Grand Rapids, Mich.-based Mercantile Bank Corp., President and CEO Robert Kaminski Jr. will retire on June 1, 2024.
Chief Operating Officer Raymond Reitsma is expected to succeed Kaminski as president and CEO of the holding company, with Kaminski remaining on the board of directors.
Subsidiary Mercantile Bank hired Reitsma 20 years ago as a commercial loan manager. Appointed president of the bank in January 2017, Reitsma was later named executive vice president and COO of Mercantile Bank Corp.
Reitsma completed his undergraduate work at Calvin University, Grand Rapids, and has an MBA from Michigan State University in East Lansing.
Kaminski, who has been with the bank since its formation in 1997, said the succession “reflects many years of thoughtful consideration about the future leadership of our company. We have complete confidence that Mercantile, with Ray at the helm, will continue fulfilling the role of trusted partner for our clients and the communities we serve, as well as adding value for our shareholders.”