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Cullen/Frost Bankers in San Antonio has a new president.
January 28 -
Bank buyers and sellers should pay attention to the Fed's recent approval of Cullen/Frost's acquisition of WNB Bancshares. Cullen/Frost had to agree to improve its fair-lending and other functions, underscoring the importance of buyers who work well in resolving compliance and other problems with regulators.
May 21
Dick Evans will retire as Cullen/Frost Bankers' chairman and chief executive in March, and the San Antonio company has chosen its president, Philip Green, to succeed him.
Evans, 69, has worked at the $28 billion-asset company since 1971 and he has been CEO since 1997. Evans, who was named American Banker's
"This is the right time for Cullen/Frost to move forward," Evans said in a news release.
Cullen/Frost will promote Green from president to chairman and CEO on March 31. Evans will remain a strategic counsel to Green for at least five years after his retirement and be available for customer-relationship development.
Green joined Cullen/Frost in 1980 and was chief financial officer from 1995 until this January, when he
Cullen/Frost said Paul Bracher, chief banking officer, will add the title of president when Green becomes CEO.
Additionally, Cullen/Frost said Emily Skillman will retire in March as group executive vice president of human resources after 27 years with the company. Cullen/Frost will promote Annette Alonzo to succeed Skillman.
Cullen/Frost also has promoted Gary McKnight to group executive vice president for technology and operations; and it promoted Candace Wolfshohl to group executive vice president for culture and people development.
