UMB Promotes CFO To CEO

UMB headquarters in Kansas City, Mo. | Photo courtesy of Creative Commons
Photo courtesy of Creative Commons

UMB Financial Corp. named its new CEO of UMB Bank: Michael Hagedorn, who who had been CFO of the UMB Financial since March 2005 and will continue to serve as vice chairman of the Kansas City-based bank holding company. Hagedorn assumes the title as CEO of the bank from Mariner Kemper, who remains chairman and CEO of UMB Financial.

Brian Walker, chief accounting officer since 2007, was named as the new CFO of the holding company. UMB also disclosed that Mariner Kemper has assumed voting rights for more than 3.4 million shares of UMB stock after the death of his father, R. Crosby Kemper Jr., on Jan. 2.

Read more from the Kansas City Business Journal

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