Kalamazoo, MI – May 9, 2024 – First National Bank of Michigan (FNBM) today unveiled its strategic leadership succession plan, designed to ensure the continuation of its legacy of success and commitment to its stakeholders. The plan, effective mid Q2 2024, marks a significant milestone in FNBM’s journey towards sustained growth and excellence.

As part of the succession plan, Chief Operating Officer (COO) Cindy Kole and Chief Credit Officer(CCO) Steve Piper will be transitioning to advisory roles within the Bank. Cindy Kole, whose banking career spans over 49 years, has been instrumental in shaping FNBM during her 7-year tenure as COO. Steve Piper, a stalwart of the Kalamazoo banking community with over 40 years of experience, has served as CCO at FNBM for the past 8 years.

Stepping into the roles vacated by Kole and Piper are Senior Vice President, now Chief Operating Officer Shaunna Padgett and Senior Vice President, now Chief Credit Officer Rick Jackson, respectively. Shaunna Padgett brings a wealth of knowledge and expertise to her new role as COO, having been an integral part of FNBM’s leadership team working with Kole for the past several years. Rick Jackson, boasting over 25 years of industry experience, joined FNBM in 2017 and has been collaborating closely with Steve Piper for the past 6 months to ensure a seamless transition.

President & CEO Daniel Bitzer expressed gratitude to Cindy and Steve for their outstanding leadership and contributions, stating, “On behalf of the FNBM Board of Directors, I would like to sincerely thank Cindy and Steve for their remarkable leadership and contributions that have helped drive FNBM’s success throughout their tenure at the Bank.”

Bitzer continued, “We are energized by the experience and expertise Rick and Shaunna bring to these roles and are confident in their ability to uphold FNBM’s commitment to its employees, clients, communities, and shareholders.”

The leadership succession plan underscores FNBM’s commitment to fostering talent from within its ranks and ensuring a smooth transition of responsibilities. With a strong foundation laid by its founders, FNBM remains steadfast in its mission to deliver exceptional service and value to its stakeholders.

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