Michael R. Tuttle

Michael R. Tuttle is President, Chief Executive Officer and Director of Merchants Bancshares, Inc., and Merchants Bank. Mr. Tuttle served as Merchants Bank’s Executive Vice President and Chief Operating Officer from 1997 until his current appointment as President, CEO and Director of Merchants Bank, effective Jan. 1, 2006. Mr. Tuttle was appointed President and CEO of Merchants Bancshares, Inc., effective Jan. 1, 2007. Mr. Tuttle is the only Director on the board who is also an officer of Merchants Bancshares, Inc. In addition, Mr. Tuttle serves on the boards of FairPoint Communications, Inc., the United Way of Chittenden County and the Flynn Center for the Performing Arts.