In the wake of R. Crosby Kemper Jr.’s death, there has been some executive shuffling at UMB Financial Corp.
Kemper was UMB’s largest individual shareholder, and the fate of those shares plays a huge role in the company’s future. A Jan. 31 filing with the Securities and Exchange Commission showed that Kemper named son Mariner Kemper, UMB Financial’s chairman and CEO, as the holder of voting rights to 5,244,964 shares — the equivalent of 11.6 percent of the shares outstanding.
“That’s…
In the wake of R. Crosby Kemper Jr.’s death, there has been some executive shuffling at UMB Financial Corp.
Kemper was UMB’s largest individual shareholder, and the fate of those shares plays a huge role in the company’s future. A Jan. 31 filing with the Securities and Exchange Commission showed that Kemper named son Mariner Kemper, UMB Financial’s chairman and CEO, as the holder of voting rights to 5,244,964 shares — the equivalent of 11.6 percent of the shares outstanding.
“That’s…