Macatawa Bank (MCBC) Names Postma as Chairman
The Board of Directors of Macatawa Bank (NASDAQ: MCBC) has selected Richard L. Postma, a successful and respected business leader in West Michigan, to be the new Chairman of Macatawa Bank Corp.
Postma, who is the co-founder and CEO of U.S. Signal Co., LLC, has joined the board of the holding company and will work closely with other directors and the Bank's leadership team to provide strategic direction, improve shareholder value and return the bank to profitability. Backed by more than 35 years of professional experience launching, leading and growing companies, Postma will also work with current and potential investors to raise capital and improve the Bank's financial position.
He assumes the role of Chairman from Robert E. DenHerder, a founding director of the Bank and who remains on the board.
Postma, who is the co-founder and CEO of U.S. Signal Co., LLC, has joined the board of the holding company and will work closely with other directors and the Bank's leadership team to provide strategic direction, improve shareholder value and return the bank to profitability. Backed by more than 35 years of professional experience launching, leading and growing companies, Postma will also work with current and potential investors to raise capital and improve the Bank's financial position.
He assumes the role of Chairman from Robert E. DenHerder, a founding director of the Bank and who remains on the board.
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