BMO stock: Tim Cox takes charge of U.S. operations
Published on 11/05/2026 at 14:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSLeadership change reshapes U.S. operations
- Tim Cox became BMO's U.S. Country Head and CEO of its U.S. subsidiaries on November 1, 2026.
- Darrel Hackett moved to Executive Vice-Chair and Senior Advisor after more than two decades at BMO.
- The transition keeps U.S. expansion and North American strategy in focus for investors.
Bank of Montreal appointed Tim Cox as U.S. Country Head and chief executive of its U.S. subsidiaries effective November 1, 2026. BMO announced the leadership change on October 20 in its BMO Newsroom.
The real-time quote of BMO stock stood at 159.04 euros on Lang & Schwarz at 13:49 CET on Thursday, November 5, 2026.
Cox takes over U.S. leadership
Cox reports to BMO Chief Executive Officer Darryl White, joins the bank's Executive Committee and chairs the U.S. Management Committee. He joined BMO in 2010 and has served as U.S. General Counsel since 2022, after holding senior legal and regulatory compliance positions including Global Chief Regulatory Officer.
Darrel Hackett, who held the U.S. CEO role for more than 22 years, moved to Executive Vice-Chair and Senior Advisor on November 1. White credited Hackett with advancing BMO's North American growth strategy and helping build the U.S. business.
Strategy remains in focus
BMO said Cox's knowledge of the business, leadership and commitment to clients will support the continued success of its U.S. franchise. The handover gives investors a new executive reference point as the Canadian bank manages its cross-border operations and broader North American strategy.
Bank of Montreal at a glance
- Company: Bank of Montreal
- ISIN: CA0636711016
- Quote: 159.04 euros on Lang & Schwarz, November 5, 2026, 13:49 CET
- Sector: Financial Services
- Industry: Banks - Diversified
Canadian financial stocks are covered in the S&P/TSX Composite market reports.
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