COFS · Choiceone Financial Services Inc · Executive Compensation
$33.27
+0.25 (+0.76%)
At close · Oct 9
Return incl. dividend (before tax)
Market Cap
$494.80M
Shares
14.96M
Volume · Oct 8
109.69K
Avg daily vol (3M)
80.54K
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Kelly J. Potes | Chief Executive Officer of ChoiceOne and ChoiceOne Bank | $660,549 |
| Michael J. Burke | President of ChoiceOne and ChoiceOne Bank | $522,823 |
| Bradley A. Henion | Senior Vice President & Chief Lending Officer of ChoiceOne Bank | $312,869 |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Kelly J. Potes | Chief Executive Officer of ChoiceOne and ChoiceOne Bank | $550,543 |
| Michael J. Burke | President of ChoiceOne and ChoiceOne Bank | $450,997 |
| Bradley A. Henion | Senior Vice President & Chief Lending Officer of ChoiceOne Bank | $260,369 |
Fiscal 2019
| Executive | Role | Total |
|---|---|---|
| Michael J. Burke | President of ChoiceOne and President & Chief Executive Officer of Lakestone Bank & Trust | $386,116 |
| Bradley A. Henion | Vice President of ChoiceOne and Senior Vice President & Chief Lending Officer of ChoiceOne Bank | $210,632 |
Fiscal 2018
| Executive | Role | Total |
|---|---|---|
| Kelly J. Potes | Chief Executive Officer of ChoiceOne and President & Chief Executive Officer of ChoiceOne Bank | $347,610 |
| Bradley A. Henion | Vice President of ChoiceOne and Senior Vice President & Chief Lending Officer of ChoiceOne Bank | $203,042 |
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Jack Hendon | director | Retired | 2025-06-27 |
| Steven T. Krause | director | Appointed | 2025-06-27 |
| Roxanne M. Page | Vice Chairwoman | Appointed | 2025-05-21 |
| Jack G. Hendon | Chairman | Retired | 2025-05-21 |
| Randy Hicks, M.D. | director | Appointed | 2025-03-03 |
| Brian Petty | director | Appointed | 2025-03-03 |
| David J. Churchill | Board of Directors | Retired | 2023-10-23 |
| Nels W. Nyblad | Board of Directors | Resigned | 2023-06-30 |
| Michelle M. Wendling | Board of Directors of ChoiceOne Financial Services, Inc. | Appointed | 2022-09-22 |
| Patrick A. Cronin | Board of Directors of ChoiceOne Financial Services, Inc. | Retired | 2022-09-22 |
| Bruce John Essex, Jr. | Board of Directors | Appointed | 2022-07-05 |
| David H. Bush | Board of Directors | Retired | 2022-07-05 |