First Financial Bankshares, Inc. (NASDAQ: FFIN) has announced that it has begun a national search for a successor to its chief financial officer and executive vice president, J. Bruce Hildebrand, CPA.
The announcement was made by F. Scott Dueser, Chairman, President and CEO of Abilene-based First Financial Bankshares, Inc.
Hildebrand will continue to serve in his current positions until a successor is named and the successful transition of responsibilities has been achieved. Hildebrand said he would like to formally retire in August 2020.
“I have had the pleasure of working side by side with Bruce for the past 17 years,” said Dueser. “He is one of the most professional, dedicated, knowledgeable CFOs that I know, and he has certainly helped shape this Company to be one of the top financial institutions in the country. I look forward to working with him for another year and at the same time finding the right person to fill his position. Bruce’s assistance to me, the management team and the Board has been instrumental in our growth during his tenure. He has helped to establish a culture of service and performance, which has served our customers and shareholders well, and will serve as a sound foundation for his successor.”
The Board expects to identify and hire a successor by early 2020.
“The decision to come to First Financial Bankshares 17 years ago has been a huge blessing to my professional and personal life,” Hildebrand said. “The team at First Financial that I have had the privilege to work with is second to none. Nancy and I are looking forward to retirement so that we can spend more time with our growing family and doing mission work that we have grown to love. I look forward to helping the Company find the right person for my position and will be here for a smooth transition or in a consulting role as needed.”
Headquartered in Abilene, First Financial Bankshares Inc. is a financial holding company that through its subsidiary, First Financial Bank, N.A., operates multiple banking regions with 73 locations in Texas, including Abilene, Acton, Albany, Aledo, Alvarado, Beaumont, Boyd, Bridgeport, Brock, Burleson, Cisco, Cleburne, Clyde, Conroe, Cut and Shoot, Decatur, Eastland, El Campo, Fort Worth, Fulshear, Glen Rose, Granbury, Grapevine, Hereford, Huntsville, Keller, Kingwood, Magnolia, Mauriceville, Merkel, Midlothian, Mineral Wells, Montgomery, Moran, New Waverly, Newton, Odessa, Orange, Palacios, Port Arthur, Ranger, Rising Star, Roby, San Angelo, Southlake, Spring, Stephenville, Sweetwater, Tomball, Trent, Trophy Club, Vidor, Waxahachie, Weatherford, Willis, and Willow Park. The Company also operates First Financial Trust & Asset Management Company, N.A., with eight locations and First Technology Services, Inc., a technology operating company.