Paul Gores
Milwaukee Journal Sentinel
July 7, 2010
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Johnson Financial Group said Wednesday that chief executive Richard A. Hansen would retire at the end of 2010 and be succeeded by the company's chief operating officer, Russell C. Weyers.
Hansen, 64, joined Racine-based Johnson Financial Group, the parent company of Johnson Bank, in 1995 after heading the Madison operations of Firstar Bank. In that time, the assets of Johnson Financial Group have grown to $6 billion from about $1 billion.
"Today, after 15 years of his leadership, we are a very strong company," Helen Johnson-Leipold, chairman of Johnson Financial Group, said in an interview.
Weyers, 50, also joined Johnson Financial Group in 1995, starting as a senior commercial lender after coming over from Bank One. He advanced to positions of increasing responsibility over his career.
Privately owned Johnson Bank is the third-largest bank based in Wisconsin, trailing only Milwaukee's M&I Bank and Green Bay's Associated Bank.
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