Tom McDonnell has retired as chief executive of Kansas City-based DST Systems Inc., the company announced Wednesday.
McDonnell has served as a civic leader and champion of downtown in his post at the company where he has worked since 1969. He will remain as chairman of DST Systems’ board of directors through the end of the year.
“Tom has been one of the great business and civic leaders this city has seen,” said Michael Haverty, executive chairman of Kansas City Southern. “He’s done an outstanding job for many years.”