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Last updated: 2 August 2024 at 8:42am EST

Douglas Padnos Net Worth



Douglas Padnos biography

Douglas B. Padnos is an Independent Director of Macatawa Bank Corp. Mr. Padnos has been a director of the Company since 2009 and a director of the Bank since 2007. Mr. Padnos has been a leader in our business community for many years. After 12 years in sales and sales management in the residential and contract furniture industry, he joined his family business, Padnos, a recycling company, where he has served as Executive Manager of the Paper and Plastics division since 1989 and now serves as Executive Vice President. He has also served as President of the Holland Area Arts Council, VP and Trustee of the Grand Rapids Art Museum and has supported other not–for-profit organizations including the Boys & Girls Club and Hospice of Holland. Mr. Padnos is a 1977 graduate of the University of Michigan. In nominating Mr. Padnos, the Governance Committee considered as important factors his extensive business experience, his familiarity with the markets in which we operate, his familiarity with and ability to understand financial statements, and his extensive work for not-for-profit organizations.

What is the salary of Douglas Padnos?

As the Independent Director of Macatawa Bank, the total compensation of Douglas Padnos at Macatawa Bank is $56,890. There are 10 executives at Macatawa Bank getting paid more, with Ronald Haan having the highest compensation of $583,521.



How old is Douglas Padnos?

Douglas Padnos is 65, he's been the Independent Director of Macatawa Bank since 2009. There are 5 older and 9 younger executives at Macatawa Bank. The oldest executive at Macatawa Bank Corp. is Robert Herr, 74, who is the Independent Director.

What's Douglas Padnos's mailing address?

Douglas's mailing address filed with the SEC is 10753 MACATAWA DRIVE, , HOLLAND, MI, 49424.

Insiders trading at Macatawa Bank

Over the last 24 years, insiders at Macatawa Bank have traded over $1,976,325 worth of Macatawa Bank stock and bought 485,893 units worth $3,529,436 . The most active insiders traders include Bay Capital, Lllp White, John F Koetje oraz Benj A Iii Smith. On average, Macatawa Bank executives and independent directors trade stock every 72 days with the average trade being worth of $114,381. The most recent stock trade was executed by Thomas P Rosenbach on 24 May 2022, trading 4,682 units of MCBC stock currently worth $41,202.



What does Macatawa Bank do?

macatawa bank is a true community bank. we are committed to helping our customers grow and prosper financially. our clients enjoy best in class financial products, extraordinary service and fair prices. readers of grand rapids magazine and holland sentinel voted us #1 bank in west michigan again. we are committed to the communities in which we live and work. in addition to the bank participating in hundreds of community events our employees volunteer thousands of hours of service to make a difference in their communities during the year. many of our employees are active on local boards and provide their financial and leadership expertise to help and support many local non-profit organizations. macatawa bank is a great place to bank and work! check out career opportunities at www.macatawabank.com/careers macatawa bank is an equal opportunity employer and does not discriminate on the basis of age, gender, race, religion, color, national origin, marital status, genetic information, height



What does Macatawa Bank's logo look like?

Macatawa Bank Corp. logo

Macatawa Bank executives and stock owners

Macatawa Bank executives and other stock owners filed with the SEC include: