On December 9, Texas Capital Bancshares Inc., the parent company of Dallas-based Texas Capital Bank, announced that Matt Scurlock, executive vice president/corporate treasurer, will transition into the role of executive vice president/chief financial officer, effective January 1, 2022. He will replace Julie Anderson as CFO of Texas Capital Bank and Texas Capital Bancshares Inc. Anderson has been with the bank for 22 years, having served as controller, chief accounting officer and, most recently, chief financial officer. She will remain in an advisory capacity to provide support for the transition until March 31, 2022.
Scurlock joined Texas Capital Bank in 2013. He led the development of the bank’s capital analytics and stress testing group and served as director of finance and executive vice president/corporate treasurer. In his most recent role, he was responsible for managing the bank’s corporate finance, investor relations, corporate treasury and corporate strategy initiatives. Before joining Texas Capital Bank, Scurlock worked for Deloitte & Touche LLP, where he provided strategic consulting to financial services clients. Prior to that, he served as a vice president in the corporate finance group for Zions Bancorporation, leading financial modeling and balance sheet management efforts. He has served in leadership positions across the corporate finance, risk, treasury and strategy sectors for more than 15 years. Since the arrival of Rob C. Holmes as president and CEO, Scurlock has been deeply integrated into the development and execution of the Texas Capital Bancshares/Texas Capital Bank’s strategic plan.
“Julie has been a very important part of Texas Capital Bank since 1999, and we thank her for her years of service,” Holmes says. “As Matt transitions into the role of chief financial officer, I am confident he will continue to be an exceptional leader who upholds the values needed to optimize our financial performance and provide results to our investors with a renewed vigor as we grow and continue to transform.”
As CFO, Scurlock will become a permanent member of the bank’s operating committee and be responsible for all accounting and financial reporting functions, as well as financial planning and analysis, capital planning and funds management. He will oversee the bank’s finance, accounting, investor relations and strategic sourcing departments, and will report directly to Holmes. Additionally, Scurlock will serve on the board of directors for the Texas Capital Community Development Corp., a wholly owned subsidiary of the bank, whose purpose is to lend and invest in economic development for underserved communities.
“Since Rob’s arrival, I have had the privilege of working closely with him and the operating committee to help craft the bank’s vision, goals and strategy,” Scurlock says. “I am thrilled to serve our organization and investors in this new capacity and look forward to partnering with the management team to deliver on our firm-wide commitments.”
Scurlock earned a BBA degree from Texas Tech University and an MBA degree from the University of Utah. He currently serves on the advisory council of the Rawls College of Business at Texas Tech University and on the board of directors for the YMCA of Metropolitan Dallas.
Established in 1998, Texas Capital Bank operates 10 banking offices in the Dallas, Fort Worth, Austin, Houston and San Antonio regions.
