DALLAS--(BUSINESS WIRE)--
Dallas-based Hilltop Holdings Inc. (NYSE: HTH) today announced the
appointment of William B. Furr as chief financial officer (CFO)
effective September 1, 2016. In his new role, Furr will oversee all
accounting and finance functions for Hilltop at the holding company
level, including accounting, tax, external reporting, treasury,
financial planning and analysis, capital planning, stress testing, and
Sarbanes-Oxley (SOX) compliance. As CFO, he will be actively involved
with the Hilltop Holdings Board of Directors, external auditors,
regulators, and investors. Darren Parmenter, Hilltop’s current principal
financial officer, will move to the new role of chief administrative
officer for Hilltop Holdings effective September 1, 2016.
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William B. Furr, Chief Financial Officer, Hilltop Holdings Inc. (Photo: Business Wire)
“Will brings more than 15 years of experience in banking and finance to
our executive leadership team,” said Jeremy B. Ford, president and CEO
of Hilltop Holdings. “His diverse experience in strategic, business and
financial planning will bring fresh perspective to Hilltop as we
continue to pursue our growth objectives. Will is a proven finance
leader with deep expertise in performance management that will be a
great asset to our company as we seek to improve productivity and
efficiency across our four complementary business segments – banking,
residential mortgage, brokerage, and property and casualty insurance.”
Furr joins Hilltop from Cleveland-based KeyCorp (NYSE: KEY), where he
served as executive vice president, community bank CFO, led KeyCorp’s
financial planning and analysis group, and provided financial support
for KeyCorp’s support and administrative functions.
During his time at KeyCorp, Furr was named among the Crain’s Cleveland
Business CFO of the Year Class of 2015 honoring top financial
officers for outstanding financial leadership, asset management and
strategic vision.
Prior to his tenure at KeyCorp, Furr served in various financial
leadership roles at Regions Financial Corporation (NYSE: RF) including
business lines CFO and consumer services CFO. In addition, he also
provided financial oversight for technology, operations, marketing, and
corporate facilities. Previously, he held several roles with Bank of
America Corporation, including senior vice president, finance,
specializing in global middle market banking, global liquidity &
treasury services, and mass market strategy & product innovation.
“Hilltop Holdings’ unique corporate culture, impressive track record of
value creation, and dynamic growth plans make this an exceptional
opportunity,” said Furr. “I look forward to joining the Hilltop
leadership team and working with its experienced business unit leaders
as we seek to deliver on its strategic vision to build the premier
Texas-based financial services company by creating significant
shareholder and customer value.”
Furr holds a Bachelor of Science in Business Administration in finance
from the University of North Carolina at Charlotte and a Master of
Business Administration from the University of Chicago. Currently a
resident of Gates Mills, Ohio, Furr and his family will relocate to
Texas, and he will join Hilltop Holdings at its headquarters location in
Dallas.
About Hilltop Holdings
Hilltop Holdings is a Dallas-based financial holding company. Through
its wholly owned subsidiary, PlainsCapital Corporation, a regional
commercial banking franchise, it has two operating subsidiaries:
PlainsCapital Bank and PrimeLending. Through its wholly owned
subsidiaries, Hilltop Securities Inc. and Hilltop Securities Independent
Network Inc., it provides a full complement of securities brokerage,
institutional and investment banking services in addition to clearing
services and retail financial advisory. Through Hilltop Holdings’ other
wholly owned subsidiary, National Lloyds Corporation, it provides
property and casualty insurance through two insurance companies,
National Lloyds Insurance Company and American Summit Insurance Company.
At June 30, 2016, Hilltop employed approximately 5,400 people and
operated approximately 450 locations in 44 states. Hilltop Holdings'
common stock is listed on the New York Stock Exchange under the symbol
"HTH." Find more information at Hilltop-Holdings.com,
PlainsCapital.com,
PrimeLending.com,
Nationallloydsinsurance.com
and HilltopSecurities.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160824005247/en/
Hilltop Holdings Inc.
Media Contact:
Jennifer Sterns,
214-252-4066
jennifer.sterns@plainscapital.com
or
Investor
Relations Contact:
Isabell Novakov, 214-252-4029
inovakov@plainscapital.com
Source: Hilltop Holdings Inc.