First Business in Wisconsin to have new CEO in 2026
First Business Financial Services in Madison, Wis., is entering the final stage of succession planning.
The $3.9 billion-asset company said in a press release that Corey Chambas plans to retire as CEO on May 2, 2026. David Seiler, the company’s president and chief operating officer is set to succeed Chambas, who will remain on the board.
“Corey’s commitment to First Business Bank’s founding mission – to be the experts our business clients deserve – helped establish a culture that differentiates the bank for our employees, clients, communities, and shareholders alike,” Jerry Kilcoyne, First Business’ chairman, said in the release.
“Nowhere is Corey’s impact on our organization more evident than in the outstanding leadership team of industry veterans and visionary contributors he has built,” Kilcoyne added.