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Officers & Directors

Officers & Directors

Click on a person's name to view his or her biography.

Executive Management - First Midwest Bancorp, Inc.

Michael L. Scudder
Chairman of the Board and Chief Executive Officer
Michael L. Scudder is the Chairman of the Board and Chief Executive Officer of First Midwest Bancorp, Inc. and the Chairman of the Board and Chief Executive Officer of First Midwest Bank. He also serves as the Chairman of the Advisory Committee of the First Midwest Board and Chairman of the First Midwest Charitable Foundation.

Prior to his current appointment in September 2008, Mr. Scudder served as First Midwest Bancorp’s President and Chief Operating Officer beginning in May 2007, and as its Chief Financial Officer from January 2002 to May 2007. He also has served in various other management capacities in his over 30 years of service to First Midwest. Mr. Scudder began his professional career at KPMG.

Mr. Scudder is a member of the board of trustees of DePaul University and the executive committee of DePaul University’s Center for Financial Services. He also is a member of the board of directors of Silver Cross Hospital and a member of the Metropolitan Planning Council’s Executive Advisory Board. In addition, Mr. Scudder is an active member of the American Bankers Association’s CEO Council and the Mid-Size Bank Coalition of America, as well as the Economic Club of Chicago, the Banker’s Club of Chicago, the Chicago Club and the Commercial Club of Chicago.

Mr. Scudder earned a bachelor’s degree in accounting from Illinois Wesleyan University in 1982, and an MBA from DePaul University in 1993.
Mark G. Sander
President and Chief Operating Officer
Mark Sander is President, Chief Operating Officer and a director of First Midwest Bancorp, Inc. and First Midwest Bank. He has direct management responsibility for the operating performance of the Bank, including oversight of the Company’s commercial, consumer and wealth management lines of business, as well as credit administration, operations, information technology, marketing and communications.

Mr. Sander has more than 30 years of experience in the financial services industry. Prior to joining First Midwest Mr. Sander served as Executive Vice President, Head of Commercial Banking at Associated Banc-Corp where he oversaw Associated’s commercial banking, treasury management, insurance brokerage and capital markets businesses. He also served as a member of the Associated’s Executive and ALCO Committees. Previously, he served as a Commercial Banking Executive at Bank of America and in numerous leadership positions in commercial banking as Executive Vice President at LaSalle Bank, a $110 billion asset subsidiary of ABN AMRO, N.V., including serving as Corporate Executive Vice President.

Mr. Sander earned an MBA from the University of Chicago and a Bachelor of Science degree from the University of Illinois. He is a member of the Executive Committee of The Banker’s Club of Chicago and an active member of the Economic Club of Chicago. Mr. Sander is involved in the Brookfield Zoo/Chicago Zoological Society and the College of Business at the University of Illinois.
 
Patrick S. Barrett
Executive Vice President, Chief Financial Officer
 
Jo Ann Boylan
Executive Vice President, Chief Information and Operations Officer
 
Nicholas J. Chulos
Executive Vice President, General Counsel and Corporate Secretary
 
James P. Hotchkiss
Executive Vice President, Treasurer
 
Jeff C. Newcom
Executive Vice President, Chief Risk Officer
 
R. Douglas Rose
Executive Vice President, Chief Human Resources Officer

Executive Management - First Midwest Bank

Michael L. Scudder
Chairman of the Board and Chief Executive Officer
Michael L. Scudder is the Chairman of the Board and Chief Executive Officer of First Midwest Bancorp, Inc. and the Chairman of the Board and Chief Executive Officer of First Midwest Bank. He also serves as the Chairman of the Advisory Committee of the First Midwest Board and Chairman of the First Midwest Charitable Foundation.

Prior to his current appointment in September 2008, Mr. Scudder served as First Midwest Bancorp’s President and Chief Operating Officer beginning in May 2007, and as its Chief Financial Officer from January 2002 to May 2007. He also has served in various other management capacities in his over 30 years of service to First Midwest. Mr. Scudder began his professional career at KPMG.

Mr. Scudder is a member of the board of trustees of DePaul University and the executive committee of DePaul University’s Center for Financial Services. He also is a member of the board of directors of Silver Cross Hospital and a member of the Metropolitan Planning Council’s Executive Advisory Board. In addition, Mr. Scudder is an active member of the American Bankers Association’s CEO Council and the Mid-Size Bank Coalition of America, as well as the Economic Club of Chicago, the Banker’s Club of Chicago, the Chicago Club and the Commercial Club of Chicago.

Mr. Scudder earned a bachelor’s degree in accounting from Illinois Wesleyan University in 1982, and an MBA from DePaul University in 1993.
Mark G. Sander
President and Chief Operating Officer
Mark Sander is President, Chief Operating Officer and a director of First Midwest Bancorp, Inc. and First Midwest Bank. He has direct management responsibility for the operating performance of the Bank, including oversight of the Company’s commercial, consumer and wealth management lines of business, as well as credit administration, operations, information technology, marketing and communications.

Mr. Sander has more than 30 years of experience in the financial services industry. Prior to joining First Midwest Mr. Sander served as Executive Vice President, Head of Commercial Banking at Associated Banc-Corp where he oversaw Associated’s commercial banking, treasury management, insurance brokerage and capital markets businesses. He also served as a member of the Associated’s Executive and ALCO Committees. Previously, he served as a Commercial Banking Executive at Bank of America and in numerous leadership positions in commercial banking as Executive Vice President at LaSalle Bank, a $110 billion asset subsidiary of ABN AMRO, N.V., including serving as Corporate Executive Vice President.

Mr. Sander earned an MBA from the University of Chicago and a Bachelor of Science degree from the University of Illinois. He is a member of the Executive Committee of The Banker’s Club of Chicago and an active member of the Economic Club of Chicago. Mr. Sander is involved in the Brookfield Zoo/Chicago Zoological Society and the College of Business at the University of Illinois.
 
Patrick S. Barrett
Executive Vice President, Chief Financial Officer
 
Jo Ann Boylan
Executive Vice President, Chief Information and Operations Officer
 
Nicholas J. Chulos
Executive Vice President, General Counsel and Corporate Secretary
 
Robert P. Diedrich
Executive Vice President, Director of Wealth Management
 
Kevin P. Geoghegan
Executive Vice President, Chief Credit Officer
 
James P. Hotchkiss
Executive Vice President, Treasurer
 
Michael W. Jamieson
Executive Vice President, Director of Commercial Banking
 
Jeff C. Newcom
Executive Vice President, Chief Risk Officer
 
Thomas M. Prame
Executive Vice President, Director of Consumer and Small Business Banking
 
R. Douglas Rose
Executive Vice President, Chief Human Resources Officer
 
James V. Stadler
Executive Vice President, Chief Marketing and Communications Officer
 
Angela L. Putnam
Senior Vice President, Chief Accounting Officer

Board of Directors

Michael L. Scudder
Chairman of the Board
and Chief Executive Officer
Michael L. Scudder is the Chairman of the Board and Chief Executive Officer of First Midwest Bancorp, Inc. and the Chairman of the Board and Chief Executive Officer of First Midwest Bank. He also serves as the Chairman of the Advisory Committee of the First Midwest Board and Chairman of the First Midwest Charitable Foundation.

Prior to his current appointment in September 2008, Mr. Scudder served as First Midwest Bancorp’s President and Chief Operating Officer beginning in May 2007, and as its Chief Financial Officer from January 2002 to May 2007. He also has served in various other management capacities in his over 30 years of service to First Midwest. Mr. Scudder began his professional career at KPMG.

Mr. Scudder is a member of the board of trustees of DePaul University and the executive committee of DePaul University’s Center for Financial Services. He also is a member of the board of directors of Silver Cross Hospital and a member of the Metropolitan Planning Council’s Executive Advisory Board. In addition, Mr. Scudder is an active member of the American Bankers Association’s CEO Council and the Mid-Size Bank Coalition of America, as well as the Economic Club of Chicago, the Banker’s Club of Chicago, the Chicago Club and the Commercial Club of Chicago.

Mr. Scudder earned a bachelor’s degree in accounting from Illinois Wesleyan University in 1982, and an MBA from DePaul University in 1993.
Barbara A. Boigegrain
Chief Executive Officer and General Secretary
Wespath Benefits and Investments
Since 1994, Ms. Boigegrain has served as the Chief Executive Officer and General Secretary of Wespath Benefits and Investments (formerly the General Board of Pension and Health Benefits of The United Methodist Church), a pension, health and welfare benefit trustee and administrator that is one of the largest faith-based pension funds in the United States, with $24 billion of assets under management, and a global leader in environmental, social and governance (ESG) investing. Prior to 1994, Ms. Boigegrain spent eleven years as a consultant with Towers Perrin and four years with KPMG LLP and Dart Industries as a manager and analyst.

Ms. Boigegrain also is a member of the board of directors of Church Benefits Association and Chair of the Church Alliance, and the board of trustees of Emory & Henry College.

As the CEO and General Secretary of Wespath, Ms. Boigegrain has overseen its restructuring, significantly improved its performance and services and increased its assets under management. In her experience as a benefits consultant, she established the San Diego office of Towers Perrin.

Ms. Boigegrain is a member of our Compensation Committee (serving as its Chair), Nominating and Corporate Governance Committee and Advisory Committee.

Ms. Boigegrain earned a Bachelor of Arts degree in Biology and Psychology from Trinity University in 1979.
Thomas L. Brown
Former Senior Vice President and Chief Financial Officer
RLI Corp.
Mr. Brown served as the Senior Vice President and Chief Financial Officer of RLI Corp. (NASDAQ), a specialty insurer serving diverse niche property, casualty and surety markets from 2017 until his retirement on July 1, 2019. Prior thereto, he served RLI Corp. as its Vice President and Chief Financial Officer since 2011. Previously, he was a partner of PricewaterhouseCoopers LLP, where he served for ten years as its Midwest Regional Financial Services Director and led teams responsible for the banking, insurance, capital markets and investment management business sectors. Mr. Brown is a certified public accountant.

Mr. Brown currently serves on the board of directors of Prime Holdings Insurance Services, Inc. (since 2016). He also serves on the boards of directors of the Chicago Shakespeare Theater and Easter Seals Central Illinois. From 2004 through 2017, Mr. Brown served on the board of trustee of Illinois Wesleyan University.

Mr. Brown is a member of our Audit Committee and Enterprise Risk Committee.

Mr. Brown earned a Bachelor of Science degree in Accounting from Illinois Wesleyan University in 1979.
Phupinder S. Gill
Former Chief Executive Officer
CME Group, Inc.
Mr. Gill served as the Chief Executive Officer of CME Group Inc. (NYSE), a global derivatives marketplace and exchange, from 2012 until his retirement on December 31, 2016. Prior thereto, he served as President from 2007 until 2012, and he previously served as President and Chief Operating Officer of CME Holdings and of CME from 2004 until 2007. From 2000 to 2003, he served as Managing Director and President of CME Clearing. Mr. Gill was also the President of GFX Corp., a wholly-owned subsidiary of CME Group that provides liquidity in foreign exchange futures, from 1998 until 2012.

Mr. Gill currently serves on the board of directors of The Alexander Maxwell Grant Foundation. From 2012 until his retirement on December 31, 2016, he served on the boards of CME Group and the World Federation of Exchanges. He also previously served on the boards of CME Clearing Europe (CME Group’s UK Clearing House), Bursa Malaysia Derivatives Berhad, Bolsa Mexicana de Valores, S.A.B. de C.V., CME Group Foundation and CME Group Community Foundation. Mr. Gill is a past member of CME Group’s Competitive Markets Advisory Council.

Mr. Gill is a member of our Audit Committee and Enterprise Risk Committee.

Mr. Gill earned a Bachelor of Science degree in Finance in 1985 and a Master of Business Administration with a concentration in Finance in 1987 from Washington State University.
Kathryn J. Hayley
Chief Executive Officer
Rosewood Advisory Services, LLC
Former Executive Vice President
UnitedHealthcare
Ms. Hayley is the Chief Executive Officer of Rosewood Advisory Services, LLC, a business advisory services firm. Previously, she served as an Executive Vice President of UnitedHealthcare (a subsidiary of UnitedHealth Group, Inc. (NYSE)), a position in which she served from 2012 to 2015, overseeing a number of strategic initiatives at this global healthcare company. From 2006 to 2012, she served as an executive of Aon plc (NYSE), including as Chief Executive Officer of Aon Consulting Worldwide and Aon Hewitt Consulting Americas. Prior to her service at Aon, Ms. Hayley was an information technology partner at Deloitte Consulting and led the U.S. financial services practice. She also served on the board of directors of Deloitte & Touche LLP U.S.

Ms. Hayley currently serves on the advisory board of E.A. Renfroe & Company, Inc. (since 2016) and previously served on the board of directors of Tribridge Holdings, LLC (2015 to 2017). She also serves on the board of the Chicago Shakespeare Theater.

Ms. Hayley is a member of our Audit Committee and Compensation Committee.

Ms. Hayley earned a Bachelor of Science degree in Applied Computer Science from Illinois State University in 1979 and a Master of Business Administration, with concentrations in Marketing and Finance, from the Kellogg School of Management at Northwestern University in 1984.
Peter J. Henseler
President
TOMY International
Mr. Henseler is the President and a director of TOMY International, a wholly-owned subsidiary of TOMY Company, Ltd., a global designer and marketer of toys and infant products. He is also the founder and President of Wise Consulting Group Inc., a strategy and management consulting firm. He rejoined TOMY International in 2017 after serving as Vice Chairman until his retirement in 2012. Mr. Henseler previously held the position of President of TOMY International from 2011 until 2012. He was President of RC2 Corporation (NASDAQ) from 2002 to 2011, at which time TOMY Company acquired RC2. He served as RC2’s Executive Vice President of Sales and Marketing from 1999 to 2002. Mr. Henseler also previously served as a director of RC2 and TOMY International.

Prior to joining RC2, Mr. Henseler held marketing positions at McDonald’s Corporation and Hasbro, Inc. In February 2018, he completed his tenure as Chairman of the Toy Industry Foundation and now serves as an executive advisor to the board. In addition, he also previously served on the board of directors of the American Toy Industry Association.

Mr. Henseler is a member of our Compensation Committee and Nominating and Corporate Governance Committee.

Mr. Henseler earned a Bachelor of Science degree in Marketing from Xavier University in 1980.
Frank B. Modruson
President
Modruson & Associates, LLC
Former Chief Information Officer
Accenture Plc
Mr. Modruson has served as President of Modruson & Associates, LLC, a management consulting firm, since 2015. Prior thereto, Mr. Modruson spent the majority of his career at Accenture plc, a global professional services company, where he served as a client partner and as Chief Information Officer.

He currently serves on the board of directors of Zebra Technologies Corporation (since 2014; NASDAQ). Previously, Mr. Modruson served on the boards of directors of Landauer Corporation (2017; NYSE) and Forsythe Technology, Inc. (2014 to 2017), both of which were acquired in 2017. He also serves on the boards of the Lyric Opera of Chicago and the Glen Ellyn Volunteer Fire Company.

Mr. Modruson is a member of our Audit Committee and Enterprise Risk Committee.

Mr. Modruson earned a Bachelor of Science degree in Computer Science from Dickinson College in 1984 and a Master of Science degree in Computer Science from Pennsylvania State University in 1987.
Ellen A. Rudnick
Senior Advisor and Adjunct Professor of Entrepreneurship
University of Chicago
Booth School of Business
Since 1999, Ms. Rudnick has served at the University of Chicago Booth School of Business. She is currently a Senior Advisor and Adjunct Professor of Entrepreneurship, and she previously served as the Executive Director of the Polsky Center for Entrepreneurship and Innovation. Prior to joining the University of Chicago, Ms. Rudnick served as President and Chief Executive Officer of Healthcare Knowledge Resources, President of HCIA, Chairman of Pacific Biometrics and Corporate Vice President of Baxter Healthcare Corporation.

Ms. Rudnick currently serves on the boards of directors of Patterson Companies (since 2003; NASDAQ), HMS Holdings, Corp. (since 1997; NASDAQ) and Liberty Mutual Insurance Company (since 2001).

She has spent over thirty years in business management and entrepreneurial activities, primarily in the health care and information services industries. She serves in various leadership positions with several civic and nonprofit organizations in the Chicago metropolitan area, including having served on the board of the Northshore University Health System for over 20 years and on the board of Hyde Park Angels, and currently is on the boards of directors of the Chicagoland Entrepreneurship Center (1871) and Matter. She is the recipient of several honors, including the Today’s Chicago Woman 20th Anniversary Hall of Fame Award, the YWCA Leadership Award and the Illinois Venture Capital Industry Richard J. Daley Award.

Ms. Rudnick is a member of our Compensation Committee and Nominating and Corporate Governance Committee.

Ms. Rudnick earned a Bachelor of Arts degree in Italian (with a minor in Economics) from Vassar College in 1972 and a Master of Business Administration with a concentration in Finance from the University of Chicago in 1973.
Mark G. Sander
President and Chief Operating Officer
First Midwest Bancorp, Inc.
Mark Sander is President, Chief Operating Officer and a director of First Midwest Bancorp, Inc. and First Midwest Bank. He has direct management responsibility for the operating performance of the Bank, including oversight of the Company’s commercial, consumer and wealth management lines of business, as well as credit administration, operations, information technology, marketing and communications.

Mr. Sander has more than 30 years of experience in the financial services industry. Prior to joining First Midwest Mr. Sander served as Executive Vice President, Head of Commercial Banking at Associated Banc-Corp where he oversaw Associated’s commercial banking, treasury management, insurance brokerage and capital markets businesses. He also served as a member of the Associated’s Executive and ALCO Committees. Previously, he served as a Commercial Banking Executive at Bank of America and in numerous leadership positions in commercial banking as Executive Vice President at LaSalle Bank, a $110 billion asset subsidiary of ABN AMRO, N.V., including serving as Corporate Executive Vice President.

Mr. Sander earned an MBA from the University of Chicago and a Bachelor of Science degree from the University of Illinois. He is a member of the Executive Committee of The Banker’s Club of Chicago and an active member of the Economic Club of Chicago. Mr. Sander is involved in the Brookfield Zoo/Chicago Zoological Society and the College of Business at the University of Illinois.
Michael J. Small
Chief Executive Officer
K4 Mobility LLC
Mr. Small is a founder and the Chief Executive Officer of K4 Mobility LLC, a technology developer and provider of satellite communications services, since August 2018.

Previously, Mr. Small served as the President and Chief Executive Officer and a director of Gogo, Inc. (NASDAQ), an airborne communications service provider, from 2010 until March 2018. Prior to joining Gogo, Mr. Small served as the Chief Executive Officer and a director of Centennial Communications Corp. (NASDAQ) from 1999 to 2009. From 1995 to 1998, Mr. Small was the Executive Vice President and Chief Financial Officer of 360 Degrees Communications Company. Prior to 1995, he held the position of President of Lynch Corporation (NYSEMKT), a diversified acquisition-oriented company with operations in telecommunications, manufacturing and transportation services.

Mr. Small is a member of our Audit Committee and Enterprise Risk Committee.

Mr. Small earned a Bachelor of Arts degree in History from Colgate University in 1979 and a Master of Business Administration with a concentration in Finance from the University of Chicago in 1981.
Stephen C. Van Arsdell
Former Senior Partner
Chairman and Chief Executive Officer
Deloitte & Touche LLP
Mr. Van Arsdell is a former senior partner of Deloitte & Touche LLP, where he served as Chairman and Chief Executive Officer from 2010 to 2012, and as Deputy Chief Executive Officer from 2009 to 2010. Previously, he served as Deloitte’s partner-in-charge of its financial services practice in the Midwest, and he was a member of Deloitte’s board from 2003 through 2009. Mr. Van Arsdell is a certified public accountant.

Mr. Van Arsdell currently serves on the Audit Committee of Brown Brothers Harriman & Co. (since 2015) and the board of directors of Mueller Water Products, Inc. (since 2019; NYSE).He also is a member of the Dean’s advisory council for the College of Business at the University of Illinois and Chairman of the board of directors of the University of Illinois Alumni Alliance. He is a member of the Illinois Alumni Association Board of Advisors. Mr. Van Arsdell currently serves on the board of trustees of the Morton Arboretum and previously chaired the board of trustees of the Conservation Foundation.

Mr. Van Arsdell is a member of our Audit Committee (serving as its Chair), Nominating and Corporate Governance Committee and Advisory Committee.

He earned a Bachelor of Science degree in Accounting and a Master of Accounting Science degree from the University of Illinois in 1972 and 1973, respectively.
J. Stephen Vanderwoude
Lead Independent Director
First Midwest Bancorp, Inc.
Former Chairman and Chief Executive Officer
Madison River
Mr. Vanderwoude has served as the Company’s Lead Independent Director since 2017. He is currently a private investor. From 1996 until 2007, he served as Chairman and Chief Executive Officer at Madison River Communications Corp., a company that acquired and operated rural telephone companies. Prior to his service to Madison River, he served as the President, Chief Executive Officer and a director of Powerhouse Technologies, Inc. (NASDAQ), and President, Chief Operating Officer and a director of Centel Corporation (NYSE). Mr. Vanderwoude served as a member of the board of directors of Centennial Communications Corp. (NASDAQ) from 2002 to 2009 and as its Chairman from 2007 to 2009.

Mr. Vanderwoude is a member of our Enterprise Risk Committee (serving as its Chair), Nominating and Corporate Governance Committee and Advisory Committee.

Mr. Vanderwoude earned a Bachelor of Science degree in Engineering from the University of Pennsylvania in 1967 and a Master of Business Administration with concentrations in Economics and Marketing from the University of Chicago in 1977.