Joseph R. Dively is the CEO of First Mid Bancshares, Inc., having taken the role in 2013 after serving as Senior Executive Vice President and President of the bank since 2011. Dively started his career in telecommunications before moving into...
Joseph R. Dively is the CEO of First Mid Bancshares, Inc., having taken the role in 2013 after serving as Senior Executive Vice President and President of the bank since 2011. Dively started his career in telecommunications before moving into banking, which gives him a unique perspective on financial services. He has been with First Mid since 2004 and has overseen significant growth during his tenure. Notably, under his leadership, the company experienced consistent increases in annual compensation, reflecting his strong focus on performance metrics like net income and asset quality. In 2022, Dively's total compensation was approximately $1.13 million, with a base salary of $517,164, alongside performance-based bonuses and stock awards. He has an agreement that could extend his role, highlighting the trust the board has in his leadership. He actively participates in multiple board roles within the company’s subsidiaries, further showcasing his commitment to the organization and strategic capabilities. Dively’s journey is a mix of banking acumen and a long-standing history with First Mid, making him a well-rounded leader in the financial sector.