Business
Texas Capital Bancshares, Inc. Announces Executive Leadership Appointments
Nancy McDonnell Named Executive Vice President, Head of Treasury Services Tim Storms Named Executive Vice President, Head of Risk Transformation DALLAS, Jan.
About this update from Texas Capital Bancshares, Inc.
[{"type":"text","content":"Nancy McDonnell Named Executive Vice President, Head of Treasury Services Tim Storms Named Executive Vice President, Head of Risk Transformation DALLAS, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Texas Capital Bank, N.A., and its parent company Texas Capital Bancshares, Inc. (NASDAQ: TCBI), collectively referred to herein as “Texas Capital Bank,” today announced executive leadership appointments, effective immediately, to enhance the Company’s depth of talent and support long-term strategy development. Nancy McDonnell has been appointed to the newly created position of Executive Vice President, Head of Treasury Services. In this role, Ms. McDonnell will lead all aspects of Texas Capital Bank’s treasury and liquidity businesses. Ms. McDonnell brings three decades of senior leadership experience, having served as Global Head of Commercial Banking Treasury & Security Services and other senior client roles at JPMorgan Chase & Co. until she retired in 2020. She brings a diverse and well-rounded skill set and subject matter expertise that will support Texas Capital Bank in managing top client and prospect opportunities, training treasury management officers and bolstering an innovative, solutions-focused organization. Tim Storms has been appointed to the newly created position of Executive Vice President, Head of Risk Transformation. Mr. Storms will provide strategic support to our risk management team including John Turpen, Chief Risk Officer. Mr. Storms worked at JPMorgan Chase & Co. and its predecessor firms for nearly 38 years, serving as Chief Credit Officer of Commercial Banking and most recently serving as Chief Risk Officer of Commercial Banking’s Real Estate businesses, until he retired in 2019. In his new role, Mr. Storms will be focused on maintaining an effective control environment for all Texas Capital Bank risk while reinforcing strong practices and discipline across the organization. Both Ms. McDonnell and Mr. Storms will report directly to Rob C. Holmes, President and Chief Executive Officer of Texas Capital Bank. “I am pleased to welcome two strong executives, of impeccable character, each of whom brings decades of experience and records of demonstrated success across global platforms,” said Rob C. Holmes, President and Chief Executive Officer of Texas Capital Bank. “I am confident that we will benefit from their expertise an...