Officers & Directors

Management

Phillip D. Green , CHAIRMAN & CHIEF EXECUTIVE OFFICER/DIRECTOR

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Phillip D. Green serves as chairman and CEO of Cullen/Frost Bankers, Inc. and Frost Bank. Mr. Green joined the Cullen/Frost organization in July 1980 and served in a number of managerial positions in the company’s financial division before being named chief financial officer in 1995, a position he held until 2015 when he was named president of Cullen/Frost. He became chairman and CEO in 2016.

During Mr. Green’s tenure at Frost, the company has become one of the nation’s 50 largest banks and has increased its common stock dividend for 27 consecutive years. At the same time, Frost has won numerous accolades for excellence and customer service, earning the most Greenwich Excellence Awards for service to business clients among banks nationwide for six consecutive years, and receiving the highest ranking in customer satisfaction in Texas in the J.D. Power U.S. Retail Banking Study for 13 consecutive years. Frost has also ranked highly in the American Banker/Reputation Institute Survey of Bank Reputations and Forbes magazine’s list of America’s 100 Best Banks.

Mr. Green serves as chairman of the San Antonio Chamber of Commerce, and he is a founding member of the Corporate Partners for Racial Equity. He sits on the board of directors and chairs the Investment Committee of the Southwest Research Institute and on the University of Texas at Austin Chancellor’s Council Executive Committee, McCombs School of Business Advisory Council and the McCombs Scholars Program committee. As a member of the board of directors of The Tobin Center for the Performing Arts, Mr. Green serves as the vice chair and chair-elect. Mr. Green recently joined the University of Texas San Antonio Campaign Leadership Council and is a member of the Mid-Sized Bank Coalition where he is a former executive committee member. Mr. Green is a past member of the executive committee and board of trustees of the United Way of San Antonio and Bexar County. He previously served on the Federal Reserve Board’s Federal Advisory Council, serving the Fed’s 11th District.

Mr. Green graduated with honors from the University of Texas at Austin in 1977, earning a bachelor’s degree in accounting. Prior to joining Frost, he spent three years in public accounting with Ernst & Ernst. Mr. Green and his wife, Sandy, have been married for 45 years and have six grown children.

Jerry Salinas, GROUP EXECUTIVE VICE PRESIDENT & CFO

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Jerry Salinas serves as group executive vice president & chief financial officer of Cullen/Frost Bankers, Inc. and Frost Bank. Since joining Frost in1986, Salinas has held various financial positions and was named treasurer in 1997 and chief financial officer in 2015. As treasurer, he was involved in all acquisitions and capital and debt transactions. Salinas is a member of AICPA and TSCPA, San Antonio Chapter, a member of Financial Executives International, and a former board member of the Alamo Public Telecommunications Council. A San Antonio native, Salinas earned a BBA in Accounting from the University of Texas at San Antonio and is a CPA.

Paul H. Bracher, PRESIDENT, CULLEN/FROST BANKERS, INC.

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Paul Bracher is president of Cullen/Frost Bankers, Inc. and serves as Chief Banking Officer at Frost Bank, where he oversees the bank’s region presidents and serves as a steward of all of Frost’s banking activities. Since joining the bank in 1981, Bracher has also worked in commercial lending, special assets and management at Frost Bank, Liberty Frost Bank and Parkdale Bank in Corpus Christi, which became branches of Frost. Prior to his association with Frost, Bracher was with the State of Texas’ Department of Banking.

Bracher has served as chairman of the South Texas Chapter of the National Multiple Sclerosis Society, including chairing its Education Committee, and has been a member of the Tourism Council of the Greater San Antonio Chamber of Commerce. He served as chairman of the Board of Directors of Mission Road Development Center. He was a member of the budget and personnel committees of Trinity Baptist Church in San Antonio and is a past member of Rotary Club of San Antonio.

A native of Uvalde, Texas, Bracher holds a Bachelor of Science degree from Texas A&M University, graduating in 1978 with a major in agricultural economics. He and his wife, Laurie, have two children, Clint and Whitney.

Patrick B. (Pat) Frost, PRESIDENT OF FROST BANK & GROUP EXECUTIVE VICE PRESIDENT OF FROST WEALTH ADVISORS/DIRECTOR SINCE 1997

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Patrick B. Frost is president of Frost Bank. A native of San Antonio, he earned a Bachelor of Arts degree in economics from Vanderbilt University and an MBA degree from The University of Texas at Austin. He is a director of the Christus Santa Rosa Health System, former chairman of the Free Trade Alliance of San Antonio, and former chairman of the Santa Rosa Children’s Hospital Foundation. Mr. Frost is also a trustee of the San Antonio Medical Foundation and serves on the advisory board of United Way of San Antonio. He is on the executive committee of the San Antonio Livestock Exposition, and was advisory council chairman of the University of Texas at San Antonio College of Business. Mr. Frost was chair of the local organizing committee for the NCAA Men’s Final Four in 2004, 2008 and 2018, and chair of the Alamo Bowl in 2003 and 2013.

Jimmy Stead, GROUP EXECUTIVE VICE PRESIDENT - CHIEF CONSUMER BANKING OFFICER

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Jimmy Stead serves as Chief Consumer Banking Officer at Frost Bank, leading Marketing, Retail and Private Client Sales, Digital Services, Consumer Operations and the Contact Center. Jimmy joined Frost in 1999 and served previously as Director of Digital Services, and was part of the original team that brought online banking to Frost and created the Frost mobile app. He was promoted to his current role in 2017. A San Antonio native, Jimmy is a member of the Cast Tech Industry Advisory Board. He graduated magna cum laude from the University of Texas at San Antonio in 1998 with a Bachelor of Business Administration degree in accounting. He and his wife, Aimee, have three children.

Board Of Directors

Carlos Alvarez, DIRECTOR SINCE 2001

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Carlos Alvarez is chairman and CEO of The Gambrinus Co., which he founded in 1986 when he moved from his native Mexico with his family to San Antonio. Gambrinus is a leading U.S. craft brewer and marketer with breweries in Shiner, Texas (The Spoetzl Brewery) and Berkeley, Calif. (Trumer Brewery). He is committed to education and has served on the board of trustees of School Year Abroad and Saint Mary’s Hall in San Antonio and is a member of the Chancellor’s Circle for the University of Texas system. Mr. Alvarez has made significant contributions to these and other educational institutions’ endowment programs, particularly those that drive greater international engagement. He is a board member of the World Affairs Council of America and the World Affairs Council of San Antonio, which he previously served as chairman; and he serves on the board of National Public Radio and Davidson College.

Chris M. Avery, DIRECTOR SINCE 2015

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Dr. Chris M. Avery is chairman and former CEO and president of James Avery Craftsman, Inc., a family-owned company founded by his father in 1954, to create finely crafted jewelry designs. Dr. Avery has served on the James Avery Craftsman, Inc. board of directors since 1989. A licensed physician and board-certified anesthesiologist, he left his profession as chief of anesthesia at Sid Peterson Memorial Hospital in Kerrville, Texas in 1991 to assist in the transition and direction of the family business. He became president and chief operating officer in 1991 and later assumed the roles of CEO and chairman of the board in May 2007. Under his leadership, James Avery Craftsman, Inc., has become a national brand that designs, manufactures and sells jewelry in its own stores across the United States. Dr. Avery earned a bachelor’s degree in biology from Stephen F. Austin State University and a medical degree from the University of Texas Medical School at San Antonio (now the University of Texas Health Science Center at San Antonio. After an internship in orthopedic surgery, he worked as an ER physician in San Antonio and Kerrville. He completed an anesthesia residency at Medical Center Hospital in San Antonio and began his anesthesia practice in Kerrville. Dr. Avery is a former president of the Fredericksburg Hospital Authority board of directors and has served the boards of Hill Country Memorial Hospital in Fredericksburg, Texas and Sid Peterson Hospital in Kerrville.

Anthony R. Chase, DIRECTOR SINCE 2020

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Anthony R. Chase is chairman and CEO of ChaseSource LP, a staffing, facilities management, and real estate development firm. ChaseSource is recognized as one of the nation’s largest minority-owned businesses by Black Enterprise Magazine. Mr. Chase started and sold three ventures (Chase Radio Partners, Cricket Wireless and ChaseCom) and now owns and operates his fourth, ChaseSource. The first, Chase Radio Partners, founded in 1992, owned seven radio stations and was sold to Clear Channel Communications in 1998. The second was Cricket Wireless, a nationwide cell phone service provider that he started with Qualcomm in 1993. He opened the first Cricket markets in Chattanooga and Nashville. The third was ChaseCom, a company that built and operated call centers in the United States and India, which he sold to AT&T Corporation in 2007.

He is also a principal owner of the Marriott Hotel at George Bush Intercontinental Airport in Houston and the Principal Auto Toyota dealership in Memphis. Mr. Chase serves on the boards of LyondellBasell Industries N.V., Nabors Industries Ltd. and Par-Pacific Holdings Inc. He previously served on the board of Heritage-Crystal Clean, Inc. from January 2021 to May 2022. Mr. Chase is a tenured professor of law at the University of Houston Law Center.

Mr. Chase is passionate about community engagement and chairs the City of Houston/Harris County COVID-19 Relief Fund and co-chaired the City of Houston/Harris County Hurricane Harvey Relief Fund. He also serves on several non-profit boards in Houston: Houston Endowment, Greater Houston Partnership, Texas Medical Center, MD Anderson Board of Visitors, and the Greater Houston Community Foundation. Mr. Chase served as Deputy Chairman of the Federal Reserve Bank of Dallas and the Chairman of the Greater Houston Partnership. He is also a member of the Council on Foreign Relations.

A native Houstonian, Mr. Chase grew up attending Houston public schools. He is an honors graduate of Harvard College, Harvard Law School and Harvard Business School. He is also an Eagle Scout. Mr. Chase is the recipient of many awards, including the American Jewish Committee’s 2016 Human Relations Award, Houston Technology Center’s 2015 Entrepreneur of the Year, 2013 Mickey Leland Humanitarian Award (NAACP), 2013 Bob Onstead Leadership Award and the 2012 Whitney M. Young Jr. Service Award. He also received Ernst & Young’s Entrepreneur of the Year, the Pinnacle Award from Bank of America and the Baker Faculty Award (UH Law Center).

Cynthia Comparin, DIRECTOR SINCE 2018

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Cynthia J. Comparin is the founder and recently retired CEO of Animato Technologies Corp., a private company providing business and technology solutions to enterprise clients. She held various senior executive positions in multibillion-dollar global technology corporations throughout her career. Ms. Comparin’s areas of expertise include independent director corporate board experience, international business, strategy development, business development, finance and accounting (including M&A and divestitures). Ms. Comparin is an independent director of Universal Display Corp., a NASDAQ-listed company, where she serves on the audit committee. Ms. Comparin is a former independent director of Black Box Corp., a NASDAQ-listed company sold in 2019. She is a National Association for Corporate Directors fellow and board member of Latinos Corporate Directors Association. Prior to establishing Animato, Ms. Comparin created and was president of Alltel’s Enterprise Network Services Division, providing consulting, integration and operations services to worldwide customers. Before Alltel, Ms. Comparin was vice president and general manager for Nortel’s Network Transformation Services Division, general manager of Latin America for Recognition International, a global technology company, and spent 10 years in various U.S.-based and international management positions at EDS, which was later acquired by HP.

Samuel G. Dawson, DIRECTOR SINCE 2017

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Samuel G. Dawson is CEO of Pape-Dawson Engineers Inc., one of the largest engineering firms in Texas, with offices in Austin, Corpus Christi, Dallas, Fort Worth, Houston, New Braunfels and San Antonio. He graduated from The University of Texas at Austin with a Bachelor of Science degree in civil engineering. Mr. Dawson also is a community leader who has contributed countless hours to various Texas organizations. He has served as president or chairman of the Greater San Antonio Chamber of Commerce, The University of Texas Engineering Advisory Board, Trinity Baptist Church Deacon Council, The University of Texas at San Antonio Engineering Advisory Council, The Witte Museum Board, Texas Society of Professional Engineers, American Society of Civil Engineers, Rotary Club of San Antonio, San Antonio Mobility Coalition, Professional Engineers in Private Practice and Tobin Center for the Performing Arts. Mr. Dawson serves as chairman of the board of Southwest Research Institute and vice chair of its Corporate Governance Committee. He also is a member of the board of Habitat for Humanity. In 2013, Mr. Dawson was inducted into the University of Texas at Austin Cockrell School of Engineering Department of Civil, Architectural and Environmental Engineering Academy of Distinguished Alumni and in 2017 was recognized as a distinguished graduate.

Crawford H. Edwards, DIRECTOR SINCE 2005

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Crawford H. Edwards is president of Cassco Development Co. Inc. A native of Fort Worth, Mr. Edwards is the fifth generation of his family involved in managing his family’s ranching business. Since 2005, he has been engaged in the investing in and managing of commercial real estate. After graduating with a bachelor of general studies degree from Texas Christian University and the TCU Ranch Management program, he worked as a petroleum landman in Midland, Texas. Mr. Edwards serves on the board of directors of the Texas and Southwestern Cattle Raisers Association, the Southwestern Exposition Livestock Show, the National Finance Credit Corporation and Visit Fort Worth, where he is also a member of the executive committee.

Patrick B. (Pat) Frost, DIRECTOR SINCE 1997

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Patrick B. Frost is president of Frost Bank. A native of San Antonio, he earned a Bachelor of Arts degree in economics from Vanderbilt University and an MBA degree from The University of Texas at Austin. He is a director of the Christus Santa Rosa Health System, former chairman of the Free Trade Alliance of San Antonio, and former chairman of the Santa Rosa Children’s Hospital Foundation. Mr. Frost is also a trustee of the San Antonio Medical Foundation and serves on the advisory board of United Way of San Antonio. He is on the executive committee of the San Antonio Livestock Exposition, and was advisory council chairman of the University of Texas at San Antonio College of Business. Mr. Frost was chair of the local organizing committee for the NCAA Men’s Final Four in 2004, 2008 and 2018, and chair of the Alamo Bowl in 2003 and 2013.

Phillip D. Green, DIRECTOR SINCE 2016

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Phillip D. Green serves as chairman and CEO of Cullen/Frost Bankers, Inc. and Frost Bank. Mr. Green joined the Cullen/Frost organization in July 1980 and served in a number of managerial positions in the company’s financial division before being named chief financial officer in 1995, a position he held until 2015 when he was named president of Cullen/Frost. He became chairman and CEO in 2016.

During Mr. Green’s tenure at Frost, the company has become one of the nation’s 50 largest banks and has increased its common stock dividend for 27 consecutive years. At the same time, Frost has won numerous accolades for excellence and customer service, earning the most Greenwich Excellence Awards for service to business clients among banks nationwide for six consecutive years, and receiving the highest ranking in customer satisfaction in Texas in the J.D. Power U.S. Retail Banking Study for 13 consecutive years. Frost has also ranked highly in the American Banker/Reputation Institute Survey of Bank Reputations and Forbes magazine’s list of America’s 100 Best Banks.

Mr. Green serves as chairman of the San Antonio Chamber of Commerce, and he is a founding member of the Corporate Partners for Racial Equity. He sits on the board of directors and chairs the Investment Committee of the Southwest Research Institute and on the University of Texas at Austin Chancellor’s Council Executive Committee, McCombs School of Business Advisory Council and the McCombs Scholars Program committee. As a member of the board of directors of The Tobin Center for the Performing Arts, Mr. Green serves as the vice chair and chair-elect. Mr. Green recently joined the University of Texas San Antonio Campaign Leadership Council and is a member of the Mid-Sized Bank Coalition where he is a former executive committee member. Mr. Green is a past member of the executive committee and board of trustees of the United Way of San Antonio and Bexar County. He previously served on the Federal Reserve Board’s Federal Advisory Council, serving the Fed’s 11th District.

Mr. Green graduated with honors from the University of Texas at Austin in 1977, earning a bachelor’s degree in accounting. Prior to joining Frost, he spent three years in public accounting with Ernst & Ernst. Mr. Green and his wife, Sandy, have been married for 45 years and have six grown children.

David J. Haemisegger, DIRECTOR SINCE 2008

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David J. Haemisegger is president of the NorthPark Management Company, which manages NorthPark Center, a major shopping mall in Dallas. After graduating with a Bachelor of Arts degree from Princeton University in his native New Jersey, he earned an MBA degree from the Wharton School at the University of Pennsylvania. He was president and chief operating officer of the Raymond D. Nasher Company until 1995, when he became president of NorthPark Management Company. Mr. Haemisegger is president and chairman of the board of trustees and the acquisition, audit and finance committees at both the Nasher Foundation and the Nasher Sculpture Center. In addition, he is a member of the Princeton University Art Museum Advisory Council, the Duke University Art Museum Board of Advisors, the Graduate Executive Board for the Wharton School at the University of Pennsylvania, and the Director’s Council of the Harvard Art Museums. He is a former member of the board of directors and the audit, loan and executive committees of NorthPark National Bank.

Charles W. Matthews Jr., DIRECTOR SINCE 2010

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Charles W. Matthews, formerly general counsel of Exxon Mobil Corp., spent his entire career at Exxon, the world’s largest energy company. A native of Houston, he graduated from The University of Texas at Austin with a Bachelor of Arts degree in government. He also earned a J.D. degree from the University of Houston and joined Humble Oil, now known as Exxon Mobil, upon graduation. He rose in the law department to become vice president and general counsel of Exxon Mobil. He was responsible for coordinating the legal and regulatory efforts to facilitate the merger between Exxon Corp. and Mobil Corp. As general counsel, Mr. Matthews oversaw the company’s law department, consisting of more than 460 lawyers with offices in 40 countries. Mr. Matthews served as an independent director on the board of publicly traded Forestar Group Inc. He is a former member of the advisory board and past chairman of the University of Houston Law Foundation. Mr. Matthews is also past chair and past president of the University of Texas Ex-Students Association and past member of the Texas Exes Scholarship Foundation and member of the Board of the University of Texas Foundation. He served on the boards of Trinity Industries Inc., and Children’s Medical Center of Dallas. Mr. Matthews is past chair of Texas Cultural Trust, where he continues to serve on the board.

Joe Pierce, DIRECTOR SINCE 2022

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Mr. Pierce is the Senior Vice President and General Counsel of AMB Sports and Entertainment at The Blank Family of Businesses. He previously served as the Senior Vice President and Chief Legal Officer at Hornets Sports and Entertainment from October 2019 until December 2020 and served as the Vice President and General Counsel from October 2013 until October 2019.

Linda B. Rutherford, DIRECTOR SINCE 2022

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Linda B. Rutherford is Chief Administration & Communications Officer at Dallas-based Southwest Airlines. She has been with Southwest since 1992 and has responsibility over the Communications & Outreach and Culture & Engagement functions as well as People Department (human resources), Southwest Airlines University (training and leadership development) and Diversity, Equity & Inclusion. Ms. Rutherford began her Southwest career in 1992, and she has held several leadership positions, including senior vice president and chief communications officer, chief communications officer and vice president communication and outreach. Ms. Rutherford serves on several local and national nonprofit and community outreach boards. She has a Bachelor of Arts degree in journalism from Texas Tech University.