Banknotes: Texas Capital Bancshares announces changes

Texas Capital Bancshares Inc., the parent company of Texas Capital Bank, recently made additional promotions in its planned succession after the retirement of Texas Capital Bancshares CEO George Jones at the end of 2013. Peter Bartholow has assumed the role of chief operating officer of Texas Capital Bank and will continue in his current role as chief financial officer, Texas Capital Bancshares Inc. He will remain a director of Texas Capital Bank, Texas Capital Bancshares and BankDirect Capital Finance.

Vince Ackerson has been named president, Texas and chief lending officer of Texas Capital Bank. As Texas president, he will supervise all regional leadership and oversight of treasury management. Ackerson also will assume the duties of the chief lending officer for the bank and maintain supervision of mortgage finance. Julie Anderson has been named chief financial officer, Texas Capital Bank, including management of financial planning and funds management. She will continue in her current position as manager of all accounting and external financial reporting as controller of Texas Capital Bancshares. Russell Hartsfield has been named president, Dallas Region. His new responsibilities will include management of real estate and commercial banking. He will continue to oversee corporate banking, lender finance and leasing for the Dallas region. Keith Cargill, president and CEO of Texas Capital Bank and COO of Texas Capital Bancshares, said, “This is an orderly transition, which will continue to provide continuity to our customers and opportunities within our company for everyone to continue our 15 years of consecutive growth.” Texas Capital Bancshares Inc. trades on the Nasdaq under the symbol TCBI and is a member of the Russell 2000 Index and the S&P SmallCap 600. Headquartered in Dallas, Texas Capital Bank has full-service locations in Austin, Dallas, Fort Worth, Houston and San Antonio.

Shelby named to LegacyTexas board Bank executive Aaron Shelby has been appointed to the board of LegacyTexas Bank. Shelby joined the local community bank in 2003 and is an executive vice president and member of the senior management team. He brings to the board a background in both banking and business, and his appointment continues the Shelby family’s tradition of association with the bank. His father, Patrick Shelby, has been chairman of the LegacyTexas board for more than 25 years. Aaron Shelby is a 1994 graduate of Santa Clara University and is on the board of the Dallas Children’s Theater.

Hultgren joins Three Part Advisors Donald W. Hultgren has joined the capital markets advisory firm Three Part Advisors LLC as president and will lead the investor relations and corporate development practices. Hultgren serves on the board of Wedbush Securities, a regional brokerage firm, and on the strategic advisory board of the CFA Society of Dallas-Fort Worth. Previously, he was president and CEO of SWS Group, the parent company of Southwest Securities. Prior to that, he was the director of equity research at Raymond James and Associates, where he founded the firm’s health care research practice. Hultgren is on the national investment committee for the American Heart Association.

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Colonial Savings adds Davis Veteran banker Brent Davis has joined Colonial Savings F.A. as DFW Commercial Bank president. Davis will be responsible for all consumer and commercial bank products and services and will develop and direct the cultivation of Colonial’s bank services to augment the company’s mortgage business in the Metroplex. Davis has more than 20 years of experience in commercial and retail banking. He most recently was senior vice president/relationship manager for Frost Bank in Fort Worth. He earned a bachelor’s degree in accounting from Abilene Christian University and is an alumnus of the Southwestern Graduate School of Banking. He has held leadership positions at The Parenting Center, the William Mann Certified Development Corp., Tarrant Bankers Association, Habitat for Humanity, North Fort Worth Rotary, Adopt-a-School and Junior Achievement.

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