SAN ANTONIO, July 29 /PRNewswire-FirstCall/ -- Charles W. Matthews, former general counsel of
Exxon and Exxon Mobil Corporation, has been named to the board of
directors of Cullen/Frost Bankers, Inc., the financial holding
company of Frost, as a
Houston director.
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Matthews spent his entire career at Exxon, the world's largest
energy company, joining the company's law department in 1971 and
rising to become vice president and general counsel of Exxon Mobil
Corporation. Among many career highlights, he was responsible for
coordinating the legal and regulatory efforts to facilitate the
merger between Exxon Corporation and Mobil Corporation. As general
counsel, he oversaw the company's law department, consisting of
more than 460 lawyers with offices in 40 countries. He was the 11th
general counsel in Exxon's 125-year history. Matthews retired from
Exxon Mobil Corporation earlier this year and is a native
Houstonian.
"Not only does Charles Matthews
bring tremendous depth of experience and unparalleled expertise to
our board; he also fits well with our corporate culture," said
Dick Evans, chairman and CEO of
Cullen/Frost Bankers, Inc. in announcing the appointment. "He
was part of the executive management team of one of the world's
largest corporations for many years. We are extremely pleased to
welcome him as a Houston
director."
A 1967 graduate of the University of Texas
at Austin, Matthews earned a J.D. degree from the
University of Houston. He is an
active member of the American, Texas, Houston and Dallas Bar Associations and a Bar
Foundation Fellow. He serves on the board of the National Center
for State Courts and has served as co-chair of its General Counsel
Committee. He serves on the board of The Center for American
and International Law, where he has served as vice-chairman, and on
the board of the Texas Judicial Foundation and also served on the
board of the Texas Center for Legal Ethics and Professionalism.
He is also a former member of the board of overseers of the
Rand Institute for Civil Justice. In 2008, the Texas Supreme Court
appointed him for a second term as Commissioner of the Texas Access
to Justice Commission.
Matthews has served as a national trustee for the Southwestern
Region of The Boys and Girls Clubs of America and received the
organization's Chairman's Award and National Service to Youth
Award. He has also served on the board of directors of the AT&T
Cotton Bowl. He is a member of the advisory board and the
past chairman of the University of
Houston Law Foundation. He is chair-elect of the
University of Texas Development board
and is a member of the board of the University
of Texas System Foundation.
He is a recipient of the Distinguished Alumni Award from the
University of Houston as well as the
Alumnus of the Year Award from the University
of Houston Law Center. Matthews received the Robert H.
Dedman award for Ethics and Law by the Dedman School of Law at
SMU and the DFW Texas General Counsel
Forum. The National Judicial College, where he serves as a member
of the Board of Visitors, has established a Judicial Scholarship in
his honor.
Cullen/Frost Bankers, Inc. (NYSE: CFR) is a financial holding
company, headquartered in San
Antonio, with assets of $17.1
billion at June 30, 2010.
The corporation provides a full range of commercial and
consumer banking products, investment and brokerage services,
insurance products and investment banking services. Frost operates more than 110 financial centers
across Texas in the Austin, Corpus
Christi, Dallas,
Fort Worth, Houston, Rio Grande Valley and San Antonio regions. Founded in 1868,
Frost is the largest Texas-based banking organization that operates
only in Texas, with a
legacy of helping clients with their financial needs during three
centuries.
Renee Sabel
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Frost
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210.220.5416
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or
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Stuart Wade
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Fleishman-Hillard
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512-751-1142
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SOURCE Cullen/Frost Bankers, Inc.