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Independent Bank Corporation Announces Appointment of New Chief Operating Officer

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Independent Bank (NASDAQ: IBCP) has appointed Christopher Michaels as its new Chief Operating Officer, effective January 2, 2025. Michaels, who has been with the organization for twelve years, previously served as Chief Information Officer and Senior Vice President since January 2020.

The Michigan-based bank holding company, with total assets of approximately $5.3 billion, operates through Independent Bank across Michigan's Lower Peninsula. The bank, founded in 1864 as First National Bank of Ionia, provides comprehensive financial services including commercial banking, mortgage lending, investments, and insurance.

CEO William B. Kessel highlighted Michaels' proven leadership abilities and successful track record in driving organizational transformation, expressing confidence in his ability to enhance customer service and achieve long-term growth objectives.

Independent Bank (NASDAQ: IBCP) ha nominato Christopher Michaels come nuovo Chief Operating Officer, con effetto dal 2 gennaio 2025. Michaels, che è parte dell'organizzazione da dodici anni, ha precedentemente ricoperto il ruolo di Chief Information Officer e Senior Vice President a partire da gennaio 2020.

La holding bancaria con sede nel Michigan, con attivi totali di circa $5.3 miliardi, opera attraverso Independent Bank in tutta la Penisola Inferiore del Michigan. La banca, fondata nel 1864 come First National Bank of Ionia, offre servizi finanziari completi, tra cui banca commerciale, prestiti ipotecari, investimenti e assicurazioni.

Il CEO William B. Kessel ha sottolineato le comprovate capacità di leadership di Michaels e il suo successo nel promuovere la trasformazione organizzativa, esprimendo fiducia nella sua capacità di migliorare il servizio clienti e raggiungere gli obiettivi di crescita a lungo termine.

Independent Bank (NASDAQ: IBCP) ha nombrado a Christopher Michaels como su nuevo Chief Operating Officer, con efecto a partir del 2 de enero de 2025. Michaels, quien ha estado en la organización durante doce años, anteriormente se desempeñó como Chief Information Officer y Vicepresidente Senior desde enero de 2020.

La empresa matriz bancaria con sede en Michigan, con activos totales de aproximadamente $5.3 mil millones, opera a través de Independent Bank en toda la Península Inferior de Michigan. El banco, fundado en 1864 como First National Bank of Ionia, ofrece servicios financieros integrales, incluidos banca comercial, préstamos hipotecarios, inversiones y seguros.

El CEO William B. Kessel destacó las comprobadas habilidades de liderazgo de Michaels y su exitosa trayectoria en la transformación organizativa, expresando confianza en su capacidad para mejorar el servicio al cliente y alcanzar los objetivos de crecimiento a largo plazo.

Independent Bank (NASDAQ: IBCP)는 Christopher Michaels를 새로운 Chief Operating Officer로 임명했으며, 이는 2025년 1월 2일부터 발효됩니다. Michaels는 12년 동안 이 조직에 근무하며, 2020년 1월부터 Chief Information Officer 및 수석 부사장으로 재직해왔습니다.

Michigan에 본사를 둔 이 은행 지주 회사는 약 $53억 달러의 총 자산을 보유하고 있으며, Michigan의 하부 반도를 통해 Independent Bank로 운영됩니다. 이 은행은 1864년 First National Bank of Ionia로 설립되어 상업 은행업, 주택 대출, 투자 및 보험 등 종합적인 금융 서비스를 제공합니다.

CEO William B. Kessel은 Michaels의 입증된 리더십 능력과 조직 변화를 촉진한 성공적인 실적을 강조하며, 고객 서비스 개선 및 장기 성장 목표 달성에 대한 그의 능력에 대한 신뢰를 표명했습니다.

Independent Bank (NASDAQ: IBCP) a nommé Christopher Michaels au poste de Chief Operating Officer, à compter du 2 janvier 2025. Michaels, qui fait partie de l'organisation depuis douze ans, a précédemment exercé les fonctions de Chief Information Officer et de Vice-Président Senior depuis janvier 2020.

La société de portefeuille bancaire basée au Michigan, avec des actifs totaux d'environ 5,3 milliards de dollars, opère à travers Independent Bank dans la péninsule inférieure du Michigan. La banque, fondée en 1864 sous le nom de First National Bank of Ionia, propose des services financiers complets, notamment la banque commerciale, les prêts hypothécaires, les investissements et les assurances.

Le CEO William B. Kessel a souligné les compétences avérées en leadership de Michaels et son bilan réussi dans la transformation organisationnelle, exprimant sa confiance en sa capacité à améliorer le service client et à atteindre des objectifs de croissance à long terme.

Independent Bank (NASDAQ: IBCP) hat Christopher Michaels als neuen Chief Operating Officer ernannt, der ab dem 2. Januar 2025 tätig sein wird. Michaels, der seit zwölf Jahren Teil der Organisation ist, diente zuvor seit Januar 2020 als Chief Information Officer und Senior Vice President.

Das in Michigan ansässige Bankholding-Unternehmen verfügt über Gesamtvermögen von etwa $5,3 Milliarden und operiert über Independent Bank in der unteren Halbinsel von Michigan. Die im Jahr 1864 als First National Bank of Ionia gegründete Bank bietet umfassende Finanzdienstleistungen an, darunter das gewerbliche Bankwesen, Hypothekenkredite, Investitionen und Versicherungen.

CEO William B. Kessel hob Michaels' bewährte Führungsqualitäten und seine erfolgreiche Bilanz in der Förderung organisatorischer Transformation hervor und äußerte Vertrauen in seine Fähigkeit, den Kundenservice zu verbessern und langfristige Wachstumsziele zu erreichen.

Positive
  • Appointment of experienced internal candidate with 12 years at the company
  • Demonstrates clear succession planning and internal talent development
  • New COO has proven track record in organizational transformation
Negative
  • None.

GRAND RAPIDS, Mich., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that Christopher Michaels has been appointed as the organization’s new Chief Operating Officer, effective January 2, 2025.

William B. (Brad) Kessel, the President and Chief Executive Officer of Independent Bank Corporation, commented: “Chris is a proven leader with a deep understanding of our business with a successful track record for driving transformation within our organization which makes him uniquely suited for this role. I am confident that this appointment will position us to better serve our customers and achieve our long-term growth goals.”

Since January 2020, Mr. Michaels has served as the Chief Information Officer and Senior Vice President of Independent Bank. Mr. Michaels has been with the organization for twelve years.

About Independent Bank Corporation

Independent Bank Corporation (NASDAQ: IBCP) is a Michigan-based bank holding company with total assets of approximately $5.3 billion. Founded as First National Bank of Ionia in 1864, Independent Bank Corporation operates a branch network across Michigan's Lower Peninsula through one state-chartered bank subsidiary. This subsidiary (Independent Bank) provides a full range of financial services, including commercial banking, mortgage lending, investments and insurance. Independent Bank Corporation is committed to providing exceptional personal service and value to its customers, stockholders and the communities it serves.

For more information, please visit our Web site at: IndependentBank.com.

Contact:William B. Kessel, President and CEO, 616.447.3933
Gavin A. Mohr, Chief Financial Officer, 616.447.3929

FAQ

When does Christopher Michaels start as COO of Independent Bank (IBCP)?

Christopher Michaels starts as Chief Operating Officer of Independent Bank (IBCP) on January 2, 2025.

What was Christopher Michaels' previous role at IBCP before becoming COO?

Before becoming COO, Christopher Michaels served as Chief Information Officer and Senior Vice President of Independent Bank since January 2020.

What is Independent Bank 's (IBCP) current asset size?

Independent Bank (IBCP) has total assets of approximately $5.3 billion.

How long has Christopher Michaels been with Independent Bank (IBCP)?

Christopher Michaels has been with Independent Bank (IBCP) for twelve years.

What services does Independent Bank (IBCP) provide?

Independent Bank (IBCP) provides commercial banking, mortgage lending, investments, and insurance services through its Michigan branch network.

Independent Bank Corp.

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