UMB FINANCIAL CORPORATION (NASDAQ:UMBF) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On February 1, 2019, Director Dylan E. Taylor provided notice to UMB Financial Corporation (the “Company”) of his decision to not stand for reelection at the Company’s 2019 Annual Shareholder’s Meeting (the “Annual Meeting”).Mr. Taylor was recently named Global CEO of a multi-national real estate services firm and has decided that he will not be able to devote sufficient attention to the Company’s board of directors due to multiple scheduling conflicts.Mr. Taylor has indicated that his decision is not tied to any disagreement with the Company, or management of the Company.Mr. Taylor will complete his term and will remain on the Company’s Board of Directors until the election of directors at the Company’s 2019 Annual Shareholder Meeting.
About UMB FINANCIAL CORPORATION (NASDAQ:UMBF)
UMB Financial Corporation is a diversified financial holding company. The Company supplies banking services, institutional investment management, asset servicing and payment solutions to its customers in the United States and around the globe. The Company’s segments include Bank, which provides a range of banking services to commercial, retail, government and correspondent bank customers through the Company’s branches, call center, Internet banking and automated teller machine network; Payment Solutions, which provides consumer and commercial credit and debit card, prepaid debit card solutions, healthcare services and institutional cash management; Institutional Investment Management, which provides equity and fixed income investment strategies in the intermediary and institutional markets, and Asset Servicing, which provides services to the asset management industry, supporting a range of investment products, including mutual funds, alternative investments and managed accounts.