Home Energy assets Texas Capital Bancshares, Inc. – GuruFocus.com

Texas Capital Bancshares, Inc. – GuruFocus.com


DALLAS, May 16, 2022 (GLOBE NEWSWIRE) — Texas Capital Bancshares, Inc. ( TCBI), the parent company of Texas Capital Bank, today announced the appointment of Thomas E. Long to its Board of Directors, effective immediate. With the appointment of Mr. Long, the board will grow to 12 directors.

Mr. Long is currently Co-Chief Executive Officer of Energy Transfer LP, owner and operator of one of the largest and most diversified portfolios of energy assets in North America. He brings more than three decades of leadership experience in the energy industry to his new role. He previously held executive positions at Regency GP LLC, Matrix Service Company, DCP Midstream Partners and Duke Energy.

“We are delighted to welcome Tom to the Texas Capital Board,” said Larry Helm, Chairman of the Board. “Tom is a seasoned professional with a proven track record in financial leadership and deep experience in the Texas market. We look forward to benefiting from his expertise as we execute our new strategic plan and continue to provide best-in-class financial services and solutions. to our customers and to bring value to our shareholders.

Rob C. Holmes, President and Chief Executive Officer, added, “Building the right Texas Capital Bank team for the business we aspire to be was one of the core strategic tenets of our scale transformation plan. of the business, including adding additional talented individuals to our Board of Directors. Tom’s expertise and knowledge will be invaluable to Texas Capital as we continue to extend our best financial services to our clients and create additional value to build the business for the future.

Mr. Long said, “I am delighted to join Texas Capital’s Board of Directors as the company continues its commitment to becoming the leading financial services firm in Texas. I look forward to working with the entire Texas Capital Board of Directors to continue to build on the company’s 22 years of growth.

In his current role, Mr. Long oversees the company’s leadership and strategic direction in delivering energy safely and responsibly to its customers worldwide. From 2016 to 2020, he held the position of Chief Financial Officer of the Energy Transfer group. Previously, he served as Executive Vice President and Chief Financial Officer of Regency GP LLC and Vice President and Chief Financial Officer of DCP Midstream Partners. Previously, he held progressively senior management positions in subsidiaries of Duke Energy Corp., one of the nation’s largest power companies. He currently serves on the board of directors of Energy Transfer LP and as chairman of USA Compression Partners, LP.

Mr. Long earned his bachelor’s degree in accounting from Lamar University and is a certified public accountant.

About Texas Capital Bancshares

Texas Capital Bancshares, Inc. (TCBI), member of Russell 2000® Index and the S&P MidCap 400®, is the parent company of Texas Capital Bank, a full-service financial services company that provides customized solutions to businesses, entrepreneurs and individuals. Founded in 1998, the institution is based in Dallas with offices in Austin, Houston, San Antonio and Fort Worth, and has built a network of clients across the country. Capable of serving its customers throughout their life cycle, Texas Capital Bank has established commercial banking, consumer banking, investment banking and wealth management capabilities. For more information, please visit www.texascapitalbank.com. FDIC member.