As part of Independent Bank Corporation’s senior management succession plan, Brad Kessel assumed the role of President of the Company, effective as of April 1, 2011, and Mike Magee Jr. is continuing to serve as the Company's CEO until his retirement at the end of 2012. As part of the transition plan, Mr. Magee will assume the role of Board Chairman as of the date of this year's Annual Meeting of Shareholders.

Mr. Kessel has over 17 years of experience with IBC in a variety of roles. "The breadth of Brad's experience with IBC makes him uniquely situated to succeed as President of our Company. The transition plan will allow Mike to counsel and advise Brad through the expansion of his leadership responsibilities," said Board Chairman Jeff Bratsburg.

Mr. Magee commented, "I am pleased that the Board has recognized Brad's leadership skills and that it has initiated this plan at a time when we believe we are strengthening our asset base and earnings potential. I look forward to working closely with Brad and the management team during this time." In addition to his duties and responsibilities during the transition period, Mr. Magee has agreed to provide consulting services to senior management for the two-year period following his retirement.

William Bradford Kessel age 46, was appointed Executive Vice President Chief Operations Officer of Independent Bank in September 2007 in conjunction with the consolidation of IBC's four bank subsidiaries. He joined Independent Bank Corporation in 1994 as Vice President of Finance. In 1996 he was appointed Senior Vice President of Branch Administration for Independent Bank, a position he held until being named as President and CEO of Independent Bank in 2004 (prior to the consolidation of its four bank subsidiaries). Mr. Kessel received his undergraduate degree from Miami University (Ohio) and his MBA from Grand Valley State University. Mr. Kessel is also a graduate of the Stonier Graduate School of Banking.

Mr. Kessel stated, “I am honored and very appreciative of the Board’s confidence in me. I am excited about the opportunity to lead our experienced and talented employee base in serving the customers of Independent Bank and recognize the challenges that lie ahead in our collective efforts to improve the value of our shareholders' investment in our Company."