First Business Financial Services Appoints Experienced Banking Veteran Scott Ferris to Board
FBIZ sits 25% above its 52-week low of $45.9.
Summary
First Business Financial Services appointed Scott M. Ferris, a seasoned banking and risk management expert, to its Board of Directors and key committees.
Key Events · Executive and Board Changes · FBIZ
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New Independent Director Appointed
The Board of Directors increased its size from eight to nine members and appointed Scott M. Ferris as a Class III Director, effective May 22, 2026.
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Strengthens Risk Management Expertise
Mr. Ferris brings deep expertise in credit, liquidity, market, and operational risk management from his extensive career at BMO Financial Group.
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Appointed to Key Committees
Mr. Ferris will serve on the Board's Audit Committee and Operational Risk Committee, leveraging his specialized background for the financial institution.
Analysis · FBIZ · Finance
First Business Financial Services has appointed Scott M. Ferris, a former BMO Financial Group Managing Director with extensive experience in commercial banking and risk management, to its Board of Directors. His expertise in credit, liquidity, market, and operational risk, along with regulatory experience, is a valuable addition to the board and its Audit and Operational Risk Committees, strengthening the company's governance and oversight.
At the time of this filing, FBIZ was trading at $57.49 on NASDAQ in the Finance sector, with a market capitalization of approximately $480.7M. The 52-week trading range was $45.90 to $60.54. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.