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Chemical Financial Corporation (CHFC)

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46.52+0.07 (+0.15%)
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Chemical Financial Corporation

235 East Main Street
Midland, MI 48640
United States

IndustryRegional - Midwest Banks
Full Time Employees3,273

Key Executives

Mr. David B. RamakerCEO, Pres & Director3.32MN/A61
Mr. Dennis L. KlaeserCFO, Exec. VP, Treasurer, CFO of Chemical Bank, Exec. VP of Chemical Bank195.09kN/A59
Ms. Lori A. GwizdalaExec. VP of Special Projects - Chemical Bank631.31k358.46k58
Mr. Leonardo A. AmatCOO of Bus. Operations for Chemical Bank and Exec. VP of Chemical Bank577.31kN/A48
Mr. Robert S. RathbunCOO of Customer Experience for Chemical Bank and Exec. VP of Chemical Bank576.67k29.86k53
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.


Chemical Financial Corporation operates as a financial holding company of Chemical Bank that offers banking and fiduciary products and services to residents and business customers in Michigan. Its products and services include business and personal checking accounts, savings and individual retirement accounts, time deposit instruments, electronically accessed banking products, residential and commercial real estate financing, commercial lending, consumer financing, debit cards, safe deposit box services, money transfer services, automated teller machines, access to insurance and investment products, corporate and personal wealth management services, and mortgage banking and other banking services. The company also offers mutual funds, annuity products, and market securities; trust, investment management, and custodial services; financial and estate planning; and retirement and employee benefit programs. As of December 31, 2016, it operated through 249 banking offices, 8 loan production offices, and approximately 272 automated teller machines. Chemical Financial Corporation was founded in 1973 and is headquartered in Midland, Michigan.

Corporate Governance

Chemical Financial Corporation’s ISS Governance QualityScore as of June 2, 2017 is 1. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 1; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.