Last updated: 7 February 2024 at 2:30pm EST

William Kessel Net Worth




The estimated Net Worth of William B Kessel is at least $5.94 Million dollars as of 26 January 2024. Mr. Kessel owns over 6,689 units of Independent Bank (Ionia, MI) stock worth over $4,642,390 and over the last 20 years he sold IBCP stock worth over $195,773. In addition, he makes $1,101,000 as President, Chief Executive Officer, and Director at Independent Bank (Ionia, MI).

Mr. Kessel IBCP stock SEC Form 4 insiders trading

William has made over 16 trades of the Independent Bank (Ionia, MI) stock since 2004, according to the Form 4 filled with the SEC. Most recently he exercised 6,689 units of IBCP stock worth $218,597 on 26 January 2024.

The largest trade he's ever made was exercising 23,832 units of Independent Bank (Ionia, MI) stock on 28 May 2016 worth over $778,830. On average, William trades about 758 units every 71 days since 2004. As of 26 January 2024 he still owns at least 142,056 units of Independent Bank (Ionia, MI) stock.

You can see the complete history of Mr. Kessel stock trades at the bottom of the page.





William Kessel biography

William Bradford Kessel is President, Chief Executive Officer, Director of Independent Bank Corporation. Mr. Kessel serves as President and CEO of IBCP and Independent Bank. He became a director of IBCP on January 1, 2013. Prior to his appointment as CEO as of January 1, 2013, Mr. Kessel served as President since April 1, 2011, and as Chief Operating Officer from 2007 to 2011. He also served as President of Independent Bank (prior to the consolidation of our four bank charters) from 2004 to 2007. Prior to joining IBCP in 1994, Mr. Kessel worked for a regional certified public accounting firm in their financial institutions group. Mr. Kessel has over 30 years of service in the financial services industry. His positions with the Company and those experiences make him a particularly important component of the Board.

What is the salary of William Kessel?

As the President, Chief Executive Officer, and Director of Independent Bank (Ionia, MI), the total compensation of William Kessel at Independent Bank (Ionia, MI) is $1,101,000. There are no executives at Independent Bank (Ionia, MI) getting paid more.



How old is William Kessel?

William Kessel is 55, he's been the President, Chief Executive Officer, and Director of Independent Bank (Ionia, MI) since 2013. There are 16 older and 6 younger executives at Independent Bank (Ionia, MI). The oldest executive at Independent Bank Corporation (Ionia, MI) is Laurinda M. Neve, 69, who is the Sr. VP of HR.

What's William Kessel's mailing address?

William's mailing address filed with the SEC is , 4200 E BELTLINE, GRAND RAPIDS, MI, 49525.

Insiders trading at Independent Bank (Ionia, MI)

Over the last 22 years, insiders at Independent Bank (Ionia, MI) have traded over $10,728,475 worth of Independent Bank (Ionia, MI) stock and bought 168,264 units worth $1,829,469 . The most active insiders traders include Stephen L Jr Gulis, Loan Charles C Van, and Matthew J Missad. On average, Independent Bank (Ionia, MI) executives and independent directors trade stock every 27 days with the average trade being worth of $137,583. The most recent stock trade was executed by Stefanie M Kimball on 3 September 2024, trading 1,000 units of IBCP stock currently worth $34,220.



What does Independent Bank (Ionia, MI) do?

independent bank is a michigan-based bank that's been operated locally for more than 150 years. in 1864 we were founded as first national bank of ionia; we now have locations across the lower peninsula and we’re the fifth largest bank headquartered in michigan. but in one way we’ve never changed – people are always our first priority. we’re committed to providing exceptional service and value to our customers, our stockholders, and our communities. after 150 years of local banking, we understand the needs of individuals, families, and businesses around the state – and we’re committed to addressing them. we support local causes and our employees serve their communities’ human services agencies, arts and cultural organizations, school systems, places of worship, and more. we’re your friends and neighbors, locally invested the same way you are. we’re a full-service bank that provides a wide range of competitive banking products, services, and technology. visit us at independentbank.com fo



Complete history of Mr. Kessel stock trades at Independent Bank (Ionia, MI)

Insider
Trans.
Transaction
Total value
William B Kessel
President and CEO
Option $172,844
26 Jan 2024
William B Kessel
President and CEO
Option $129,038
21 Jan 2023
William B Kessel
President and CEO
Option $108,847
22 Jan 2022
William B Kessel
President and CEO
Option $101,898
23 Jan 2021
William B Kessel
President and CEO
Buy $3,000
12 Mar 2020
William B Kessel
President and CEO
Option $122,555
24 Jan 2020
William B Kessel
President and CEO
Option $29,002
4 Jun 2018
William B Kessel
President and CEO
Sale $67,260
1 May 2017
William B Kessel
President and CEO
Option $357,242
28 May 2016
William B Kessel
President and CEO
Sale $21,945
15 Mar 2016
William B Kessel
President and CEO
Sale $21,945
15 Mar 2016
William B Kessel
President and CEO
Sale $70,750
16 Sep 2015
William B Kessel
President and CEO
Buy $4,999
28 Aug 2013
William B Kessel
President and CEO
Option $60,297
28 Nov 2005
William B Kessel
President and CEO
Option $37,346
23 Feb 2005
William B Kessel
President and CEO
Sale $13,873
18 May 2004


Independent Bank (Ionia, MI) executives and stock owners

Independent Bank (Ionia, MI) executives and other stock owners filed with the SEC include: