MARQUETTE, Mich.,—After 28 years of exceptional leadership and service, President and CEO Roxanne Daust has announced plans to retire from Range Bank in December 2026 when she will be succeeded by Chief Lending Officer and Community Bank President Jamey Markham.
Daust joined Range Bank in 1997 as chief financial officer, where she was responsible for the finance and operations of the full-service community bank and leader in providing financial solutions to consumers, small businesses and commercial clients. During her tenure, Daust has led significant growth and expansion of the bank, implemented new technologies and played a key role in mergers.
In 2011, Daust was promoted to executive vice president, where she was responsible for the day-to-day operations of the bank and growing assets under management. Daust was promoted to president and chief operating officer in 2017 and took over the additional duties of chairman and CEO duties after Ken Palmer retired in 2018. Daust’s appointment made her the first female chairman, president and CEO in the 138-year history of Range Bank. She will continue in her current role until December 2026.
“It’s been a tremendous honor and privilege to serve as Range Bank’s chairman, president and CEO,”
Daust said. “I am grateful to have worked alongside our incredible team, all of whom care deeply about providing exceptional customer service while creating collegial work environment. I’m proud of all we’ve accomplished together in building strong communities, providing sound financial advice and fostering a strong organizational culture.
“I’m looking forward to my next chapter in retirement and can think of no one better than Jamey Markham to succeed me. Jamey truly lives Range Bank’s values and mission every day, and I am fully confident his remarkable experience and skills combined with his unwavering commitment to our team and our communities will help the bank reach new heights. I look forward to seeing continued success under his leadership.”
Active in the community and the banking industry, Daust currently serves on boards and councils for the American Bankers Association, InvestUP, Operation Action U.P., the Federal Reserve Bank of Minneapolis and Marquette County Ambassadors, among many others. She is the past board chair of the Michigan Bankers Association and past board president of Lake Superior Community Partnership.
Markham began his career at Range Bank in 2002 as the Houghton branch manager, where he helped grow the market to a thriving branch that expanded to a second location. He then went on to become a mortgage loan officer and a commercial loan officer before transitioning to community bank president of the Copper Country in 2017 and chief lending officer in 2020. Markham has been a member of the Asset-Liability Committee for 20 years and serves on the advisory boards of the Green Bay and Dickinson branches.