First Business Financial Services, Inc. announced that Corey Chambas will retire from his role as Chief Executive Officer on May 2, 2026 and president and chief operating officer David Seiler will succeed him
Chambas will remain on the boards of directors of the Company and First Business Bank.
Chambas joined the Company in 1993 and has been Chief Executive Officer of First Business Financial Services, Inc. since January 2006 and served as its President from February 2005 to January 2023.
Seiler has been president and chief operating office of First Business Financial Services, Inc. since January 2023, following seven years of service as chief operating officer. Prior to joining the Bank in April 2016, Seiler served in various leadership roles with leading commercial banking firms in the Midwest. Seiler earned 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.
“I will be honored to step into Corey’s role as CEO and look forward to working together over the next year to ensure a smooth transition,” Seiler said. “I am excited to carry on Corey’s forward-thinking vision, ensuring we position First Business Bank to thrive in the future. Most importantly, I will strive to protect and strengthen our culture which is foundational to our success.”
