ST. LOUIS -- (Business Wire)
David W. Kemper, chairman of the Board of Directors of Commerce
Bancshares, Inc. (CBSH), announced today the election of Terry Bassham
to the Board of Directors. Mr. Bassham is president and chief executive
officer of Great Plains Energy and KCP&L. “We are very pleased to
announce the appointment of Terry Bassham to the Commerce Bancshares,
Inc. Board of Directors,” commented David W. Kemper. “Terry is a
seasoned businessman and leader in one of our economy’s key sectors and
will provide our board with valuable insight.”
Mr. Bassham has been instrumental in leading KCP&L’s comprehensive
energy plan, an ambitious initiative that included building 100
megawatts of wind power, installing environmental retrofits at several
generating facilities and constructing Iatan 2, an 850-megawatt
coal-fired power plant. The Board of Directors increased the number of
directors from 11 to 12 to accommodate Mr. Bassham’s addition to the
About Commerce Bank
Commerce Bank, is a subsidiary of Commerce Bancshares, Inc. (NASDAQ:
CBSH), a $22.2 billion regional bank holding company. For more than 145
years, Commerce Bank has been meeting the financial services needs of
individuals and businesses. Commerce Bank provides a diversified line of
financial services, including business and personal banking, wealth
management, financial planning, and investments through its affiliated
companies. Commerce Bank operates in more than 360 retail locations in
the Central United States and has a nationwide presence in the
commercial payments industry. Commerce Bancshares also has operating
subsidiaries involved in mortgage banking, leasing, credit-related
insurance, private equity and real estate activities.
For additional information, please visit www.commercebank.com.
Commerce Bancshares, Inc.
Molly Hyland, 314-746-3657,
Maura Schnoebelen, 314-746-8567,
Source: Commerce Bancshares, Inc.
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