TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On November 22, Dallas-based First Foundation Inc., the parent company of Irvine, California-based First Foundation Bank, announced the appointment of Thomas C. Shafer as chief executive officer. His appointment follows the retirement of Scott F. Kavanaugh, who has served as CEO since 2009 and as a member of the board of directors since 2007. Shafer … Read more
On August 19, San Antonio-based USAA announced that Wayne Peacock plans to retire as president and CEO after a distinguished 36-year career at the company, including nearly five as CEO. He will retire in the first half of 2025. “Wayne has always answered the call to serve and the board is thankful for his leadership,” … Read more
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 … Read more
Stephen Lee has assumed the roles of president and CEO of the First National Bank of Bastrop, succeeding Reid Sharp, who will continue to serve as chairman of the board. Lee has more than 30 years of banking experience, including serving for the past 17 years as president and CEO of the southeast region at … Read more
Two esteemed banking executives retired this spring from Mt. Pleasant-based Guaranty Bank & Trust. Clifton A. “Cappy” Payne has retired after 40 years with Guaranty Bank & Trust. He joined the bank in 1984, became controller in 1988 and was elected to the board of directors of both the bank and the holding company in … Read more
Jess Laird, vice chairman of Athens-based First State Bank, is retiring on March 12 after 36 years of service. Laird began his banking career with First State Bank in 1988 as a loan officer. In 1999, he was named president and chief executive officer. In 2019, he was elected vice chairman by the First State … Read more
Oklahoma City, Oklahoma-based InterBank’s longtime CEO Pascal Hosch retired at the end of 2023. He will continue to serve on the board of directors of both the bank and its holding company, Olney Bancshares of Texas Inc. The bank has tapped C.K. Lee to succeed Hosch. Hosch began his career at InterBank 30 years ago … Read more
On December 15, Farmers Branch-based TIB NA announced several officer promotions at its monthly board meeting, including a new executive vice president. Dawn Velekei was promoted to executive vice president and chief financial officer. She has more than 30 years of experience in banking. She launched her career as an account services specialist at a … Read more
Sami Chadli, chief financial officer for the Texas Department of Banking for the past 11 years, has announced that he will retire on December 31, 2023. “We would like to congratulate Sami for decades of service to the State of Texas and his commitment and loyalty to the citizens of Texas and the Department of … Read more
After 52 years of service, James Hodges, president and CEO of First National Bank of Granbury, is retiring effective January 1, 2024. He will maintain a seat on the board of directors. Mark Webb, executive vice president and chief lending officer since 2015, has been tapped to succeed Hodges as president and CEO. Hodges attended … Read more