Business
Mercantile Bank Corporation and Mercantile Bank of Michigan Appoint New Members to Board of Directors
Appointments provide additional Board strength, diverse industry knowledge and business experience GRAND RAPIDS, Mich., Aug. 27, 2020 /PRNewswire/ --
About this update from Mercantile Bank Corporation
[{"type":"text","content":"Appointments provide additional Board strength, diverse industry knowledge and business experience\n\n\nGRAND RAPIDS, Mich., Aug. 27, 2020 /PRNewswire/ -- Mercantile Bank Corporation (NASDAQ: MBWM) (\"Mercantile\"), announced today the appointments of David B. Ramaker, former Chairman, President and Chief Executive Officer of Chemical Bank, and Michael S. Davenport, President and Chief Executive Officer of Jireh Metal Products, to Mercantile's Board of Directors. Mercantile also announced the appointment of David B. Ramaker and Shoran Reid Williams, Senior Counsel for Miller Johnson, to the Board of Mercantile Bank, Mercantile's wholly owned subsidiary. All appointments are effective immediately.\n\n \n \n \n \n \n \n\n \n\"The additions of David, Michael and Shoran bring valuable industry and business expertise, and we are pleased to add their strong and diverse capabilities to our Boards,\" said Robert B. Kaminski, Jr., Chief Executive Officer of Mercantile. \"Each of these individuals is a well-respected leader with acclaimed success across their respective fields and communities, and we are confident that their leadership and experience will add significant value to the Board's guidance, which frames our organization's strategic pursuits and goals for sustainability. We are continually committed to attracting talented and experienced individuals who provide additional perspective and diverse backgrounds as we work to create value for our shareholders.\"\nMr. Ramaker most recently served as President and Chief Executive Officer of Chemical Financial Corporation, as the company grew from approximately $3 billion to $18 billion in total assets, through both strategic acquisitions and organic growth. He joined Chemical Bank in 1989 as Vice President of Commercial lending and served as President and Chief Executive Officer of Chemical Financial Corporation from 2001 through June of 2017. Prior, he held a variety of banking positions with financial institutions in Texas from 1977 through 1989. Mr. Ramaker holds a bachelor's degree with a major in finance and minor in accounting from Southern Methodist University. He is currently President of the Michigan Baseball Foundation, which owns a minor league baseball stadium and team, with an overarching mission to act as an economic catalyst for the Midland, Michigan, community, where he...