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MCBC > SEC Filings for MCBC > Form 8-K on 3-Nov-2009All Recent SEC Filings

Show all filings for MACATAWA BANK CORP | Request a Trial to NEW EDGAR Online Pro

Form 8-K for MACATAWA BANK CORP


3-Nov-2009

Change in Directors or Principal Officers, Amendments to Articles of Inc. or B


Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective October 29, 2009, Mr. Richard L. Postma has been appointed to the Board of Directors of Macatawa Bank Corporation (the "Corporation"). Mr. Postma has also been appointed to the position of Chairman of the Board of Directors in which position he is not an officer of the Corporation. Mr. Postma has not yet been appointed to any committees of the Corporation's Board of Directors.

Mr. Postma is not a party to any transaction, or series of transactions, required to be disclosed pursuant to Item 404(a) of Regulation S-K. There is no arrangement or understanding pursuant to which Mr. Postma was selected as a director.

Mr. Postma will be entitled to receive compensation for his duties consistent with the compensation paid to other directors as described in the Corporation's Proxy Statement for the April 23, 2009 annual meeting.

Mr. Robert DenHerder resigned as Chairman of the Board of Directors and will continue to serve as a director of the Corporation. Mr. DenHerder's resignation from his position as Chairman of the Board of Directors was not due to any disagreement with the Corporation on any matter relating to the Company's operations, policies or practices.



Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

The Corporation amended Section 5.1 of its Bylaws effective October 29, 2009.

As previously in effect, Article V of the Corporation's Bylaws in Section 5.1 stated that the Chairman of the Board was considered to be an officer of the Corporation.

As amended, the Bylaws continue to authorize the Board of Directors to appoint a Chairman from among the members of the Board of Directors, but state that the Chairman of the Board is not an officer or executive officer of the Corporation unless he or she has also been appointed president or chief executive officer or otherwise appointed or designated as an officer of the Corporation by the Board of Directors.



Item 9.01 Financial Statements and Exhibits

Exhibit 3.1 Bylaw Amendment

Exhibit 99.1 Press Release dated November 3, 2009


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