---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-027733"
form_type: "8-K"
ticker: "MBWM"
cik: "0001042729"
company_name: "MERCANTILE BANK CORP"
filed_at: "2022-11-18T23:59:59+00:00"
generated_at: "2026-06-21T15:35:46.699374+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Mercantile Bank promotes Brett Hoover to SVP, HR Director effective Jan 1, 2023

## Summary
- Brett Hoover, age 52, promoted from Bank's HR Director to same role at holding company effective 1/1/2023.
- Amended employment agreement includes 3-year term with automatic renewal; base salary not less than prior year.
- Death benefit of $100,000; severance of greater of remaining salary or $250,000 plus 18 months benefits on termination without cause.
- Non-compete covenant for 18 months post-termination; change-in-control agreement provides $250,000 lump sum if terminated within 24 months after change.
- Mr. Hoover has been with the Bank over 15 years; no family relationships or material related-party transactions.

## SEC filing metadata
- accession: 0001437749-22-027733
- form_type: 8-K
- ticker: MBWM
- cik: 0001042729
- company_name: MERCANTILE BANK CORP
- filed_at: 2022-11-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1042729/000143774922027733/0001437749-22-027733-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1042729/000143774922027733/mbwm20221117_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-027733
- JSON: https://secwatch.observer/filing/0001437749-22-027733.json
- Plain text: https://secwatch.observer/filing/0001437749-22-027733.txt

## Key facts
- Executive change
  Brett Hoover changed role as Senior Vice President, Human Resources Director at MERCANTILE BANK CORP.
  - Action: promoted
  - Role: Senior Vice President, Human Resources Director
  source text: On November 17, 2022, the board of directors of Mercantile Bank Corporation (the “Company”) promoted Brett Hoover to the role of Senior Vice President, Human Resources Director of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1042729/000143774922027733/0001437749-22-027733-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.