Nicolet in Wisconsin promotes insider as new CEO

Nicolet Bankshares is Green Bay, Wis., has a new CEO.

The $4.6 billion-asset company said in a press release Monday that Mike Daniels had also become its president. Daniels succeeded Bob Atwell, who will remain the company’s chairman.

Daniels has been president and CEO of Nicolet National Bank since 2015.

“I have never been more optimistic about the future of Nicolet,” Atwell said in the release.

“The day-to-day roles of our partnership have been evolving since we started the company,” Atwell added. Daniels “has led most areas of the bank for several years, including the primary role of integrating our acquisitions. He has continued to build an outstanding leadership team that is propelling the bank forward.”

Nicolet agreed earlier this month to buy Mackinac Financial in Manistique, Mich., for $248 million in cash and stock. The deal is expected to close in the third quarter.

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