MIDLAND, Mich., Jan. 16 /PRNewswire/ -- Dan L. Smith, J. Daniel Bernson
and L. Richard Marzke were named to the board of Chemical Financial
Corporation (Nasdaq: CHFC) at the regular board meeting held on January 15,
2001.
Dan L. Smith has been Chairman and Chief Executive Officer of Shoreline
Financial Corporation and its subsidiary, Shoreline Bank. Mr. Smith began his
banking career in 1956 with Union State Bank of Buchanan, Michigan. Through a
series of mergers and acquisitions, Union State Bank ultimately became part of
Shoreline Bank. In 1972, he became Senior Vice President and a director of
Inter-City Bank that also became part of the Shoreline organization and, in
1988, he became that bank's President and Chief Executive Officer. He became
Chairman, President and Chief Executive Officer of Shoreline Financial
Corporation in 1993. Mr. Smith will continue to serve as Chairman of the
Board of Shoreline Bank which is in the process of changing its name to
Chemical Bank Shoreline.
J. Daniel Bernson has been a director of Shoreline Bank since 1999. He
has been President of The Hanson Group of St. Joseph, Michigan, since 1986.
Hanson's interests include Hanson Mold, Hanson Cold Storage Co., Eagle
Technologies Group, and the Pure Fact Water Center. Before joining the Hanson
organization, Mr. Bernson was Senior Vice President and Chief Financial
Officer of Weldun International, Inc., in Bridgeman, Michigan.
L. Richard Marzke has been a director of Shoreline Bank and Shoreline
Financial Corporation since it commenced operations. Previously, he had been
a director of Inter-City Bank since 1977. Mr. Marzke has been associated with
Pri Mar Petroleum in St. Joseph, Michigan and its predecessor firms since
1959. He became President of Pri Mar when it was organized in 1972 and served
in that capacity until 1999 when he became Chairman of the Board and Chief
Executive Officer of the company.
Like Mr. Smith, both Mr. Bernson and Mr. Marzke will continue to serve as
directors of Chemical Bank Shoreline.
Chemical Financial Corporation is a multi-bank holding company
headquartered in Midland, Michigan. As a consequence of the merger with
Shoreline Financial Corporation, Chemical Financial has total assets of more
than $3 billion and 118 full service banking offices and 2 loan production
offices spread over 30 counties in the lower peninsula of Michigan. Chemical
Financial Corporation common stock trades on the Nasdaq Stock Market under the
symbol CHFC.
SOURCE Chemical Financial Corporation
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Related links:
http://chemicalbankmi.com
Company News On-Call:
http://www.prnewswire.com/comp/157448.html or fax,
800-758-5804, ext. 157448
CONTACT:
Aloysius J. Oliver, 517-839-5352, or Lori A.
Gwizdala, 517-839-5358, both of Chemical Financial Corporation
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