Richard L. Postma
Chairman at MACATAWA BANK CORPORATION
Net worth: 22 M $ as of 30/04/2024
Profile
Richard L.
Postma was the founder and had founded US Signal Co. LLC in 2001, where he held the title of Chairman & Chief Executive Officer from 2012 to 2023.
Currently, Mr. Postma holds multiple positions.
He is the Chairman of Macatawa Bank Corp.
since 2010, Chairman of US Xchange Directories LLC, Chairman of P&V Capital Holdings LLC, Chairman of RVP Development Corp., Chairman of TurnKey Network Solutions, Inc., Chairman of The Littlefield Group, Inc. since 2010, Director of Macatawa Bank since 2013, Trustee of Hope College, and Secretary & Treasurer of RT London, Inc.Mr. Postma has also held former positions.
He was the Co-Chairman & Chief Executive Officer of US Xchange, Inc., Director of AboveNet, Inc. from 2003 to 2011, Director of ChoiceOne Communications, Inc., and General Counsel of Digital Signal Corp., Teledial America, Inc., City Signal, Inc., and Teledial America of North Carolina, Inc. from 1983 to 1996.
In terms of education, Mr. Postma attended Calvin University for his undergraduate degree and the University of Michigan for both his undergraduate and graduate degrees.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
| 31/12/2022 | 1,559,639 ( 4.54% ) | 22 M $ | 30/04/2024 |
Richard L. Postma active positions
| Companies | Position | Start |
|---|---|---|
| MACATAWA BANK CORPORATION | Chairman | 05/07/2010 |
| The Littlefield Group, Inc. | Chairman | 09/12/2010 |
| P&V Capital Holdings LLC | Chairman | 05/07/2010 |
RT London, Inc.
 RT London, Inc. Office Equipment/SuppliesProducer Manufacturing RT London, Inc. designs and manufactures room seating and lounge solutions, and tables. The company was founded in 1989 and is headquartered in Grand Rapids, MI. | Corporate Secretary | - |
TurnKey Network Solutions, Inc.
 TurnKey Network Solutions, Inc. Specialty TelecommunicationsCommunications TurnKey Network Solutions, Inc. operates as telecommunications contractor which focuses on infrastructure solutions. It offers line of services from Outside Plant (OSP) engineering, construction, and maintenance to Central Office (CO) design, installation and equipment test/turn up. The firm’s professional services include system engineering, network, grooming/switch decommission and equipment provisioning and turn-up. The company was founded in 2000 and is headquartered in Caledonia, MI. | Chairman | 05/07/2010 |
Macatawa Bank
 Macatawa Bank Regional BanksFinance Part of Macatawa Bank Corp., Macatawa Bank is a state chartered commercial bank. The company is based in Holland, MI. Ronald L. Haan has been the CEO of the company since 2005. | Director/Board Member | 18/12/2013 |
US Xchange Directories LLC
 US Xchange Directories LLC Commercial Printing/FormsCommercial Services Part of BT Group Plc, US Xchange Directories LLC publishes yellow page directories. The company is based in Milwaukee, WI. US Xchange Directories was acquired by Yellow Book USA, Inc. on February 02, 2005 for $53 million. | Chairman | - |
| RVP Development Corp. | Chairman | - |
| Hope College | Director/Board Member | 05/07/2010 |
Former positions of Richard L. Postma
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Training of Richard L. Postma
| Calvin University | Undergraduate Degree |
| University of Michigan | Graduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 1 |
|---|---|
| MACATAWA BANK CORPORATION | Finance |
| Private companies | 15 |
|---|---|
AboveNet, Inc.
 AboveNet, Inc. Major TelecommunicationsCommunications AboveNet, Inc. provides high bandwidth connectivity solutions for business and carriers. It also provides lit broadband services over its metro networks, long haul network and global IP network. The company's services include high-bandwidth fiber-optic connectivity solutions primarily to corporate enterprise clients and communication carriers, including Fortune list of companies and governmental entities. AboveNet's communications infrastructure and global Internet protocol network are used by companies, such as commercial banks, brokerage houses, insurance companies, investment banks, media companies, social networking companies, web-centric companies, law firms and medical and health care institutions. The company was founded on April 8, 1993 and is headquartered in White Plains, NY. | Communications |
| RVP Development Corp. | |
ChoiceOne Communications, Inc.
 ChoiceOne Communications, Inc. Specialty TelecommunicationsCommunications Choice One Communications Inc. is one of the integrated communications providers offering voice and data services including internet solutions, to businesses in across Northeast and Midwest states United States. Choice One offers DSL (Digital Subscriber Line) service directly to its enterprise customers and through wholesale arrangements to other carriers. The company is headquartered in Rochester, NY | Communications |
Teledial America, Inc.
 Teledial America, Inc. Specialty TelecommunicationsCommunications Teledial America, Inc. provides network solutions. The private company is based in Grand Rapids, MI and has subsidiaries in the United States. | Communications |
Teledial America of North Carolina, Inc.
 Teledial America of North Carolina, Inc. Specialty TelecommunicationsCommunications Part of Lumen Technologies, Inc. (Louisiana), Teledial America of North Carolina, Inc. is a long distance phone service company. The company is based in Charlotte, NC. The company was founded by Nicholas L. Kottyan. Teledial America of North Carolina was acquired by LCI International, Inc. on December 07, 1993 for $5.50 million. | Communications |
Digital Signal Corp.
 Digital Signal Corp. Packaged SoftwareTechnology Services Digital Signal Corp. provides three-dimensional long-range facial recognition solutions. It offers enterprise biometric solutions and customized applications to suit customer needs. The company was founded by Richard L. Sebastian and Edward A. Hart in 2001 and is headquartered in Chantilly, VA. | Technology Services |
City Signal, Inc.
 City Signal, Inc. Specialty TelecommunicationsCommunications Part of Verizon Communications, Inc., City Signal, Inc. is a company that provides local telecommunications services. The company is based in Grand Rapids, MI. City Signal was acquired by Brooks Fiber Properties, Inc. on January 31, 1996. | Communications |
US Xchange Directories LLC
US Xchange Directories LLC Commercial Printing/FormsCommercial Services Part of BT Group Plc, US Xchange Directories LLC publishes yellow page directories. The company is based in Milwaukee, WI. US Xchange Directories was acquired by Yellow Book USA, Inc. on February 02, 2005 for $53 million. | Commercial Services |
| The Littlefield Group, Inc. | |
Macatawa Bank
Macatawa Bank Regional BanksFinance Part of Macatawa Bank Corp., Macatawa Bank is a state chartered commercial bank. The company is based in Holland, MI. Ronald L. Haan has been the CEO of the company since 2005. | Finance |
US Signal Co. LLC
 US Signal Co. LLC Information Technology ServicesTechnology Services US Signal Co. LLC provides telecommunications services to institutional, enterprise, and wholesale customers. It provides unlimited broadband capacity, Internet access and dark fiber capacity, and collocation services. The firm offers fiber optic networking, cloud computing, and managed services. The company was founded by Richard L. Postma in 2000 is headquartered in Grand Rapids, MI. | Technology Services |
TurnKey Network Solutions, Inc.
TurnKey Network Solutions, Inc. Specialty TelecommunicationsCommunications TurnKey Network Solutions, Inc. operates as telecommunications contractor which focuses on infrastructure solutions. It offers line of services from Outside Plant (OSP) engineering, construction, and maintenance to Central Office (CO) design, installation and equipment test/turn up. The firm’s professional services include system engineering, network, grooming/switch decommission and equipment provisioning and turn-up. The company was founded in 2000 and is headquartered in Caledonia, MI. | Communications |
RT London, Inc.
RT London, Inc. Office Equipment/SuppliesProducer Manufacturing RT London, Inc. designs and manufactures room seating and lounge solutions, and tables. The company was founded in 1989 and is headquartered in Grand Rapids, MI. | Producer Manufacturing |
| P&V Capital Holdings LLC | |
US Xchange, Inc.
 US Xchange, Inc. Specialty TelecommunicationsCommunications Part of Windstream Holdings II LLC, US Xchange, Inc. is a competitive local exchange carrier. The company is based in Grand Rapids, MI. US Xchange was acquired by ChoiceOne Communications, Inc. on August 01, 2000 for $493.41 million. | Communications |
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