Texas Capital Bancshares Inc
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Financials : Banks | Small Cap Growth
Company profile

Texas Capital Bancshares, Inc. is a bank holding and a financial holding company. The Company is the parent of Texas Capital Bank, National Association (the Bank). It offers a range of loan, deposit account and other financial products and services to its customers. It offers a range of products and services for its business customers, including commercial loans for general corporate purposes, including financing for working capital, internal growth, acquisitions and financing for business insurance premiums; medium- and long-term tax-exempt loans for municipalities and other governmental and tax-exempt entities; wealth management and trust services, and letters of credit. It also provides banking services for its individual customers, including personal wealth management and trust services; certificates of deposit; interest-bearing and non-interest-bearing checking accounts; traditional money market and savings accounts; loans, both secured and unsecured, and Internet banking.


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JPMorgan Chase Appoints Stephen B. Burke as Lead Independent Director

4:20 pm ET September 15, 2020 (BusinessWire) Print

The Board of Directors of JPMorgan Chase & Co. today announced that the independent directors of the Board have appointed Stephen B. Burke as Lead Independent Director, effective January 1, 2021, succeeding Lee Raymond in that role.

Mr. Burke was selected unanimously by the independent directors of the Board, in recognition of his leadership experience, in-depth knowledge of the Firm and its business, strong financial and operational track record and demonstrated independent judgment, integrity and commitment to the role. Having served as a director of JPMorgan Chase since 2004, he has broad experience, including through the 2008 financial crisis and the COVID-19 pandemic. As Lead Independent Director, Mr. Burke will assume all the duties and responsibilities of that position, including presiding over executive sessions of independent directors and approving agendas for Board meetings.

Mr. Raymond said that "the change announced today reflects a thoughtful and deliberate process by the independent directors of the Board who strongly believe that Mr. Burke's experiences and abilities make him particularly qualified to lead the Board and provide effective oversight of management." Jamie Dimon, Chairman and CEO, added, "Steve is a true leader. He brings to this role his strong integrity, inquisitiveness, collaborative approach and willingness to challenge. We thank him for accepting this new responsibility." Mr. Burke said, "I am honored to be selected by my colleagues for this new role. I look forward to building on the Board's strong record on behalf of shareholders."

Mr. Dimon added, "We also want to thank Lee Raymond for his dedicated service as Lead Independent Director and his continuing service on the Board and as Chairman of the Compensation and Management Development Committee. Lee is a man of extraordinary character and intellect. He embodies exactly what we want in a Lead Director - complete intellectual independence, a deep understanding of strategy and people and extraordinary tough-mindedness. There is no question that we are a far better company because of him."

Mr. Burke will continue to serve as Chair of the Board's Corporate Governance and Nominating Committee and member of the Compensation and Management Development Committee.

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.2 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of customers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200915006264/en/

SOURCE: JPMorgan Chase & Co.

Investor Contact: Jason Scott

Media Contact: Joseph Evangelisti
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