Bank of Montreal Appoints Tim Cox to Lead US Operations

05:18 PM EDT, 10/20/2026 (MT Newswires) -- Bank of Montreal (BMO.TO) after trade Tuesday said it appointed Tim Cox as US Country Head of BMO Financial Group, and Chief Executive of its US subsidiaries, BMO Financial Corp. and BMO Bank N.A., effective Nov. 1. He will report to CEO Darryl White, join the bank's Executive Committee and chair its US management committee, the company added. Cox joined BMO in 2010 and has held several senior legal and regulatory compliance roles, including global chief regulatory officer. He has served as US general counsel since 2022, according to the statement. "Darrel Hackett has shared his intention to retire from his role as U.S. CEO after more than 22 years with BMO," the company said, adding that he will be taking up a role as executive vice chair and senior advisor effective Nov. 1. Shares of Bank of Montreal were up 0.4% at CA$235.40 on the Toronto Stock Exchange.