The estimated Net Worth of Richard L Postma is at least $23.9 Milión dollars as of 5 February 2015. Mr. Postma owns over 33,177 units of Macatawa Bank stock worth over $23,854,850 and over the last 11 years he sold MCBC stock worth over $0. In addition, he makes $41,175 as Independent Chairman of the Board at Macatawa Bank.
Richard has made over 3 trades of the Macatawa Bank stock since 2013, according to the Form 4 filled with the SEC. Most recently he bought 33,177 units of MCBC stock worth $181,810 on 5 February 2015.
The largest trade he's ever made was buying 33,177 units of Macatawa Bank stock on 5 February 2015 worth over $181,810. On average, Richard trades about 13,059 units every 75 days since 2013. As of 5 February 2015 he still owns at least 1,609,639 units of Macatawa Bank stock.
You can see the complete history of Mr. Postma stock trades at the bottom of the page.
Richard L. Postma is an Independent Chairman of the Board of Macatawa Bank Corp. Mr. Postma has been a director of the Company and the Bank since 2009. Mr. Postma is Chairman of the Board of the Company. Mr. Postma was selected by the Board of Directors in the fall of 2009 to serve as a director and Chairman because of his stature as a successful and respected business leader in West Michigan. Mr. Postma is Chief Executive Officer and co-founder of U.S. Signal Company, L.L.C., the Midwest’s largest fiber optic carrier network. Mr. Postma currently holds several leadership positions with a variety of other companies, serving as Chairman of TurnKey Network Solutions, LLC, a telecommunications contractor focused on infrastructure solutions, R.T. London, Inc., a designer and manufacturer of high-quality durable furniture, and P&V Capital Holdings, L.L.C. He recently served on the Board of Directors of AboveNet, Inc. (NYSE: ABVT), where he was a member of the Audit Committee, Compensation Committee, and Strategy Committee. AboveNet, Inc. was sold and delisted by way of a sale to Zayo Communications in July of 2012. He has also served as Co-Chairman and Chief Executive Officer of U.S. Xchange, LLC and has previously served on the Board of Directors and the Audit Committee of Choice One Communications, Inc. (NYSE: CWON). Since joining our Company, Mr. Postma has been working very closely with other directors and the Bank’s leadership team to provide strategic direction, improve shareholder value and grow Company profitability.
As the Independent Chairman of the Board of Macatawa Bank, the total compensation of Richard Postma at Macatawa Bank is $41,175. There are 13 executives at Macatawa Bank getting paid more, with Ronald Haan having the highest compensation of $583,521.
Richard Postma is 69, he's been the Independent Chairman of the Board of Macatawa Bank since 2009. There are 1 older and 13 younger executives at Macatawa Bank. The oldest executive at Macatawa Bank Corp. is Robert Herr, 74, who is the Independent Director.
Richard's mailing address filed with the SEC is 9700 W. HIGGINS ROAD, STE 800, , ROSEMONT, IL, 60018.
Over the last 24 years, insiders at Macatawa Bank have traded over $1,976,325 worth of Macatawa Bank stock and bought 485,893 units worth $3,529,436 . The most active insiders traders include Bay Capital, Lllp White, John F Koetje a Benj A Iii Smith. On average, Macatawa Bank executives and independent directors trade stock every 72 days with the average trade being worth of $114,381. The most recent stock trade was executed by Thomas P Rosenbach on 24 May 2022, trading 4,682 units of MCBC stock currently worth $41,202.
macatawa bank is a true community bank. we are committed to helping our customers grow and prosper financially. our clients enjoy best in class financial products, extraordinary service and fair prices. readers of grand rapids magazine and holland sentinel voted us #1 bank in west michigan again. we are committed to the communities in which we live and work. in addition to the bank participating in hundreds of community events our employees volunteer thousands of hours of service to make a difference in their communities during the year. many of our employees are active on local boards and provide their financial and leadership expertise to help and support many local non-profit organizations. macatawa bank is a great place to bank and work! check out career opportunities at www.macatawabank.com/careers macatawa bank is an equal opportunity employer and does not discriminate on the basis of age, gender, race, religion, color, national origin, marital status, genetic information, height
Macatawa Bank executives and other stock owners filed with the SEC include: