Company
Mercantile Bank Corporation
Description
Mercantile Bank has implemented a number of resignations and appointments as part of its management succession plan. Robert Kaminski, Jr. has retired as President and CEO, while Raymond Reitsma has resigned as EVP and COO and been appointed as President and CEO
Executive Insights
Based on hiring dataNew executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months