Commerce Bancshares appoints Brauer and Chapman to board; Capps and Grant retire
COMMERCE BANCSHARES INC /MO/
Directors John R. Capps (since 2000) and W. Thomas Grant II (since 1983) retired May 13, 2022 due to mandatory retirement age.
Board appointed Blackford F. Brauer and W. Kyle Chapman as independent directors to fill the vacancies until 2023.
Brauer (President of Hunter Engineering) joins Audit and Risk Committee; Chapman (President/Board of Barry-Wehmiller) joins Compensation and Human Resources Committee.
New directors receive standard non-employee director compensation prorated; no related-party transactions requiring disclosure.
Messrs. John R. Capps and W. Thomas Grant, II retired from the Board of Directors effective May 13, 2022, due to the mandatory retirement age as required pursuant to the Bylaws of the Company.
Messrs. John R. Capps and W. Thomas Grant, II retired from the Board of Directors effective May 13, 2022, due to the mandatory retirement age as required pursuant to the Bylaws of the Company.
Effective May 13, 2022, the Board of Directors appointed Messrs. Blackford F. Brauer and W. Kyle Chapman, as independent members of the Board, to fill the vacancies created by the retirements of Messrs. Capps and Grant.
Effective May 13, 2022, the Board of Directors appointed Messrs. Blackford F. Brauer and W. Kyle Chapman, as independent members of the Board, to fill the vacancies created by the retirements of Messrs. Capps and Grant.
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 0.95
John R. Capps retired as Director at COMMERCE BANCSHARES INC /MO/.
Action
retired
Role
Director
Exact text from the filing
Messrs. John R. Capps and W. Thomas Grant, II retired from the Board of Directors effective May 13, 2022, due to the mandatory retirement age as required pursuant to the Bylaws of the Company.
W. Thomas Grant II retired as Director at COMMERCE BANCSHARES INC /MO/.
Action
retired
Role
Director
Exact text from the filing
Messrs. John R. Capps and W. Thomas Grant, II retired from the Board of Directors effective May 13, 2022, due to the mandatory retirement age as required pursuant to the Bylaws of the Company.
Blackford F. Brauer was appointed as Director at COMMERCE BANCSHARES INC /MO/.
Action
appointed
Role
Director
Exact text from the filing
Effective May 13, 2022, the Board of Directors appointed Messrs. Blackford F. Brauer and W. Kyle Chapman, as independent members of the Board, to fill the vacancies created by the retirements of Messrs. Capps and Grant.
W. Kyle Chapman was appointed as Director at COMMERCE BANCSHARES INC /MO/.
Action
appointed
Role
Director
Exact text from the filing
Effective May 13, 2022, the Board of Directors appointed Messrs. Blackford F. Brauer and W. Kyle Chapman, as independent members of the Board, to fill the vacancies created by the retirements of Messrs. Capps and Grant.
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