People: Commerce Bancshares, Inc. (CBSH.O)

CBSH.O on Nasdaq

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Summary

Name Age Since Current Position
Kemper, David 59 1991 Chairman of the Board, President, Chief Executive Officer
Kemper, Jonathan 55 1997 Vice Chairman of Commerce Bancshares, Inc and Commerce Bank, N.A. (Missouri)
Leadbeater, Seth 58 2004 Vice Chairman; Chairman and Chief Executive Officer of Commerce Bank, St. Louis
Kim, Charles 48 2009 Chief Financial Officer
Matthews, Robert 61 1997 Executive Vice President of Commerce Bancshares, Inc and Commerce Bank, N.A. (Missouri)
Barth, Kevin 48 2005 Executive Vice President of Commerce Bancshares, Inc and Commerce Bank, N.A.
Stranghoener, V. Raymond 57 2005 Executive Vice President
Petrie, Michael 52 1995 Senior Vice President
Foster, Sara 48 1998 Senior Vice President
Rauscher, Robert 51 1997 Senior Vice President
Aberdeen, Jeffrey 55 1995 Controller
Rassieur, Benjamin 54 1997 Director
Taylor, Andrew 61 1990 Director
West, Robert 70 1985 Director
Meek, Terry 65 1989 Director
Grant, W. Thomas 58 1983 Director
Hebenstreit, James 63 1987 Director
Capps, John 58 2000 Director
McDonnell, Thomas 63 2001 Director
Walker, Kimberly 50 2007 Director
Simons, Dan 47 2007 Director

Biographies

Name Description
Kemper, David Mr. David W. Kemper has been Chairman of the Board of Directors since November 1991, Chief Executive Officer since June 1986 and President of Commerce Bancshares, Inc. since April 1982. He is Chairman of the Board, President and Chief Executive Officer of Commerce Bank, N.A. (Missouri). He is the son of James M. Kemper, Jr. (a former Director and former Chairman of the Board of Commerce Bancshares) and the brother of Jonathan M. Kemper, Vice Chairman of Commerce Bancshares.
Kemper, Jonathan Mr. Jonathan M. Kemper has been Vice Chairman of Commerce Bancshares, Inc. since November 1991 and Vice Chairman of Commerce Bank, N.A. (Missouri) since December 1997. Prior thereto, he was Chairman of the Board, Chief Executive Officer, and President of Commerce Bank, N.A. (Missouri). He is the son of James M. Kemper, Jr. (a former Director and former Chairman of the Board of Commerce Bancshares) and the brother of David W. Kemper, Chairman, President, and Chief Executive Officer of Commerce Bancshares.
Leadbeater, Seth Mr. Seth M. Leadbeater is Vice Chairman of Commerce Bancshares, Inc., Chairman and Chief Executive Officer of Commerce Bank, St. Louis Region, and serves on the Executive Committee of Commerce Bancshares, Inc. Leadbeater has overall responsibility for the St. Louis Region, and all Community Markets in Missouri, Illinois, and Kansas outside of St. Louis and Kansas City. He holds a Bachelor of Arts degree from Principia College and an MBA from California State University, Long Beach. Leadbeater serves as a Trustee for the St. Louis Art Museum, a Director of the Muny Opera in St. Louis, and of the Regional Housing Community Development Association.
Kim, Charles Mr. Charles G. Kim has been Executive Vice President of Commerce Bancshares, Inc. since April 1995 and Executive Vice President of Commerce Bank, N.A. (Missouri) since January 2004. Prior thereto, he was Senior Vice President of Commerce Bank, N.A. (Clayton, MO), a former subsidiary of Commerce Bancshares. Kim is actively involved in community and business organizations including the boards of Logan College of Chiropractic, Junior Achievement of Mississippi Valley, and the Missouri Baptist Hospital Community Advisory Board. He graduated from the Washington University Executive MBA program in 1992 and was a 1982 graduate of Washington University with a Bachelor of Science in Business Administration. He become Chief Financial Officer of Commerce Bancshares, Inc., effective July 1, 2009.
Matthews, Robert Mr. Robert C. Matthews, Jr., has been the Executive Vice President of Commerce Bancshares, Inc. since December 1989 and Executive Vice President of Commerce Bank, N.A. (Missouri) since December 1997.
Barth, Kevin Mr. Kevin G. Barth has been Executive Vice President of Commerce Bancshares, Inc. since April 2005. He was Executive Vice President of Commerce Bank, N.A. (Missouri), since October 1998. Senior Vice President of Commerce Bancshares and Officer of Commerce Bank, N.A. (Missouri) prior thereto.
Stranghoener, V. Raymond Mr. V. Raymond Stranghoener has been Executive Vice President of Commerce Bancshares, Inc. since July 2005. He was Senior Vice President of Commerce Bancshares prior thereto. Prior to his employment with Commerce Bancshares in October 1999, he was employed at BankAmerica Corp. as National Executive of the Bank of America Private Bank Wealth Strategies Group. He joined Boatmen’s Trust Company in 1993, which subsequently merged with BankAmerica Corp.
Petrie, Michael Mr. Michael J. Petrie has been Senior Vice President of Commerce Bancshares, Inc. since April 1995. Senior Vice President of Commerce Bank, N.A. prior thereto.
Foster, Sara Ms. Sara E. Foster has been Senior Vice President of Commerce Bancshares, Inc. since February 1998. He was Vice President of Commerce Bancshares prior thereto.
Rauscher, Robert Mr. Robert J. Rauscher, has been Senior Vice President of Commerce Bancshares, Inc. since October 1997. He was Senior Vice President of Commerce Bank, N.A. (Missouri) prior thereto.
Aberdeen, Jeffrey Mr. Jeffery D. Aberdeen is Controller of Commerce Bancshares, Inc. since December 1995. Prior thereto he was Assistant Controller. He is Controller of Commerce Bancshares' subsidiary banks, Commerce Bank, N.A. (Missouri, Kansas and Omaha).
Rassieur, Benjamin Mr. Benjamin F. Rassieur, III was Elected a Director of Commerce Bancshares Inc in August, 1997. Mr. Rassieur is President of Paulo Products Company. Paulo Products is engaged in commercial heat-treating, electroplating, and furnace brazing services. Mr. Rassieur has served as a director of Commerce Bank, N.A., a subsidiary of the Company.
Taylor, Andrew Mr. Andrew C. Taylor was Elected a Director of Commerce Bancshares Inc in February, 1990. Mr. Taylor is Chairman and Chief Executive Officer of Enterprise Rent-A-Car Company (formerly Enterprise Leasing Co.) which is engaged in automobile leasing, rental and related services. He is also a director of Anheuser-Busch Companies. Mr. Taylor has served as a director of Commerce Bank, N.A., a subsidiary of the Company. Mr. Taylor is Chairman of the Company’s Compensation and Human Resources Committee.
West, Robert Mr. West was Elected is a Director of Commerce Bancshares Inc in October, 1985. Mr. West retired as Chairman of the Board of Butler Manufacturing Company and from its board of directors on July 1, 1999. He is a director of Great Plains Energy, Inc. and Burlington Northern Santa Fe Corporation. Mr. West has also served as a director of Commerce Bank, N.A., a subsidiary of the Company. Mr. West is Chairman of the Company’s Audit Committee and designated as that Committee’s financial expert.
Meek, Terry Mr. Terry O. Meek was Elected a Director of Commerce Bancshares Inc in April, 1989. Mr. Meek is President of Meek Lumber Yard, Inc., which operates a chain of builders’ materials centers under the name Meeks Building Centers. He has served as a director of Commerce Bank, N.A., a subsidiary of the Company.
Grant, W. Thomas Mr. W. Thomas Grant II was Elected as a Director of Commerce Bancshares Inc in June, 1983. Mr. Grant is Sr. Vice President of Quest Diagnostics, Inc. (since November, 2005). He was Chairman, President and Chief Executive Officer of LabOne, Inc. from October, 1995 to November, 2005. Quest Diagnostics, Inc. is a national provider of diagnostic testing, information and services.
Hebenstreit, James Mr. James B. Hebenstreit was elected a Director of Commerce Bancshares Inc in October, 1987. Mr. Hebenstreit has been President of Bartlett and Company since January, 1992. Bartlett and Company is engaged in grain merchandising and storage, flour and feed milling and cattle feeding. Mr. Hebenstreit is Chairman of the Company’s Committee on Governance/Directors.
Capps, John Mr. John R. Capps was elected a Director of Commerce Bancshares Inc in January, 2000. Mr. Capps has served as the President and Chief Executive Officer of Plaza Motor Company since 1981. Plaza Motor Company is a retail dealership for eight luxury automobile franchises. Mr. Capps is a director of Whitfield School (since 1995), St. Louis Priory School (since 1988), Muny Opera (since 1999), St. Louis Art Museum (since October, 2001), Contemporary Art Museum (since January, 2003), and Forest Park Forever (since January, 2006). He is Past Chairman of the Regional Business Council. He also served as a director of Commerce Bank, N.A., a subsidiary of the Company.
McDonnell, Thomas Mr. Thomas A. McDonnell was Elected a Director of Commerce Bancshares Inc in April, 2001. Mr. McDonnell is the President and Chief Executive Officer of DST Systems, Inc. DST Systems is a provider of computer software solutions to the financial services and other industries. He has been employed by DST since 1969 and has served as President since January, 1973 (except for a 30-month period from October, 1984 to April, 1987). He is a director of DST Systems, Inc., Blue Valley Ban Corp, Euronet Worldwide, Inc., Garmin, LTD, Kansas City Southern and Asurion Corporation (since January, 2006).
Walker, Kimberly Ms. Kimberly G. Walker is a Director of Commerce Bancshares, Inc. He is the Chief Investment Officer of Washington University Investment Management Company since November 2006 and was formerly Vice President of Qwest Communications International and President of Qwest Assets Management Company 1998-2006 — formerly US West, prior to 2000 merger.
Simons, Dan Mr. Dan C. Simons serves as Director of Commerce Banshares Inc since July 2007. He is President of Electronic Division of The World Company.

Options Compensation

Name Options Value
Kemper, David 501,678 6,622,660
Kemper, Jonathan 408,967 8,142,044
Leadbeater, Seth 139,267 2,280,025
Kim, Charles 180,168 3,460,010
Matthews, Robert 117,197 1,465,154
Barth, Kevin 98,325 1,559,282
Stranghoener, V. Raymond 48,657 662,654
Petrie, Michael 0 0
Foster, Sara 0 0
Rauscher, Robert 0 0
Aberdeen, Jeffrey 0 0
Rassieur, Benjamin 0 0
Taylor, Andrew 0 0
West, Robert 0 0
Meek, Terry 0 0
Grant, W. Thomas 0 0
Hebenstreit, James 0 0
Capps, John 0 0
McDonnell, Thomas 0 0
Walker, Kimberly 0 0
Simons, Dan 0 0
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