R. Crobsy Kemper Jr. practiced what UMB Financial Corp. preached when it came to estate planning, so his death shouldn't create concerns about a change in control at the bank.
Kemper was the largest single shareholder in UMB Financial (Nasdaq: UMBF), controlling more than 5.1 million shares of UMB Financial's common stock, or 12.79 percent of the stock as of March 1. Of those shares, he directly owned 3.43 million shares. His wife Mary Kemper owned 13,058 shares. Kemper also controlled 290,397 shares…
R. Crobsy Kemper Jr. practiced what UMB Financial Corp. preached when it came to estate planning, so his death shouldn't create concerns about a change in control at the bank.
Kemper was the largest single shareholder in UMB Financial (Nasdaq: UMBF), controlling more than 5.1 million shares of UMB Financial's common stock, or 12.79 percent of the stock as of March 1. Of those shares, he directly owned 3.43 million shares. His wife Mary Kemper owned 13,058 shares. Kemper also controlled 290,397 shares…