MIDLAND, Mich., Nov. 20 /PRNewswire/ -- Alan W. Ott, chairman of Chemical
Bank and Trust Company, Midland, announced that on November 19, 2001, the
board of directors of the Bank appointed John A. Reisner to succeed David B.
Ramaker as president and chief executive officer of Chemical Bank and Trust
Company, effective January 1, 2002. As previously announced, David B. Ramaker
will succeed Aloysius J. Oliver as president and chief executive officer of
the parent company, Chemical Financial Corporation, on January 1, 2002.
Chemical Bank and Trust Company has $1.5 billion in total assets and operates
59 offices in 14 counties in central and eastern Michigan.
Aloysius J. Oliver, chairman of Chemical Bank West, Cadillac, announced
that on November 20, 2001, the board of directors of the Bank appointed Thomas
W. Kohn to succeed John A. Reisner as president of Chemical Bank West,
Cadillac, effective January 1, 2002.
Reisner began his banking career in 1971 with American National Bank,
Kalamazoo. He joined the Chemical organization in 1979 as assistant vice
president & loan officer at Chemical Bank and Trust Company, Midland. He then
served three years as executive vice president of Chemical Bank Gladwin
County, Beaverton, five years as president of Chemical Bank Montcalm, Stanton,
and a total of 13 years as president of Chemical Bank West, Cadillac.
Reisner received his B.S. degree from Manchester College in 1967 and
completed the University of Michigan Graduate School of Bank Management in
1979. He has participated in an extensive list of community support
organizations and service clubs, including serving the Cadillac Chamber of
Commerce as a member of its Executive Committee; he is currently president of
the Missaukee Community Foundation and is a past president of the Cadillac
Ambassador Club. Reisner and his wife, Betty, will relocate to the Midland
area.
Thomas W. Kohn began his banking career with Montcalm Central Bank,
Stanton, in 1977, prior to its acquisition by Chemical Financial Corporation
in 1981. Kohn became president of the Bank in 1991 and has continued to serve
in that capacity to the present time. Earlier in 2001, through a corporate
reorganization, Chemical Banks headquartered in Stanton, Big Rapids, Grayling
and Cadillac were consolidated into Chemical Bank West. In September of 2001,
the Corporation purchased Bank West of Grand Rapids and merged it into
Chemical Bank West, Cadillac. Chemical Bank West currently has assets
totaling $760 million and operates 28 banking offices in 10 counties in
central and western Michigan.
Kohn is a 1976 graduate of Alma College and in 1985 he completed the
University of Michigan Graduate School of Business Administration. Kohn is
president of the Montcalm Community College Foundation, chairman of the
Stanton Downtown Development Authority and participates in various other
service clubs and community support organizations. Kohn and his wife,
Christine, have 3 children.
Chemical Bank and Trust Company and Chemical Bank West are both wholly-
owned subsidiaries of Chemical Financial Corporation, Midland. Chemical
Financial Corporation is the fourth largest bank holding company headquartered
in Michigan. The Company's three Subsidiary Banks operate 128 "Chemical Bank"
offices and 2 loan production offices spread over 33 counties in the lower
peninsula of Michigan. CFC Data Corp, Midland, is the Company's wholly owned
data processing subsidiary.
Chemical Financial Corporation common stock trades on the Nasdaq Stock
Market under the symbol CHFC and is one of the issues comprising the Nasdaq
Financial 100 index.
SOURCE Chemical Financial Corporation
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Related links:
http://chemicalbankmi.com
Company News On-Call:
http://www.prnewswire.com/comp/157448.html
CONTACT:
Alan W. Ott, Chairman of the Board of
Chemical Bank and Trust Company, +1-989-839-5333; or Aloysius J.
Oliver, Chairman of the Board of Chemical Bank West,
+1-989-839-5352
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