The estimated Net Worth of Randolph Clare Paschke is at least $688 Mille dollars as of 8 November 2012. Mr. Paschke owns over 547 units of Mackinac stock worth over $639,711 and over the last 19 years he sold MFNC stock worth over $0. In addition, he makes $48,650 as Independent Director at Mackinac.
Randolph has made over 14 trades of the Mackinac stock since 2007, according to the Form 4 filled with the SEC. Most recently he bought 547 units of MFNC stock worth $3,966 on 8 November 2012.
The largest trade he's ever made was buying 5,042 units of Mackinac stock on 9 August 2012 worth over $28,992. On average, Randolph trades about 696 units every 96 days since 2005. As of 8 November 2012 he still owns at least 29,754 units of Mackinac stock.
You can see the complete history of Mr. Paschke stock trades at the bottom of the page.
Randolph Clare Paschke serves as Independent Director of the Company. From 2016 to 2019, Executive-in-Residence, Mike Ilitch School of Business, Wayne State University; from August 2012 to 2016, Director of External Relations and Community Engagement, Mike Ilitch School of Business, Wayne State University; from August 2002 to 2012, Chair, Department of Accounting and Interim Chair of The Department of Finance (2009-2010), Mike Ilitch School of Business, Wayne State University. Mr. Paschke's qualifications to serve as a director include 32 years of service for an international accounting firm, 20 years as a partner with 16 years as a practice managing partner, his experience as a licensed CPA since 1972, along with his years of service as a chair of the accounting department at Wayne State University.
As the Independent Director of Mackinac, the total compensation of Randolph Paschke at Mackinac is $48,650. There are 4 executives at Mackinac getting paid more, with Kelly George having the highest compensation of $823,812.
Randolph Paschke is 70, he's been the Independent Director of Mackinac since 2004. There are 2 older and 8 younger executives at Mackinac. The oldest executive at Mackinac Financial Corp. is Walter Aspatore, 77, who is the Lead Independent Director.
Randolph's mailing address filed with the SEC is Academic/Administrative Bldg, 5700 Cass Ave, Detroit, MI 48202, USA.
Over the last 25 years, insiders at Mackinac have traded over $483,703 worth of Mackinac stock and bought 336,837 units worth $2,541,054 . The most active insiders traders include Paul Davison Tobias, David Russ Steinhardt Capit... e Walter J Aspatore. On average, Mackinac executives and independent directors trade stock every 77 days with the average trade being worth of $91,719. The most recent stock trade was executed by Paul Davison Tobias on 17 August 2021, trading 4,394 units of MFNC stock currently worth $91,483.
Mackinac Financial Corporation is a registered bank holding company formed under the Bank Holding Company Act of 1956 with assets in excess of $1.5 billion. The principal subsidiary of the Corporation is mBank. Headquartered in Manistique, Michigan, mBank has 29 branch locations; eleven in the Upper Peninsula, ten in the Northern Lower Peninsula, one in Oakland County, Michigan, and seven in Northern Wisconsin. The Corporation’s banking services include commercial lending and treasury management products and services geared toward small to mid-sized businesses, as well as a full array of personal and business deposit products and consumer loans.
Mackinac executives and other stock owners filed with the SEC include: