Cullen/Frost Announces Executive Leadership Transition

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Go back to Cullen/Frost Announces Executive Leadership Transition

Cullen/Frost Bankers (CFR) Misses Q2 EPS by 2c

July 29, 2015 9:05 AM EDT

Cullen/Frost Bankers (NYSE: CFR) reported Q2 EPS of $1.11, $0.02 worse than the analyst estimate of $1.13.

For earnings history and earnings-related data on Cullen/Frost Bankers (CFR) click here.

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Cullen/Frost Bankers (CFR) Chairman and CEO Evans to Retire

July 29, 2015 9:01 AM EDT

Cullen/Frost Bankers (NYSE: CFR) announced that Cullen/Frost Chairman and CEO Dick Evans will retire effective March 31, 2016. At that time, Cullen/Frost President Phillip D. Green will become chairman and CEO and will replace Evans on the Cullen/Frost board of directors.

"With the company's financial strength, unique culture and outstanding people, this is the right time for Cullen/Frost to move forward with an executive leadership team that will be bolstered by the addition of three veteran Frost leaders," said Evans, who has served at Frost for nearly 45 years,... More