Ingrams September 2023

Mariner Kemper CHAIRMAN, UMB FINANCIAL CORP.

Sandy Kemper CHAIRMAN/CEO, C2FO

Mariner Kemper looks back at the past year with a familiar sense of accomplishment. “As we’ve done many times before,” he said, “I’m proud we are having another successful year during a challenging time.” As far as recession predictions are concerned, he said, “Wheth er we have a true recession or not, it’s likely to be a tough economic environment. To illustrate, if you jumped into Arctic waters, you wouldn’t feel a big difference between -10 and -20 degrees.”

Someday, when the history of C2FO is laid bare for the world, one of Kansas City’s most successful entrepreneurial stories will be revealed to all—not just the financial services world folks or the accounting staff of its client companies. Kemper’s vision to launch this digital platform for sales of accounts receivable back in 2008 is a global heavyweight in that space.

2022 REVENUES: $1.36 billion COLLEGE: B.S., Political Science, University of Puget Sound ON THE NEW KCI: “It’s a beautiful, state-of-the-art facility and a fantastic showcase asset for Kansas City.” BANKING DNA: Kemper is part of a banking family that goes back at least six generations in the Kansas City region, and he’s the third son of R. Crosby Kemper Jr. to have served as chief executive. POWERHOUSE: With $23.85 billion in deposit market share across Missouri, UMB is the largest bank headquartered in the Show-Me State for that vital metric. It also ranks No. 2 overall, behind only the national behemoth Bank of America. EMPLOYEES: Across the organization and its 103 locations, UMB employs nearly 3,000 people, ac cording to FDIC figures.

COLLEGE: B.A., American History, Northwestern University FINANCIAL DNA: Kemper’s career has been built around financial services. His father was the leg endary Crosby Kemper Jr. of the iconic banking family in the two-state region. And Sandy himself served a stint as chief executive for the bank tied to his branch of the Kemper family, UMB. SUCCESS METRICS: C2FO made its first transaction in 2010. Since then, it’s grown to process more than 50 million approved invoices per day. It took a decade to hit the $100 billion mark in funding ad vanced to customers, but just two more years to double that. And only 16 months to reach $300 billion. FLYING HIGH: Financials are closely guarded at C2FO, but Money Inc. has already declared the firm a unicorn—a startup that has achieved at least $1 billion in valuation.

Robert Kenagy PRESIDENT/CEO, STORMONT VAIL HEALTH

Paul Kempinski PRESIDENT/CEO, CHILDREN’S MERCY KANSAS CITY Paul Kempinski reports a major new effort in what might be called whole-child health care. “In June, Children’s Mercy announced a five-year initiative to address the pediatric mental-health crisis,” he said. “It is called Illuminate and includes four strategies, 14 projects, and a new $150 million investment that will impact more than 80,000 kids.”

He’s already overseeing the biggest health system based in Topeka— which includes the Kansas City area’s third-largest stand-alone hos pital—but Robert Kenagy does not have Stormont Vail Health resting on any health-care laurels. The system has opened multiple satellite operations over the past year, even as its major medical center is treated nearly 21,000 admitted patients last year.

2022 REVENUES: $3.54 billion NEXT BIG THING: “I love the idea of a new Downtown baseball stadium. I’ve lived in cities where downtown parks were built. They had incredibly positive cultural and economic impacts.” THE NEW KCI: “Our new, world-class airport reflects our sophisticated, collaborative spirit. The new air port is a great first impression of KC’s great resources and amenities, arts, culture, sports, and food scene.” MENTORS: “I’ve been fortunate to have several mentors that have been professional guardian angels for me. I’ve also had a few ‘anti-mentors.’ Ironically, I learned quite a bit of subject matter knowledge from the ‘anti-mentors’ and also leadership behaviors that I’ve worked hard not to emulate.” BEST BUSINESS BOOK: “I read few business books cover to cover, but three that I have include: Good to Great , The Toyota Way , and The First 90 Days . They’ve all impacted me greatly during different phases of my leadership journey.” LEADERSHIP HIRE TRAITS: “Emotional intelligence.” EMPLOYEES: 8,319 in FY 2022.

2022 REVENUES: $2.73 billion COLLEGE: BBA, Wichita State; M.D., University of Kansas Medical Center, Master of Medical Man agement, Tulane University ECONOMIC POWERHOUSE: With nearly 600 acute-care beds, Stormont Vail Hospital is a key em ployer in the region; its staff of 4,560 includes 275 physicians and more than 1,575 nurses. LOOKING WEST: Kenagy’s team recently completed work at the $37.5 million Stormont Vail Health Manhattan Campus, less than an hour to Topeka’s west. The structure covers 75,000 square feet, has 95 exam rooms, three more for treatment and five for procedure. It also has a full imaging department, expanded office spaces, and parking for nearly 400. Earlier this year, and one county to the west of Manhattan, the health system completed its acquisition and rechristened the former Geary Commu nity Hospital and Rural Health Clinic, now Stormont Vail Health–Flint Hills Campus.

Scott Kincaid PRESIDENT, THE KINCAID GROUP

Jim Klausman PRESIDENT/CEO, MIDWEST HEALTH

Buses helped build the company from the ground up, but 2022 saw a shift in priorities for the family-owned Kincaid Group, led by Scott Kincaid, whose father founded the enterprise. Last fall, the compa ny sold off its DS Bus Lines and Midwest Bus Sales divisions to a Massachusetts transportation company. It retains core interests in vehicle sales, security systems, construction materials, and IT ser vices, among others.

Over the past year, Jim Klausman said Midwest Health continued its mission to provide quality senior living with the completion of Wheatfield Village in Topeka, a $100 million mixed-use development that features a B&B Theater, Johnny’s Tavern, SPIN! Pizza, PT’s coffee, Springhill Suites, and apartments. “We are in the process of acquir ing two new assisted living centers,” he adds, “which will take our total count to over 90 across six states.”

COLLEGE: B.S., Administration, University of Tulsa IN HIGH GEAR: The company didn’t disclose 2022 revenues, but its top line was comfortably above $300 million in 2021. BROAD REACH: With operating divisions in eight states throughout the Midwest, New Mexico, and Louisiana, the Shawnee-based group employs nearly 2,000 people. PHILANTHROPIC REACH: In 2021, the firm launched its Kincaid Group Foundation with the goal of honoring its four key corporate pillars: Family, Safety, Service, and Respect. Each division’s profits provide funding, direct donations, and income from special events. That will build on more than $300,000 the company had previously raised for local non-profits in the spheres of youth programs, first responders, and veterans causes.

COLLEGE: B.A., Political Science, Washburn University RECESSION ODDS: “We may miss a recession, but economic activity is slowing down, especially in the commercial real estate market.” KC’S NEXT BIG THING: “The continued expansion of the Panasonic plant, and the natural growth that will bring to south Johnson County.” ON THE NEW KCI: “This airport now rivals any of the best throughout the country.” SALUTING A MENTOR: “My first real job was in sales at Sears Automotive. I learned from my boss, Bob Gassman, that to be successful, I had to be self-sufficient.” MORNING READ: “ The Wall Street Journal .” LEADERSHIP HIRE PRIORITIES: “For leadership hires, we look to the personality of the individual, and their ability to communicate and fit into our business culture.” EMPLOYEES: Currently at 4,000, and “we continue to grow our organization and plan on adding to our staff.”

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September 2023

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