Mercantile Bank (MBWM) Prnewswire·2024-06-03 12:00Core Points - Mercantile Bank Corporation has implemented a management succession plan, effective June 1, 2024, resulting in key leadership changes [1][2][3] Group 1: Leadership Changes - Robert B. Kaminski, Jr. has retired as President and CEO of Mercantile Bank Corporation and its subsidiary, Mercantile Bank, but remains a Director [1] - Raymond E. Reitsma has been appointed as the new President and CEO of Mercantile Bank Corporation and CEO of the Bank, having a 20-year tenure with the Bank and previously serving in various leadership roles [2] - Scott P. Setlock has been appointed as EVP, COO, and Secretary of Mercantile Bank Corporation, continuing his role as EVP and COO of the Bank [3] Group 2: Company Overview - Mercantile Bank Corporation, based in Grand Rapids, Michigan, is a bank holding company with approximately $5.5 billion in assets, providing financial products and services to businesses, individuals, and governmental units [4]