R. Crosby Kemper 3d has resigned as the chairman and chief executive of UMB Financial Corp. in Kansas City, Mo.
The $8 billion-asset company also said late Wednesday that Mr. Kemper, 53, had also stepped down as the chairman and CEO of its UMB Bank.
UMB did not give a reason for the resignation. The Business Journal of Kansas City quoted Mr. Kemper as saying it was “a personal decision” and that there were “some exciting things that I want to do with my life.” He did not elaborate on his plans.
Mr. Kemper had been with UMB from 1971 to 1981 and rejoined it in 1991. He had been the chairman and CEO since 2000.
He was succeeded by J. Mariner Kemper, his younger brother, who had been the chairman of UMB Bank Colorado. UMB also announced that Peter deSilva, its president and chief operating officer, would assume additional duties as the chairman and CEO of the bank.
