Cullen/Frost Bankers, Inc. Announces Board Changes
January 29, 2018 at 05:05 pm
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On January 24, 2018, Ruben M. Escobedo notified Cullen/Frost Bankers, Inc. (Cullen/Frost) of his decision not to stand for re-election to the board of directors of Cullen/Frost (the board) when his term expires at Cullen/Frost's 2018 annual meeting of shareholders on April 25, 2018. Mr. Escobedo is the chairperson of Cullen/Frost's audit committee and is also a member of the compensation and benefits committee and the corporate governance and nominating committee. Also on January 24, 2018, R. Denny Alexander notified Cullen/Frost of his decision not to stand for re-election to the board when his term expires at the annual meeting on April 25, 2018. Mr. Alexander is a member of the wealth advisors committee of Frost Bank and has also served on the strategic planning committee of Cullen/Frost.
Cullen/Frost Bankers, Inc. is a financial holding and bank holding company. The Company's segments include Banking and Frost Wealth Advisors. The Banking segment includes both commercial and consumer banking services and Frost Insurance Agency. Its commercial banking services are provided to corporations and other business clients and include a range of lending and cash management products. Its consumer banking services include direct lending and depository services. Its Frost Insurance Agency provides insurance brokerage services to individuals and businesses covering corporate and personal property and casualty products, as well as group health and life insurance products. The Frost Wealth Advisors segment includes fee-based services within private trust, retirement services, and financial management services, including personal wealth management and securities brokerage services. The Company serves a range of industries, including energy, manufacturing, construction, and others.
CULLEN/FROST BANKERS, INC. 
