On June 24, San Antonio-based Frost Bank announced that longtime executive Don Frost plans to retire at the end of the month. A great-great-grandson of the company’s founder, T.C. Frost, Don Frost started at the bank in 1983 and has worked in numerous roles over this 41-year tenure. He retires as an executive vice president and capital markets manager in the bank’s public finance group.
“On behalf of all of us at the bank, I’d like to thank Don for everything he’s done for our company and around San Antonio,” says Phil Green, Cullen/Frost chair and CEO. “It’s hard to find someone in the San Antonio area who doesn’t know Don or hasn’t interacted with him and his family. We’re grateful for the way he has represented us for so many years, and we congratulate him on his well-deserved retirement.”
Before joining the bank, Frost served as a commissioned bank examiner for three years. He joined Frost Bank in 1983 in the loan review department, later moving to the real estate loan desk. Eventually, he was promoted to become the bank’s first San Antonio region president. After 11 years in that role, Frost helped start the bank’s investment banking operations, which has underwritten more than $80 billion in Texas municipal bonds.
Frost also has worked with numerous nonprofits and charitable causes, and he currently is the chairman of the board of directors at the McNay Art Museum.
“I’m glad to have been able to build relationships with customers from four generations, and I credit our management team for strengthening the Frost culture and positioning the company for sustainable growth,” Frost says.
Established in 1868, Frost Bank serves the Austin, Corpus Christi, Dallas, Fort Worth, Houston, Permian Basin, Rio Grande Valley and San Antonio regions.
