James R. Popp, a former Chase Bank executive who was hired by Johnson Financial Group in May, will succeed Thomas M. Bolger as chief executive officer when Bolger retires at the end of 2017, Johnson Financial Group said Monday.

Johnson Financial Group is the Racine-based parent company of Johnson Bank, which is the second-largest bank headquartered in Wisconsin, behind only Green Bay's Associated Bank.

Popp, 53, who has been president of Johnson Bank, was appointed president of the parent company immediately.

Read more in the Milwaukee Journal Sentinel.