David Kemper will step down as CEO of Commerce Bancshares Inc. on Aug. 1, after 30 years in the role, but will stay on as chairman.
Kemper, 67, has been with the bank since 1978, becoming CEO in 1988. He will be replaced as CEO by his son, John Kemper, 40, who is president and COO.
John Kemper has been with the bank (Nasdaq: CBSH) since 2007, becoming president and COO in 2013. He has 15 years of experience in financial services. He earned history and political science degrees from Stanford University,…
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