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News Breaks
December 18, 2012
11:08 EDTIBCPIndependent Bank names William Kessel as CEO, effective January 1, 2013
On December 17, the Board of Directors of Independent Bank authorized the appointment of William (Brad) Kessel to CEO of the company and its wholly-owned subsidiary, Independent Bank, effective as of January 1, 2013. The Board also appointed Kessel to the Board of Directors of the company and the Bank, effective as of the same date. These actions are consistent with the senior management succession plan adopted by the Board in February of 2011. Under that plan, Kessel was appointed to serve as the company's President, effective as of April 1, 2011. As of January 1, 2013, he will serve as CEO and President of the company and the Bank. Magee, the company's current CEO, will continue to serve as a director of the company and the Bank, and, as previously announced, will serve as Executive Chairman of both Boards, effective as of January 1, 2013.
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