Texas Capital Bancshares Strengthens Leadership with Rob C. Holmes

Rob C. Holmes Takes on New Leadership Role at Texas Capital

DALLAS — Texas Capital Bancshares, Inc. (NASDAQ: TCBI), a prominent financial institution, has made a significant leadership change by electing Rob C. Holmes, the current President and Chief Executive Officer, as Chairman of the Board. This decision reflects the Board's confidence in Holmes and recognizes the successful transformation he has spearheaded for the company.

A Strong Foundation for Future Growth

Bob Stallings, the outgoing Chairman, noted that Holmes' elevation is a testament to the success of the extensive multi-year transformation he has led since 2021. Stallings, who will continue to serve as Lead Independent Director, emphasized how Holmes and his team have effectively implemented the strategic plan that has positioned Texas Capital for robust growth moving forward.

Holmes' Gratitude and Commitment

Rob Holmes expressed his gratitude for the trust bestowed upon him by the Board of Directors. He acknowledged the dedication of the talented team he has built at Texas Capital, emphasizing their commitment to establishing the premier financial services firm in Texas. Holmes is optimistic about the firm's future, fueled by the progress made and the enduring support from his employees.

Stallings’ Continued Contribution

In a move to ensure a seamless transition, Stallings will receive a waiver from retirement policy to remain on the Board for another year. This decision acknowledges his invaluable contributions over the past 24 years and supports the ongoing transformation of the organization.

Performance Review and Future Directions

Alongside the leadership announcement, Texas Capital also shared its operating results for the previous year. Holmes highlighted the firm's ability to maintain industry-leading capital and liquidity, showcasing a competitive advantage that the company has cultivated through various market cycles.

Looking Ahead to 2025

Holmes is optimistic about the future, stating that Texas Capital is poised to capitalize on the momentum built since 2021. With numerous strategic milestones achieved, he is confident that the firm will meet client expectations and further enhance its services.

The Vision of Texas Capital Bancshares

Founded in 1998, Texas Capital Bancshares, Inc. has grown to become a key player in the financial sector, operating a comprehensive range of banking services to individuals and businesses alike. With its headquarters in Dallas and a commitment to delivering tailor-made solutions, Texas Capital continues to solidify its reputation for excellence.

A Commitment to Compliance and Innovation

Texas Capital is dedicated to serving its clients through various economic cycles, leveraging cutting-edge technology and a robust framework for compliance and risk management. The company’s strategic initiatives will continue to evolve, ensuring that it meets the changing needs of its clientele.

Frequently Asked Questions

What are the new responsibilities for Rob C. Holmes?

Rob C. Holmes has been elevated to the role of Chairman of the Board, along with his existing position as President and Chief Executive Officer.

What did Bob Stallings say about the leadership transition?

Bob Stallings praised Rob's transformational leadership and indicated that the new governance structure consolidates leadership effectively while ensuring independent oversight.

How is Texas Capital performing financially?

Texas Capital has shown strong financial performance, maintaining industry-leading capital and liquidity while achieving significant strategic milestones.

What is the future outlook for Texas Capital?

Holmes is optimistic about Texas Capital's growth trajectory, emphasizing an ongoing commitment to delivering exceptional services and building upon past momentum.

When was Texas Capital Bancshares founded?

Texas Capital Bancshares, Inc. was founded in 1998 and has since established a strong presence in the financial sector.

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