MILWAUKEE — Marshall & Ilsley Corp. announced that its chief financial officer, Gordon H. Gunnlaugsson, will retire at yearend.

Mr. Gunnlaugsson, who has been CFO of the $25.2 billion-asset Milwaukee banking company for 15 years, said Tuesday that he “would like to have a little less structure and more time for family and personal pursuits.”

He has worked more than 30 years for the company. “We will miss his financial expertise and strategic thinking, but we respect his decision,” said Marshall & Ilsley chairman James B. Wigdale.

The company said it will look both internally and externally to find a successor.

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