BMO Financial Group (BMO.TO) announced that Ellen Costello, President and Chief Executive Officer of BMO Financial Corp. and U.S. Country Head of BMO Financial Group has announced her intention to retire from the company.
The company stated that she will be succeeded by Chris Begy, currently BMO Financial Group's Chief Auditor. Chris Begy will take on his new position as U.S. Country Head on August 1, 2013, assuming Ellen Costello's current accountabilities.
BMO Financial said that an announcement regarding Chris' successor will be made shortly.
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