Matt Scurlock, the current executive vice president and corporate treasurer of Texas Capital Bancshares, the parent company of Texas Capital Bank, will transition into the role of executive vice president and CFO on Jan. 1.
Scurlock will replace Julie Anderson as CFO. Anderson has been with the bank for 22 years, having served as controller, chief accounting officer and, most recently, CFO. She will remain in an advisory capacity to provide support for the transition until March 31.
“Julie has been a very important part of Texas Capital Bank since 1999, and we thank her for her years of service,” Holmes said. “As Matt transitions into the role of chief financial officer, I am confident he will continue to be an exceptional leader who upholds the values needed to optimize our financial performance and provide results to our investors with a renewed vigor as we grow and continue to transform.”
Over the course of his career, Scurlock has served in leadership positions across the corporate finance, risk and treasury sectors. Prior to Texas Capital Bank, he worked for Deloitte & Touche, where he provided strategic consulting to financial services clients, and for Zions Bancorporation, where he served as a leader in its corporate finance group. Scurlock has led the implementation of key initiatives and overseen Texas Capital Bank’s budget and investments to promote growth. Since the arrival of president and CEO Rob C. Holmes, Scurlock has been deeply integrated in the development and execution of Texas Capital Bancshares’ strategic plan.
As CFO, Scurlock will become a permanent member of Texas Capital Bank’s operating committee and will be responsible for all accounting and financial reporting functions, as well as financial planning and analysis, capital planning and funds management. He will oversee the bank’s finance, accounting, investor relations and strategic sourcing departments, and will report directly to Holmes. Additionally, Scurlock will serve on the board of directors for the Texas Capital Community Development Corporation, a wholly-owned subsidiary of Texas Capital Bank whose purpose is to lend and invest in economic development for underserved communities.
“Since Rob’s arrival, I have had the privilege of working closely with him and the operating committee to help craft the bank’s vision, goals and strategy,” Scurlock said. “I am thrilled to serve our organization and investors in this new capacity and look forward to partnering with the management team to deliver on our firm-wide commitments.”
Scurlock joined Texas Capital Bank in 2013. He led the development of the bank’s capital analytics and stress testing group and served as director of finance and as executive vice president and corporate treasurer. In his most recent role, Scurlock was responsible for managing the bank’s corporate finance, investor relations, corporate treasury and corporate strategy initiatives.
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