Officers & Directors

Board of Directors

Laurie S. Benson
Laurie S. Benson
CEO, LSB Unlimited
Laurie S. Benson Laurie Benson has served as a director of the Company since December 2018 and is a member of the Corporate Governance and Nominating Committee and the Compensation Committee. She has served as director on the FBB Board since July 2009 and as a member of the FBB Northeast Advisory Board since August 2012. Ms. Benson has served as the Executive Director of Nurses on Boards Coalition since 2016. Ms. Benson is the CEO of LSB Unlimited, which provides consulting services to businesses on complex issues and opportunities. Ms. Benson co-founded and served as CEO of Inacom Information Services from its inception in 1984 until its sale to CORE BTS in 2009. She currently serves on the boards of several privately held companies.
Mark D. Bugher
Mark D. Bugher
Retired Director, University Research Park
Mark D. Bugher Mark Bugher has served as a director of the Company since July 2005, is Compensation Committee Chair and a member of the Corporate Governance and Nominating Committee. Mr. Bugher joined the FBB Board in November 2018 as part of the establishment of the mirror image board structure. Mr. Bugher served as the Director of University Research Park in Madison, Wisconsin from 1999 until his retirement in November 2013. University Research Park is a non-profit research and technology park involved in developing, leasing and managing properties for technology sector businesses affiliated with the University of Wisconsin-Madison. Prior to this role, Mr. Bugher served as Secretary of the State of Wisconsin Department of Revenue and Secretary of the State of Wisconsin Department of Administration. Mr. Bugher serves on the board of directors of MGE Energy, Inc., a publicly traded utility company, and its affiliate, Madison Gas and Electric Company and also serves on the audit committee and compensation committee of MGE Energy, Inc. Mr. Bugher additionally serves on the board of directors and as Chair of the Marshfield Clinic Health System and has served in leadership positions as chairman or board member for many organizations promoting economic development in Wisconsin.
Corey A. Chambas
Corey A. Chambas
President & CEO, First Business Financial Services, Inc.
Corey A. Chambas Corey Chambas has served as a director of the Company since July 2002, as Chief Executive Officer (“CEO”) 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. Mr. Chambas joined the FBB Board in November 2018 as part of the establishment of the mirror image board structure. He served as CEO of FBB from July 1999 to September 2006 and as President of FBB from July 1999 to February 2005. He currently serves as a director of First Madison Investment Corp., a wholly-owned subsidiary of FBB. Mr. Chambas also serves as chair on the board of directors and as a member of the management development & compensation committee of M3 Insurance Solutions, Inc., a privately held insurance agency, and has served on the boards of other privately held companies and non-profit organizations.
Carla C. Chavarria
Carla C. Chavarria
Senior Vice President of Human Resources - AMC Entertainment Holdings, Inc
Carla C. Chavarria Carla Chavarria has served as a director of the Company since June 2017 and is a member of the Compensation Committee. Ms. Chavarria joined the FBB Board in November 2018 as part of the establishment of the mirror image board structure. Ms. Chavarria is Senior Vice President of Human Resources and a member of the executive committee for AMC Entertainment Inc., a publicly traded company. In this role she is responsible for the strategic development and implementation of benefits, community relations, compensation, employment practices, human resource systems, talent acquisition and training and development. Ms. Chavarria currently serves on the boards of several community and non-profit organizations.
Jan A. Eddy
Jan A. Eddy
Retired President & CEO, Wingra Technologies
Jan A. Eddy Jan Eddy has served as a director of the Company since October 2003, is the Corporate Governance and Nominating Committee Chair and serves on the Compensation Committee. Ms. Eddy joined the FBB Board in November 2018 as part of the establishment of the mirror image board structure. She previously served as a director of FBB from April 1990 to May 2010 and served as FBB Board Chair from January 2004 to May 2010. Ms. Eddy founded Wingra Technologies, a designer and distributor of software, and served as President and Chief Executive Officer of Wingra Technologies from October 1991 to January 2005, when Quest Software purchased Wingra Technologies. Ms. Eddy held the position of Business Development Executive at Quest Software from January 2005 until her retirement in October 2005. Ms. Eddy serves on the boards of Edgewood College and the Sauk Prairie Healthcare Foundation, and serves or has served on the boards of other privately held companies and non-profit organizations.
John J. Harris
John J. Harris
Former Managing Director, Stifel Nicolaus Weisel
John J. Harris John Harris has served as a director of the Company since January 2012 and is a member of the Audit Committee and Corporate Governance and Nominating Committee. Mr. Harris joined the FBB Board in November 2018 as part of the establishment of the mirror image board structure. Mr. Harris served as a professional in the investment banking industry for most of his career, most recently as Managing Director of the Investment Banking Financial Institutions Group of Stifel Nicolaus Weisel. Mr. Harris retired from this position in 2010. Prior to this role, Mr. Harris was Managing Director of the Investment Banking Financial Institutions Group of Piper Jaffray & Co. from 2005 to 2007 and a Principal in the Investment Banking Financial Institutions Group of William Blair & Co., LLC from 2000 to 2005.
Ralph R. Kauten
Ralph R. Kauten
Co-owner of Mirus Bio and Owner of Air-Lec Industries
Ralph R. Kauten Ralph Kauten has served as a director of the Company since December 2018 and is a member of the Audit Committee and Operational Risk Committee. He has served on the FBB Board since July 2004 and served as FBB Board Chair from June 2018 until November 2018. Mr. Kauten is the co-owner of Mirus Bio and owner of Air-Lec Industries, both private companies. Mr. Kauten served as an executive for a number of Wisconsin biotechnology companies, including Promega Corporation, PanVera Corporation, Quintessence Biosciences, Inc. and Lucigen Corporation. His prior positions include being a Faculty Member at the University of Wisconsin-Whitewater, Plant Controller of the Ortega taco plant for Heublein, Inc., and Senior Auditor for Grant Thornton, CPAs. Mr. Kauten is a member of the board of SSM Healthcare of Wisconsin, currently serving as chair, and serves or has served on the boards of other privately held companies and non-profit organizations.
Timothy J. Keane
Timothy J. Keane
Director of Golden Angels Investors, LLC
Timothy J. Keane Timothy Keane has served as a director of the Company since December 2018 and serves on the Operational Risk Committee. He has served as a director of FBB since August 2017. He previously served on the FBB-Milwaukee Board from January 2004 until the Bank charter consolidation in June 2017 at which time he became a member of the FBB Milwaukee Advisory Board. Mr. Keane has served on the FBB Kansas City Advisory Board since August 2017. Mr. Keane is the Managing Investor and Director of Golden Angels Investors, LLC, President of Keane Consultants, is a limited partner in several venture and private equity funds, and provides data analytics strategy consulting services to a small group of companies. He was the founder and CEO of Retail Target Marketing Systems (RTMS), now a unit of Fidelity Information Services. Mr. Keane serves on the boards of other privately held companies.
Gerald L. Kilcoyne
Gerald L. Kilcoyne
Chair, First Business Financial Services, Inc.
Gerald L. Kilcoyne Jerry Kilcoyne has served as a director of the Company since November 2011, Board Chair since October 2018 and is the Operational Risk Committee Chair. Mr. Kilcoyne joined the FBB Board and was elected FBB Board Chair in November 2018 as part of the establishment of the mirror image board structure. He previously served as a director of FBB from August 2005 through July 2018 and served as FBB Board Chair from May 2010 until June 2018. He served as a director of First Business Equipment Finance, LLC, a wholly-owned subsidiary of FBB, from January 2006 until August 2017 and as a director of Alterra Bank from May 2016 until June 1, 2017 at which time Alterra Bank was consolidated into FBB. He served as a director of First Business Capital Corp., a wholly-owned subsidiary of FBB, from January 2006 to December 2013. Mr. Kilcoyne has been Managing Partner of Pinnacle Enterprises, LLC, a private investment holding company since February 1997.
W. Kent Lorenz
W. Kent Lorenz
Retired Chair & CEO, Acieta, LLC
W. Kent Lorenz W. Kent Lorenz has served as a director of the Company since June 2018 and serves on the Audit Committee and Operational Risk Committee. He has served as a director of FBB since August 2017. He previously served on the FBB-Milwaukee Board from January 2010 until the Bank charter consolidation in June 2017 at which time he became a member of the FBB Milwaukee Advisory Board. Mr. Lorenz is the retired Chairman and CEO of Acieta LLC, a provider of advanced industrial robotic automation systems to North American manufacturers and their global affiliates. He is the Managing Partner of DKR Investors LLC, a commercial real estate investment company. Mr. Lorenz serves on the Wisconsin Technical College System Board of Directors where he currently serves as board secretary and also serves on the boards of other private and non-profit organizations.
Daniel Peter Olszewski
Daniel Peter Olszewski
Director - Weinert Center for Entrepreneurship at UW
Daniel Peter Olszewski Daniel (Dan) Olszewski has served as a director of the Company since December 2018 and is a member of the Operational Risk Committee. He has served as a director of FBB since August 2010 and he served as a director of First Business Capital Corp., a wholly owned subsidiary of FBB, from January 2011 to November 2018. Mr. Olszewski is the Director of the Weinert Center for Entrepreneurship, a campus-wide Entrepreneurship Program, at the UW-Madison School of Business. He previously served as the COO, CEO and chair of the board of PNA Holdings, LLC/Parts Now!, and was CEO of Katun Corporation. He began his career with strategic management consulting firm, McKinsey & Company. Mr. Olszewski currently serves on the board of the National Guardian Life Insurance Company, a private company, and has served on the boards of other privately held companies and non-profit organizations
Carol P. Sanders
Carol P. Sanders
President, Carol Sanders Consulting, LLC
Carol P. Sanders Carol Sanders has served as a director of the Company since September 2016 and is the Audit Committee Chair. Ms. Sanders joined the FBB Board in November 2018 as part of the establishment of the mirror image board structure. Ms. Sanders has been the President of Carol P. Sanders Consulting LLC, a consulting firm providing executive-level consulting services to the insurance and technology industries, since July 2015. Ms. Sanders has over 25 years of experience in the insurance industry, including serving as the Executive Vice President, Chief Financial Officer and Treasurer of Sentry Insurance from July 2013 to June 2015 and as Executive Vice President and Chief Operating Officer of Jewelers Mutual Insurance Company from November 2012 to June 2013 where she previously served in other executive capacities from September 2004 to November 2012. Ms. Sanders has served on the board of directors of Alliant Energy Corporation (“Alliant”), a publicly traded Wisconsin-based public utility holding company, and its two utility subsidiaries since December 2005. She currently serves as Alliant’s lead independent director, chair of the nominating and governance committee and as a member of the audit committee and executive committee. She previously served as a member and chair of Alliant’s audit committee and compensation and personnel committee and as a member of the nominating and governance committee. Ms. Sanders has served on the board of directors of RenaissanceRe Holdings Ltd. (“RenaissanceRe”), a publicly traded global provider of reinsurance and insurance, since 2016 and is a member of that company’s audit committee. Ms. Sanders also serves on the board of a privately held company.

Senior Management

Corey A. Chambas
Corey A. Chambas
PRESIDENT AND CEO
Corey A. Chambas Corey Chambas has served as a director of the Company since July 2002, as Chief Executive Officer (“CEO”) 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. Mr. Chambas joined the FBB Board in November 2018 as part of the establishment of the mirror image board structure. He served as CEO of FBB from July 1999 to September 2006 and as President of FBB from July 1999 to February 2005. He currently serves as a director of First Madison Investment Corp., a wholly-owned subsidiary of FBB. Mr. Chambas also serves as chair on the board of directors and as a member of the management development & compensation committee of M3 Insurance Solutions, Inc., a privately held insurance agency, and has served on the boards of other privately held companies and non-profit organizations.
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.
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.