Midland States Bancorp Appoints Claire Stack as Permanent Chief Financial Officer
summarizeSummary
Midland States Bancorp has officially appointed Claire A. Stack as its Executive Vice President and Chief Financial Officer, transitioning her from the interim role she held since March 2026.
check_boxKey Events
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Permanent CFO Appointment
Claire A. Stack has been officially appointed as Executive Vice President and Chief Financial Officer, effective May 8, 2026.
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Transition from Interim Role
Ms. Stack previously served as Vice President – Chief Accounting Officer and interim Chief Financial Officer since March 2026, following her joining the company in November 2025 as Corporate Controller.
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Compensation Package Detailed
Her compensation includes an annual salary of $350,000, bonus potential of 40% of base salary, eligibility for annual equity awards equal to 50% of base salary, and a one-time restricted stock grant equal to 50% of base salary.
auto_awesomeAnalysis
This filing formalizes the appointment of Claire Stack as the permanent Chief Financial Officer, providing stability to the company's finance leadership following the termination of the previous CFO and her subsequent interim role. This move is important for corporate governance and operational continuity.
At the time of this filing, MSBI was trading at $27.53 on NASDAQ in the Finance sector, with a market capitalization of approximately $570.7M. The 52-week trading range was $14.24 to $28.53. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.