Banks - Regional · Financial Services
CEO, Board Member
2019-01-01–present
Equibles does not estimate personal net worth.
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Get PBYI alertsJeffrey Ludwig is recorded as Board Member at Midland States Bancorp, Inc. (MSBI) since January 1, 2019 and CEO at Midland States Bancorp, Inc. (MSBI). The newest filing on record that lists Jeffrey Ludwig as CEO and Board Member at Midland States Bancorp, Inc. (MSBI) is dated March 23, 2026. The proxy statement of Midland States Bancorp, Inc. reports total compensation of $1,532,241 for Jeffrey Ludwig in fiscal 2025, including a base salary of $749,800. Disclosed compensation is on record for 9 fiscal years. Jeffrey Ludwig has spoken on 4 earnings calls across 2 companies, most recently for Midland States Bancorp, Inc. on January 27, 2023. Those appearances were for Midland States Bancorp, Inc. (MSBI) and Puma Biotechnology, Inc. (PBYI). Midland States Bancorp, Inc. is classified in the Banks - Regional industry within the Financial Services sector. Puma Biotechnology, Inc. is classified in the Biotechnology industry within the Healthcare sector. Other leadership on record at Midland States Bancorp, Inc. includes Jeffrey C. Smith (Chairman and Board Member), Claire A. Stack (CFO), Claire Stack (CFO and Chief Accounting Officer) and 7 others.
“Our fourth quarter performance capped a very successful year in which we generated a record level of earnings for the company.”
“I’m going to start on Slide 3 with the highlights of the third quarter. We continue to execute well and capitalize on the loan demand that we continue to see in our markets, resulting in further improvement in our financial performance.”
“And thanks to everyone for joining our third quarter earnings call. Before I move into the commercial review, I want to remind everyone that I will be making forward-looking statements.”
“I would like to begin by thanking the entire Midland team for the extraordinary efforts they’ve made over the past couple of months.”
2019-01-01–present
Last confirmed March 23, 2026
Source not stated
Start not stated–present
Last confirmed March 23, 2026
Banks - Regional · Financial Services
CEO, Board Member
2019-01-01–present
Biotechnology · Healthcare
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2025 | Midland States Bancorp, Inc. (MSBI) | President and Chief Executive Officer of the Company and Chief Executive Officer of the Bank | $749,800 | $1,532,241 |
| 2024 | Midland States Bancorp, Inc. (MSBI) | President and Chief Executive Officer of the Company and Chief Executive Officer of the Bank | $749,800 | $1,466,243 |
| 2023 | Midland States Bancorp, Inc. (MSBI) | President and Chief Executive Officer of the Company and Chief Executive Officer of the Bank | $721,000 | $1,633,785 |
| 2022 | Midland States Bancorp, Inc. (MSBI) | President and Chief Executive Officer of the Company and Chief Executive Officer of the Bank | $700,000 | $1,777,733 |
| 2021 | Midland States Bancorp, Inc. (MSBI) | President and Chief Executive Officer | $572,000 | $1,581,174 |
| 2020 | Midland States Bancorp, Inc. (MSBI) | President and Chief Executive Officer | $572,000 | $1,027,328 |
| 2019 | Midland States Bancorp, Inc. (MSBI) | President and Chief Executive Officer | $572,000 | $1,354,060 |
| 2018 | Midland States Bancorp, Inc. (MSBI) | President and Chief Executive Officer | $472,000 | $1,028,244 |
| 2017 | Midland States Bancorp, Inc. (MSBI) | President and Chief Executive Officer | $405,288 | $821,742 |