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Stock impact report

Independent Bank Corporation Announces Succession Plan for Chief Financial Officer Position

Independent Bank Corporation (IBCP) 
Last independent bank corporation earnings: 4/30 07:59 am Check Earnings Report
Company Research Source: GlobeNewswire
GRAND RAPIDS, Mich., Aug. 26, 2019 (GLOBE NEWSWIRE) -- Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that Stephen Erickson has been hired as the organization’s new Chief Financial Officer, commencing Feb. 1, 2020.  Previously, IBCP announced on June 27, 2019, that Robert Shuster, the current Executive Vice President and Chief Financial Officer of the Corporation and the Bank, had notified the organization of his intention to retire on Jan. 31, 2020.  Beginning on Sept. 23, 2019, Mr. Erickson will serve the organization as its Executive Vice President and Treasurer and will succeed Mr. Shuster following his retirement on Jan. 31, 2020. Since Mar. 2018, Mr. Erickson has served as the Chief Financial Officer of Midland States Bancorp, Inc. (“Midland”), a nearly $6.0 billion bank holding company, located in Effingham, Illinois.  He joined Midland in 2012 in connection with its acquisition of EnablePay Di Show less Read more
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