ChoiceOne Financial Services in Sparta, Mich., has promoted its president, Kelly Potes, to chief executive.
The $555 million-asset ChoiceOne said in a regulatory filing Monday that Potes will become CEO on June 1, when James Bosserd retires. He will continue to serve as president, a position he has held since June, when the company split the roles of CEO and president.
Before his promotion to president, the 54-year-old Potes had been general manager of ChoiceOne Insurance Agencies since 2001.
Bosserd, 66, had been ChoiceOne's CEO since 2001. He previously worked for Huntington National Bank and is a former director of the Michigan Bankers Association. After his retirement, Bosserd will remain a director of the holding company and the bank.