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We are delighted to announce our placement of John Turpen as Chief Risk Officer for Texas Capital Bancshares, Inc. (NASDAQ: TCBI)

DALLAS – Aug. 6, 2018 – Texas Capital Bancshares Inc. (NASDAQ®: TCBI), the parent company of Texas Capital Bank, announced today that John D. Hudgens will step down as chief risk officer of Texas Capital Bank in September 2018 and will resign as chief risk officer of Texas Capital Bancshares, effective December 31, 2018. Hudgens will serve as a vice chairman until his retirement in August 2019.

Veteran banker John Turpen has been named the new chief risk officer of Texas Capital Bank, effective September 10, 2018. He will assume the role of chief risk officer of Texas Capital Bancshares on January 1, 2019. Hudgens and Turpen will work together the rest of the year to ensure an effective transition.

“John’s business acumen and commitment to developing a strong risk management culture have made him integral to our success as one of the fastest-growing and most successful banks in the country,” said C. Keith Cargill, president and CEO. “He has played an instrumental role in executing many strategic initiatives and strengthening the foundation of the bank. It has been an honor to partner alongside him for the last 20 years, and we wish him the best in his retirement.”

Hudgens joined the bank in 1999 and became chief risk officer in 2009.
Turpen most recently served as chief risk officer for corporate and commercial banking at U.S. Bancorp, the country’s fifth largest commercial bank. He led all risk activities for the $102 billion corporate and commercial banking division, which consisted of 14 business units, including lending activities, commercial real estate, fixed income, capital markets, international banking, foreign exchange and treasury management.

Turpen, who will be relocating to Dallas, joined U.S. Bancorp in 2009 after holding a number of progressively senior positions in credit, risk and strategic planning at HSBC and Wells Fargo. He earned a bachelor’s degree and an MBA from Drake University.

“His leadership experience across the risk and credit spectrum with some of the nation’s largest banks makes him uniquely qualified to build on our successful legacy. We look forward to working together and know he will make an outstanding addition to our executive team,” Cargill said.

Texas Capital Bancshares, Inc. (NASDAQ®: TCBI), a member of the Russell 1000® Index and the S&P MidCap 400®, is the parent company of Texas Capital Bank, a commercial bank that delivers highly personalized financial services to businesses and entrepreneurs. Headquartered in Dallas, the bank has full-service locations in Austin, Dallas, Fort Worth, Houston and San Antonio.

Chartwell Partners is a national, retained boutique search firm specializing in executive leadership recruitment. Chartwell Partners was founded in 2005 and is comprised of expert teams to serve a range of industries from its principal offices in Dallas and Chicago. Chartwell’s Financial Services Team leads executive search engagements for Financial Institutions with $500M to $100B+ in assets, such as Regional Banks, Commercial and Community Banks, Private Banking, and Wealth Management Firms. Industry knowledge and network access drive the Financial Services team’s process to recruit senior executives for culture compatibility and leadership longevity. Chartwell’s Financial Services team completed 32 executive recruitments in 2017.

Learn more about Chartwell Partners: www.chartwellpartners.com