managements, boards and special committees of publicly traded companies. He has extensive experience with mergers and acquisitions and has done significant work advising clients on capital formation and execution of public capital raises.

Harris was Managing Director of the Investment Banking Financial Institutions Group at Stifel Nicolaus Weisel from June 2007 to September 2010, Managing Director of the Investment Banking Financial Institutions Group at Piper Jaffray & Co. from February 2005 to March 2007 and he held senior banking positions at William Blair & Co., LLC and ABN Amro/The Chicago Corporation prior to that.

Gerald L. Kilcoyne
Gerald L. Kilcoyne
Board Chair, First Business Bank
Managing Partner, Pinnacle Enterprises, LLC
Gerald L. Kilcoyne Jerry Kilcoyne has served as a Director of the Company since November 2011 and is a member of the Audit Committee and Compensation Committee. He has served as Chair of the Board of Directors of the Company's First Business Bank subsidiary since May 2010 and has been a board member since August 2005. Mr. Kilcoyne, Managing Partner of Pinnacle Enterprises, LLC, is also a private equity investor in businesses and an owner of commercial real estate in the Madison area. He has been involved in mergers and acquisitions throughout the United States, Canada, and Europe since 1980 and has owned or operated businesses in manufacturing, transportation equipment leasing, railroad operations, retail, printing, advertising specialties, elderly housing, warehousing, and distribution.
Carol P. Sanders
Carol P. Sanders
President, Carol Sanders Consulting, LLC
Carol P. Sanders Carol P. Sanders was elected as a Director of First Business Financial Services, Inc. in September 2016. Ms. Sanders has been the President of Carol Sanders Consulting, LLC since July 2015, a business consulting firm serving insurance and technology clients. Previously she was a senior financial executive having served primarily in the insurance industry. From June 2013 to June 2015, Ms. Sanders, age 49, served as Executive Vice President, Chief Financial Officer and Treasurer of Sentry Insurance a Mutual Company, a property and casualty insurance carrier based in Wisconsin. Additionally, Ms. Sanders served as the Executive Vice President and Chief Operating Officer of Jewelers Mutual Insurance Company, a specialty property and casualty insurance company based in Wisconsin, from November 2012 to July 2013. While at Jewelers Mutual, she also served as Senior Vice President, Chief Financial Officer and Treasurer from May 2011 until November 2012 and as Chief Financial Officer and Treasurer from 2004 until May 2011. Ms. Sanders has been on the Board of Directors of Alliant Energy Corporation, a publicly-traded public utility holding company (NYSE: LNT) based in Wisconsin, since 2005. She is currently serving as chair of the compensation and personnel committee, as a member of both the executive and nominating and governance committees and previously served as the chair of the audit committee for six years. In May 2016, Ms. Sanders joined the Board of Directors of RenaissanceRe Holdings Ltd., a publicly traded global provider of reinsurance and insurance (NYSE: RNR) based in Bermuda, and serves as a member of the audit committee.
John M. Silseth
John M. Silseth
President, Antietam, LLC
Chairman, First Business Bank - Milwaukee
John M. Silseth John M. Silseth has served as a director of the Company since October 2006, and he is a member of the Audit Committee and Corporate Governance and Nominating Committee. He also serves as Chair of the Board of Directors of the Company’s First Business Bank-Milwaukee subsidiary. Mr. Silseth has been President of Antietam LLC, a private investment firm located in Milwaukee, Wisconsin, since 1986. He also serves on the Board of Directors of various Antietam portfolio companies, other privately held companies and charitable organizations.
Dean W. Voeks
Dean W. Voeks
Retired CEO, Chorus Communications Group, Ltd.
Dean W. Voeks Dean W. Voeks has served as a Director of the Company since April 1996, is Chair of the Audit Committee and is a member of the Corporate Governance and Nominating Committee. From January 1991 until October 2001, Mr. Voeks was the President and Chief Executive Officer of Chorus Communications Group Ltd., a telecommunications company.

Senior Management

Corey A. Chambas
Corey A. Chambas
PRESIDENT AND CEO
Corey A. Chambas Corey A. Chambas has served as a director since July 2002, as Chief Executive Officer of the Company since December 2006 and as President of the Company since February 2005. He served as Chief Operating Officer of the Company from February 2005 to September 2006 and as Executive Vice President of the Company from July 2002 to February 2005. He served as Chief Executive Officer of the Company’s First Business Bank subsidiary from July 1999 to September 2006 and as President of First Business Bank from July 1999 to February 2005.
Edward G. Sloane Jr.
Edward G. Sloane Jr.
CHIEF FINANCIAL OFFICER
Edward G. Sloane Jr. In Ed’s most recent role at Peoples Bancorp, Inc., he completed several bank and non-bank acquisitions. Prior to that, he spent 19 years with WesBanco, Inc., a financial services company in Wheeling, West Virginia, where he held the positions of Senior Vice President & Strategic Planning & Analysis, Senior Vice President & Controller, and other roles. Ed received a BSBA in Accounting from Marshall University in Huntington, West Virginia. He is a Certified Public Accountant.
David R. Seiler
David R. Seiler
Chief Operating Officer
David R. Seiler Dave Seiler brings to First Business nearly 25 years of financial services experience with leading commercial banking firms in the Midwest. Most recently, he served as Managing Director of the Correspondent Banking Division of BMO Harris Bank. Dave has an impressive track record of successful leadership in credit administration, relationship management, treasury management, commercial real estate lending, and correspondent banking. He has specific experience in the Wisconsin, Minnesota, St. Louis, and the Kansas City markets. Seiler received a bachelor’s degree in Marketing and Business Administration and a master’s degree in Real Estate Appraisal and Investment Analysis from the University of Wisconsin - Madison.
Michael J. Losenegger
Michael J. Losenegger
Chief Credit Officer
Michael J. Losenegger Michael J. Losenegger has over 27 years of banking experience, including specialized work in commercial lending and highly leveraged transactions. In addition, he has several years of experience working in the treasury department of a Fortune 500 company. Michael is a graduate of the University of Wisconsin-Madison where he received his Bachelor of Science Degree in Agricultural Economics. He holds a Master's Degree in Management with concentrations in finance, accounting and management policy from Northwestern University's Kellogg Graduate School of Management. Michael is a board member of Independent Living, Inc. and Mt. Horeb's Zoning Board of Appeals. He is also a member and past board member of Madison South Rotary. Michael is also active in the Community Clothes Closet in Mount Horeb.
Barbara McCarty Conley
Barbara McCarty Conley
GENERAL COUNSEL
Barbara McCarty Conley Barbara M. Conley brings 30 years of progressive commercial banking experience from Associated Bank, and is well known from her extensive community involvement. Barbara’s community involvement includes: past Board Member and Board Chair of Downtown Madison, Inc.; current Audit Committee Member of Madison Community Foundation; past Board Chair and Finance Committee Chair of Meriter Retirement Services, Inc.; past member of the UW School of Business Dean’s Advisory Board; past President and Founding Board Member of The Business Forum, Inc. Barbara holds a J.D. degree from the University of Wisconsin Law School, a Master of Business Administration in Finance and a Bachelor of Business Administration in Personnel from the University of Wisconsin – Madison.
Jodi A. Chandler
Jodi A. Chandler
Chief Human Resources Officer
Jodi A. Chandler Jodi A. Chandler, age 52, has served as Chief Human Resources Officer of FBFS since January 2010. Prior to that, she held the position of Senior Vice President-Human Resources for several years. She has been an employee of FBFS for over 20 years.
Mark J. Meloy
Mark J. Meloy
CEO OF FIRST BUSINESS BANK
Mark J. Meloy Mark J. Meloy, age 55, has served as Chief Executive Officer of FBB since December 2007. Mr. Meloy joined FBFS in 2000 and has held various positions including Executive Vice President of FBB and President and Chief Executive Officer of FBB-Milwaukee. He currently serves as CEO of FBEF. He also currently serves as a director of our subsidiaries FBB and FBEF. Mr. Meloy has over 25 years of commercial lending experience. Prior to joining FBFS, Mr. Meloy was a Vice President and Senior Relationship Manager with Firstar Bank, NA, in Cedar Rapids, Iowa and Milwaukee, Wisconsin, now known as U.S. Bank, working in their financial institutions group with mergers and acquisition financing.
Joan A. Burke
Joan A. Burke
PRESIDENT OF FIRST BUSINESS TRUST & INVESTMENTS
Joan A. Burke Joan A. Burke, age 65, has served as President of FBB’s Trust Division since September 2001. Ms. Burke has over 30 years of experience in providing trust services, investment management, mutual fund management and brokerage services. Prior to joining FBFS, Ms. Burke was the President, Chief Executive Officer and Chairperson of the Board of Johnson Trust Company and certain of its affiliates.
Charles H. Batson
Charles H. Batson
PRESIDENT AND CEO OF FIRST BUSINESS CAPITAL CORP.
Charles H. Batson Charles H. Batson, age 63, has served as the President and Chief Executive Officer of FBCC since January 2006. He also serves as a director for FBCC. Mr. Batson has over 30 years of experience in asset-based lending. Directly prior to joining FBCC, Mr. Batson served as Vice President and Business Development Manager for Wells Fargo Business Credit, Inc. since 1990.
Daniel S. Ovokaitys
Daniel S. Ovokaitys
CHIEF INFORMATION OFFICER
Daniel S. Ovokaitys Daniel S. Ovokaitys, age 43, has served as Chief Information Officer since June 2014. Prior to joining FBFS, Mr. Ovokaitys held the position of Head of Corporate IT (North/South America) for Merz Pharmaceuticals, located in Frankfurt Germany, from 2010 to 2014. He also served as Director of IT for Aurora Health Care from 2006 to 2010 and Manager of IT for the American Transmission Company from 2000 to 2006.