SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
|For the month of: February, 2020||Commission File Number: 001-13354|
BANK OF MONTREAL
(Name of Registrant)
100 King Street West
1 First Canadian Place
Canada, M5X 1A1
129 rue Saint-Jacques
Canada, H2Y 1L6
|(Executive Offices)||(Head Office)|
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F ☐ Form 40-F ☒
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
INCORPORATION BY REFERENCE
The information contained in this Form 6-K and any exhibits hereto shall be deemed filed with the Securities and Exchange Commission (SEC) solely for purposes of incorporation by reference into and as part of the following registration statements of the registrant on file with and declared effective by the SEC:
Registration Statement Form F-3 File No. 333-217200
Registration Statement Form F-3 File No. 333-214934
Registration Statement Form S-8 File No. 333-191591
Registration Statement Form S-8 File No. 333-180968
Registration Statement Form S-8 File No. 333-177579
Registration Statement Form S-8 File No. 333-177568
Registration Statement Form S-8 File No. 333-176479
Registration Statement Form S-8 File No. 333-175413
Registration Statement Form S-8 File No. 333-175412
Registration Statement Form S-8 File No. 333-113096
Registration Statement Form S-8 File No. 333-14260
Registration Statement Form S-8 File No. 33-92112
Registration Statement Form S-8 File No. 333-207739
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
|BANK OF MONTREAL|
/s/ Thomas E. Flynn
|Name:||Thomas E. Flynn|
|Title:||Chief Financial Officer|
|Date: February 25, 2020||By:||
/s/ Barbara M. Muir
|Name:||Barbara M. Muir|
|Exhibit||Description of Exhibit|
|99.1||Press Release BMO Financial Group Appoints Cam Fowler as Chief Strategy & Operations Officer and Erminia (Ernie) Johannson as Group Head, North American Personal and Business Banking|
FOR IMMEDIATE RELEASE
BMO Financial Group Appoints Cam Fowler as Chief Strategy & Operations Officer and Erminia (Ernie) Johannson as Group Head, North American Personal and Business Banking
TORONTO, February 25, 2020 BMO Financial Group today announced two executive appointments to build on its competitive advantages, continue to deliver strong performance and position the bank for the future.
Cam Fowler will take on a new role as Chief Strategy & Operations Officer. He currently serves as Group Head, North American Personal and Business Banking. This new role leverages Mr. Fowlers proven ability to drive strategy, digital innovation and execution in delivering strong financial performance, as indicated by the recent performance of BMOs Canadian Personal & Commercial business. Consistent with the strategy outlined at BMOs 2018 Investor Day, the Canadian banking business is delivering top tier market share gains across personal and commercial, as well as leading digital innovation and customer engagement. The business is also delivering significant efficiency improvement, in support of the banks overall efficiency objective.
Cam has a proven track record of results leading our largest business, said Darryl White, Chief Executive Officer, BMO Financial Group. He has an extraordinary ability to anticipate and translate trends into customer impacts and embrace innovation to drive performance and support the evolving needs of customers.
Cam will work closely with me and our Executive Committee to catalyze efforts on both our long-term strategic focus as well as our near-term performance, while concentrating on key areas of future growth including our digital agenda and partnerships.
Mr. Fowler will continue to chair the banks Operating Committee and continue to report to Mr. White. His accountabilities include strategy, digital, innovation, workplace transformation, marketing and social impact. The effective date of the new appointment is March 1, 2020.
Erminia (Ernie) Johannson is appointed Group Head, North American Personal and Business Banking. This appointment represents an expanded mandate for her as, in addition to current responsibilities, she will now have accountability for Canadian Business Banking. In 2018, she was appointed Group Head, U.S. Personal and Business Banking; her mandate was expanded in 2019 to Group Head, North American Personal Banking and U.S. Business Banking. She will report to Mr. White; the effective date of the appointment is March 1, 2020.
Last year, Ms. Johannson was named one of the Most Powerful Women in Banking by American Banker.
Ernie is an inspirational leader with an ability to engage employees to deliver results against ambitious objectives. She brings a great operating discipline and has been a key driver of BMO delivering a great customer experience, including new digital technologies, said Mr. White.
Ernie has worked in progressively senior roles and delivered results in diverse businesses and corporate groups. She has a bias for action and a strong track record of building and leading highly effective teams.
BMO is demonstrating significant leadership across its North American personal and business banking platform, with the support of its leading employee engagement. Recently, BMO received the top overall score in JD Powers 2020 Canadian Retail Banking Advice Study. In addition, there has been significant momentum in the banks U.S. digital deposit strategy; BMO has now opened accounts digitally in all 50 states and experienced substantial growth primarily outside of BMOs core mid-west footprint.
Dave Casper continues as U.S. Chief Executive Officer, BMO Financial Group and Head of North American Commercial Banking, and will continue to work closely with Ms. Johannson. Together they will drive BMOs Canadian and U.S. P&C businesses forward.
About BMO Financial Group
Serving customers for 200 years and counting, BMO is a highly diversified financial services provider the 8th largest bank, by assets, in North America. With total assets of $880 billion as of January 31, 2020, and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.
For News Media Inquiries:
Paul Gammal, Toronto, firstname.lastname@example.org, (416) 867-3996
Internet: www.bmo.com Twitter: @BMOMedia