Dallas-based Texas Capital Bancshares Inc., the parent company of Texas Capital Bank NA, has appointed Rob C. Holmes president, CEO and a member of the board of directors of both companies, effective January 24, 2021. He succeeds Larry L. Helm, who has served as executive chair, CEO and president since May 2020. Helm will step down as president and CEO on January 24, 2021, and continue as executive chair of the board for up to 90 days to facilitate a smooth transition of responsibilities. He will then return to his previous role as non-executive chair of the board.
Holmes worked for JPMorgan Chase & Co. and its predecessor firms since 1989, most recently serving as global head of corporate client banking and specialized industries since 2011. During that time, he had end-to-end responsibility for the business, providing global treasury management services, credit and investment banking solutions to clients in North America, as well as select countries in Europe and Asia, to achieve their long-term corporate finance objectives. Holmes also spent the better part of 20 years in the corporate and investment bank, where he was responsible for advising clients on strategic alternatives and corporate finance executions in debt and equity markets in the retail and general industrials industries.
Holmes received a BA degree in economics from the University of Texas–Austin and holds an MBA degree from Southern Methodist University. An active member of the Dallas community, he has served as a national trustee for Boys & Girls Clubs of America and on the board of the Dallas Citizens Council. He currently serves on the advisory board of the McCombs School of Business at the University of Texas–Austin, as well as a member of the development board for the university and most recently an inaugural member of the executive committee. In addition, Holmes is active on the board of the Baylor Health Care System Foundation. He is a longtime member of the Salesmanship Club of Dallas, which owns and operates the Momentous Institute.
“Today’s announcement is the result of a comprehensive search process, and the board and I look forward to welcoming a leader of Rob’s caliber to Texas Capital Bank,” Helms says. “Rob brings more than 30 years of experience and a proven record of driving innovation, building client relationships, developing talent and fostering a strong culture founded on collaboration, transparency and accountability. We are confident he is the right next leader to further expand our core banking franchise, return to strong earnings growth and drive long-term shareholder value. Further, Rob’s commitment to an entrepreneurial mindset and deep Texas roots make him a perfect fit to join the Texas Capital Bank team. I would also like to express my appreciation for all our Texas Capital Bank colleagues whose continued support, focus and commitment to meeting clients’ needs has been remarkable, especially during this challenging time.”
“Texas Capital Bank has a unique market position, compelling franchise and world-class team to capture significant growth opportunity with current and potential entrepreneurs, business owners and private wealth clients,” Holmes says. “I have great respect for Texas Capital Bank’s 21-year history, high-performance culture and position as a leading regional bank.”
“On behalf of the board, I want to thank Larry for his extraordinary leadership, dedication and invaluable contributions to Texas Capital Bank as a board member since 2006 and in his most recent roles,” says James H. Browning, lead independent director of the board. “He has done tremendous work over the past several months in response to unprecedented events, including leading efforts to de-risk the company’s portfolio and manage liquidity in response to the impact of the global pandemic while advancing diversity, equity and inclusion efforts consistent with the company’s values. We will continue to benefit from his experience as we support a smooth transition for Rob.”
Established in 1997, Texas Capital Bank has full-service locations in Austin, Dallas, Fort Worth, Houston and San Antonio.