Cullen/Frost Bankers, Inc. (NYSE:CFR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

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 (the “Annual Meeting”) 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.

Item 7.01Regulation FD Disclosure

Attached, as Exhibit 99.1 and incorporated into this item by reference, is a press release issued by Cullen/Frost on January29, 2018. The information furnished by Cullen/Frost to this item shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liability of that section, and shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934.

Item 9.01Financial Statements and Exhibits

(d)Exhibits:

CULLEN/FROST BANKERS, INC. Exhibit
EX-99.1 2 exhibit991-pressrelease1q1.htm EXHIBIT 99.1 BOARD CHANGES PRESS RELEASE Exhibit Exhibit 99.1For more information:Bill Day210-220-5427 office210-288-5498 mobileCULLEN/FROST BANKERS ANNOUNCES RETIREMENT OF TWO DIRECTORSSAN ANTONIO,…
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About Cullen/Frost Bankers, Inc. (NYSE:CFR)

Cullen/Frost Bankers, Inc. is a financial holding and bank holding company. The Company, through its subsidiaries, offers commercial and consumer banking services, as well as trust and investment management, insurance, brokerage, mutual funds, leasing, treasury management, capital markets advisory and item processing services. It serves various industries, such as energy, manufacturing, services, construction and retail. It operates through two segments, which include Banking and Frost Wealth Advisors. Its Banking segment includes both commercial and consumer banking services, Frost Insurance Agency and Frost Securities. Its Banking segment offers commercial banking services, such as lending and cash management products to corporations and other business clients. Its 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.