Bank of Montreal Appoints New CEO Bill Downe - Why Him? - Seeking Alpha

George Gutowski submits: Bank of Montreal ( BMO ), as expected, named Chief Operating Officer Bill Downe as president and CEO, replacing outgoing Chief Executive Tony Comper, who will retire at the bank's annual meeting March 1. Downe was appointed chief operating officer in February, following four years as deputy chair at BMO Financial Group and chief executive with BMO Nesbitt Burns, when he managed the investment banking group, private client group and BMO's U.S. operations. New BMO President ...