AI brief of an SEC Form 8-K · Commerce Bancshares (CBSH)

Commerce Bancshares: Director Devanny retires; shareholders re-elect five directors at annual meeting

Neutral Impact 2 of 5 leadership Written later

Earl H. Devanny, III retired from Commerce Bancshares' board effective April 25, 2025, due to the company's mandatory retirement age; he had served since 2010. At the April 25 annual meeting, shareholders elected Benjamin F. Rassieur, III and four directors to the 2028 class, ratified KPMG LLP as auditor for 2025, and approved executive pay on an advisory basis.

Key points

  • Devanny retired from the board effective April 25, 2025; he chaired the Governance/Directors Committee and sat on the Executive Committee
  • Benjamin F. Rassieur, III received 87,383,177 votes for and 10,190,629 withheld
  • KPMG LLP ratified as independent registered public accounting firm for 2025 with 117,237,068 votes for
  • Say on Pay advisory proposal passed with 89,595,192 votes for and 7,496,037 against

The filing

CompanyCommerce Bancshares (CBSH)
Form8-K, current report
Filed with the SECApr 29, 2025, 3:33 PM ET
Accession number0000022356-25-000033

Items reported: 5.02 Director / Officer Change5.07 Shareholder Vote Results

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 29, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.