Guaranty Financial Group (GFG) Announces Resignation of Chairman, President and CEO

November 19, 2008 6:15 PM EST

Guaranty Financial Group (NYSE: GFG), the parent company of Guaranty Bank, announced that Kenneth R. Dubuque has submitted his resignation as Chairman of the Board, President and Chief Executive Officer of the Company and the Bank, effective November 18, 2008.

Dubuque served as President and Chief Executive Officer of the Company and the Bank beginning in 1998. Under his leadership, the Company has grown into one of the leading financial services companies in the Southwest and now ranks as the second largest publicly-traded financial institution holding company headquartered in Texas ranked by asset size.

Guaranty Financial Group also announced the appointment of John T. Stuart III, a director of the Company and the Bank, as Interim Chief Executive Officer and Interim Chairman of the Board of the Company and the Bank. Mr. Stuart will serve in these interim positions until a qualified replacement can be found.
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Comments

GFG
Stock Owner on Jun 4, 2009 11:41 AM

Guaranty is like a lost ship at sea!!!


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