Raymond E. Reitsma

Raymond E. Reitsma

President and Chief Executive Officer of Mercantile andatMercantile Bank· In proxies 2021–2025

Pay in FY2025+50% from the year before · Mercantile Bank stock +8.1% the same year

Raymond E. Reitsma was paid $1.8M in FY2025 (Dec), up 50%. Mercantile Bank stock rose 8.1% that year.

Pay$100 in the stock at the end of FY20 → $191
Pay is from the Summary Compensation Table of each Mercantile Bank proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Experience

  1. Mercantile BankPublic company · 5 yr
    • President and Chief Executive Officer of Mercantile and2021 – Present · 5 yrStock in role +138%
  2. Bethany Christian ServicesPublic company
    • Director? – PresentNo stock prices for these years
  3. IKUS Life Enrichment ServicesPublic company
    • Director? – PresentNo stock prices for these years
  4. Michigan Bankers Workers Compensation FundPublic company
    • Director? – PresentNo stock prices for these years
  5. Mission FieldPublic company
    • Director? – PresentNo stock prices for these years

Roles come from the proxy statements of each company.

Boards1

  • Mercantile BankDirector · 2 yr on the boardNot independent—Paid as an executive

Board seats come from each company's latest proxy statement.

Activity

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