Form 8-K INDEPENDENT BANK CORP For: Dec 16

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report: December 16, 2016

INDEPENDENT BANK CORPORATION

(Exact name of registrant as

specified in its charter)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

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Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of  Certain Officers

Effective December 16, 2016, the Board of Directors of Independent Bank Corporation (the “Company”) appointed Christina Keller to the Board of   Directors of the Company and its wholly-owned subsidiary, Independent Bank.  Since August 2016, Ms. Keller has served as the President of the Cascade Business Team (“CBT”) of Cascade Engineering (“CE”).   CBT consists of four of CE’s nine business units.  CE is based in Grand Rapids, Michigan and is a global manufacturing company supporting a diversity of strategic markets, including transportation, environmental services, office seating, material handling, polymer compounding, and radio frequency identification technology. CE employs approximately 1,600 people.  Christina joined CE in 2009 after working in consulting in New York City and Washington, DC.

In connection with the appointment of Ms. Keller to the Board of Directors, the Board increased the size of the Board from nine members to ten members.  Ms. Keller has not yet been appointed to any committee of the Board of Directors.

Item 9.01

Financial Statements and Exhibits

99.1	Press release announcing the appointment of Christina Keller to the Board of Directors of Independent Bank Corporation and Independent Bank, issued by the Company on December 19, 2016.

 

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

 

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Exhibit 99.1

 

NEWS RELEASE

Independent Bank Corporation

                    4200 East Beltline

       Grand Rapids, MI  49525

                                                              616.527.5820

For Release:

Immediately

Contact:

William B. Kessel, President and CEO, 616.447.3933 Robert N. Shuster, Chief Financial Officer, 616.522.1765

INDEPENDENT BANK CORPORATION

ANNOUNCES APPOINTMENT OF CHRISTINA KELLER

TO ITS BOARD OF DIRECTORS

GRAND RAPIDS, Mich., Dec. 19, 2016 – Independent Bank Corporation (NASDAQ: IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that its Board of Directors appointed Christina Keller to the boards of the Corporation and the Bank. Ms. Keller is the President of the Cascade Business Team (CBT) of Cascade Engineering (CE), serving in this role since August of 2016. CBT consists of four of CE’s nine business units.  CE is based in Grand Rapids and is a global manufacturing company supporting a diversity of strategic markets, including transportation, environmental services, office seating, material handling, polymer compounding, and radio frequency identification technology.  CE employs approximately 1,600 people.  Christina joined CE in 2009 after working in consulting in New York City and Washington, DC.

William B. (“Brad”) Kessel, the President and Chief Executive Officer of Independent Bank Corporation, commented: “We are pleased to add Christina to the Boards of Directors of both our parent company and the Bank.  Her experience and leadership roles with a West Michigan based global manufacturing enterprise, as well as her strong educational background, make her an important addition to our organization.”

Christina Keller commented: “I am honored and excited to join the Board of Directors of Independent Bank Corporation. The Company has a strong dedication to the communities it serves. I look forward to working with such a talented and committed Board and management team.”

Ms. Keller is a graduate of Boston College with a Bachelor of Arts Degree in International Studies and also earned a Masters of Business Administration Degree from the Johnson School of Management at Cornell University.

Ms. Keller’s community activities include serving on the board of the Grand Rapids Community Foundation as well as involvement in Grand Angels, the Young President’s Organization and the Family Business Alliance.  She holds a Master Black Belt Certificate in Lean Six Sigma from Villanova University.

Independent Bank Corporation (NASDAQ: IBCP) is a Michigan-based bank holding company with total assets of approximately $2.5 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 title services. 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 website at:  IndependentBank.com.