The Canadian Press

1999-02-23 | BMO-Barrett

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The chairman of the Bank of Montreal announced on Feb. 23 that he was stepping down. CEO Matthew Barrett said his decision wasn't related to the failed merger with the Royal Bank. He said it was more a question of having a new person in place for the transformation in financial services the industry.

Date: 1999-02-23
Placeline: Halifax, NS, Canada
Source: The Canadian Press
Length: 18 seconds

Transcript Prediction: << I feel strongly believe that the CEO who who starts out with a new strategy should take it through to completion the strategy will take five to seven years in its fullness to complete and therefore I think it was a perfect timing to hand it over to an outstanding candidate like this to come >>

Clip ID: 19990223CPCN001