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EX-99.1 - HAGEDORN WENDEL PRESS RELEASE - UMB FINANCIAL CORP | rrd255815_30192.htm |
MO
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43-0903811
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(State or other jurisdiction of
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(IRS Employer
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incorporation)
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Identification No.)
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[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
On October 29, 2009, the Company also announced the promotion of Clyde Wendel, President of Asset Management and a named executive officer of the Company, to the position of President and Chief Executive Officer of Personal Financial Services effective November 1, 2009. In his new position, Mr. Wendel will manage all areas of Personal Wealth Management, Consumer Banking, and Corporate Trust for the Company. Mr. Wendel received a grant of 8,335 shares of service based restricted stock in conjunction with this promotion. The restricted shares will vest in full on October 29, 2012. These shares were issued under the 2005 UMB Financial Corporation Long Term Incentive Compensation Plan, as amended, and are subject to all terms of such plan. A copy of the plan was filed with the Company's Proxy Statement filed with the Securities and Exchange Commission on March 17, 2008.
A copy of the press release announcing the promotions of Mr. Hagedorn and Mr. Wendel is attached as Exhibit 99.1
UMB FINANCIAL CORP
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Date: October 30, 2009
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By:
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/s/ Michael D. Hagedorn
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Michael D. Hagedorn
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Vice Chairman, CFO and CAO
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Exhibit No.
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Description
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EX-99.1
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Hagedorn Wendel Press Release
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