CHAMPAIGN, Ill. (WCIA) — Two days after dozens of parents were charged with trying to bribe their kids’ way into college, one of them with central Illinois ties has stepped down from her position.
As of Friday, March 15th, Elisabeth Meyer Kimmel is resigning from the First Busey Corporation’s board of directors. She also owns Midwest Television, the company that used to own WCIA 3. That company still lists an address as being in the Busey Bank building in downtown Champaign.
Kimmel was arrested at her California home on Tuesday, accused of paying hundreds of thousands of dollars in bribes to get her kids into college. The criminal complaint claims that money came from the Meyer Charitable Foundation.
Kimmel’s father Chris Meyer is also on Busey’s board of directors. Recent paperwork filed with the IRS lists him as the secretary and treasurer of the Meyer Charitable Foundation, while Kimmel is just listed as an “assistant secretary”. We reached out to Chris Meyer to ask if he knew about his daughter’s accused withdrawal of more than $500,000 from the Foundation, but got no response.
We also asked Busey if the corporation ever donated any money to the Meyer Charitable Foundation. They didn’t give us an answer.
Executive Vice President of Brand Strategies Abby Hendren released the following statement:
Ms. Elisabeth Kimmel has resigned from the position of First Busey Director effective on March 15, 2019. There remains an ongoing investigation of the facts surrounding this situation, which the Company became aware of only a few days ago. As with all matters in our long history, this situation is being appropriately handled in accordance with stringent governance processes and appropriate actions will be taken consistent with our internal policies and code of ethics.