– USA, MI – Independent Bank Corporation (NASDAQ:IBCP), the holding company of Independent Bank, a Michigan-based community bank, announced that its Board of Directors appointed Joan A. Budden to the boards of the Corporation and the Bank. Ms. Budden is the Chief Marketing Officer of Priority Health, serving in this role since July of 2010. As Chief Marketing Officer, Ms. Budden is responsible for strategic marketing, product development, sales and government programs. And prior to that she served as Vice President of Individual Business for Blue Cross Blue Shield of Michigan where she was employed since 1985.
William B. Kessel, the President and Chief Executive Officer of Independent Bank Corporation, commented: “We are pleased to add Joan to the Boards of Directors of both our parent company and the Bank. Joan brings many years of business experience and expertise serving in several senior leadership roles within the healthcare industry. Joan is familiar with our Michigan markets, and knowledgeable on what it takes to compete in an industry faced with heavy regulation, consolidation and rapid change.”
Joan A. Budden commented: “I am excited to join the Board of Directors of Independent Bank Corporation. The Company has a strong dedication to Michigan and the communities it serves. I look forward to working with such a talented and committed Board and management team.”
Ms. Budden is a graduate of the University of Michigan with a Bachelors Degree in Business Administration and also earned a Masters Degree in Public Administration from Wayne State University. In her 25 years of experience in the health care industry, she has served in executive leadership roles in multiple areas, including the Individual Consumer Products Division, Project Management Office, and Corporate Strategy Department for one of the nation’s largest health plans.
Ms. Budden’s community activities include serving as Chairman of the Michigan Women’s Foundation, as well as serving on the Board of Directors of Spectrum Health Hospitals, the Grand Rapids YMCA, Grand Rapids Chamber of Commerce, and The Children’s Center in Detroit.
About Independent Bank Corporation
Independent Bank Corporation (NASDAQ:IBCP) is a Michigan-based bank holding company with total assets of approximately $2.3 billion. Founded as First National Bank of Ionia in 1864, Independent Bank Corporation operates a branch network across Michigan’s Lower Peninsula through one state-chartered bank subsidiary. This subsidiary (Independent Bank) provides a full range of financial services, including commercial banking, mortgage lending, investments and title services. Independent Bank Corporation is committed to providing exceptional personal service and value to its customers, stockholders and the communities it serves.
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