BMO announced the appointment of Darrel Hackett as U.S. Chief Executive Officer of BMO Financial Group. His appointment is effective June 1, 2023. Joining BMO in 2004, among several leadership roles at BMO and in the community, Mr. Hackett has served BMO's clients as the leader of the bank's U.S. Business Banking group, as Head of the bank's North American Integrated Channels team, and most recently as President of BMO Wealth Management.

Mr. Hackett's appointment follows the retirement announcement of Dave Casper, U.S. CEO, BMO Financial Group. Joining BMO with the bank's acquisition of Harris Bank in 1984, Mr. Casper led BMO's U.S. commercial banking business since 2010, BMO's North American commercial banking business since 2015, and has served as U.S. CEO since 2018.