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Mercantile Bank director to retire; Broadridge appoints incoming CEO to board

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Mercantile Bank director to retire; Broadridge appoints incoming CEO to board

S&P Global Market Intelligence presents a daily roundup of management and board changes in the financial services and bank and thrift industries. This feature excludes C-level leadership changes and stories previously covered by S&P Global Market Intelligence.

Banking

Beloit, Wis.-based Centre 1 Bancorp Inc. elected William Ring to the board.

Ring is president and CEO of Dalco Metals Inc.

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Thomas Sullivan is set to retire as a director of Grand rapids, Mich.-based Mercantile Bank Corp. and subsidiary Mercantile Bank of Michigan, effective Jan. 1, 2019.

Sullivan was president and CEO of Firstbank Corp., which merged with Mercantile Bank in 2014, S&P Global Market Intelligence records show.

Financial services

Richard Haviland has retired from the board of Broadridge Financial Solutions Inc.

Haviland held various positions at Automatic Data Processing Inc. He was CFO when he left Automatic Data in 2001, according to S&P Global Market Intelligence.

Broadridge Financial appointed President and COO Timothy Gokey, 57, to fill the board vacancy created by Haviland's retirement.

Gokey's appointment will take effect Jan. 2, 2019, when he will also assume the CEO post at the company.

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General American Investors Co. Inc. promoted Anang Majmudar to senior vice president and Samantha Jin to treasurer and principal accounting officer, effective Jan. 1, 2019.