CapStar Announces CFO Transition
September 21 2020 - 11:00AM
CapStar Financial Holdings (NASDAQ: CSTR) and CapStar Bank
announced today, that due to an unexpected family health matter,
Mike Fowler has requested to step down as Chief Financial Officer
and assume the position of Treasurer.
“Mike is a tremendous addition to our team and has served as a
significant contributor since joining CapStar in July,” said Tim
Schools, CapStar’s president and CEO. “We fully support Mike and
his decision to prioritize family during a difficult time. While
our immediate focus is on his family, we look forward to Mike
continuing to benefit our company as we work to strengthen net
interest margin and profitability over time.”
Accordingly, CapStar announces that Denis Duncan has been
appointed Chief Financial Officer, effective September 21,
2020.
Denis recently retired from PricewaterhouseCoopers, LLP (PwC)
where he was a senior banking and capital markets partner and
previously served as the Partner-in-Charge of the firm’s southeast
banking practice where he was lead partner for numerous PwC
financial services clients including Union Planters, SunTrust,
Edward Jones and Legg Mason. He brings extensive experience
advising major money-center banks, regional and community banks,
broker-dealers, asset managers, and insurance and real estate
companies.
“We are excited to welcome Denis,” said Schools. “I have had the
pleasure of working with Denis for over fifteen years on three
occasions where he was a valuable partner in assisting us in
improving and growing our companies. He is well versed in
accounting, finance, risk management, industry regulations, and
corporate governance and will be instrumental as we strive to
improve CapStar’s financial and common stock performance relative
to industry averages.”
Denis currently serves as the Treasurer and a Board Member of
the Atlanta Downtown Rotary, and as a Trustee of Oglethorpe
University. He has been a previous director of YMCA of Metro
Atlanta, Atlanta Opera, Grady Hospital Board of Visitors, and
Tennessee Golf Association. He graduated summa cum laude with a
bachelor’s degree from Lipscomb University in Nashville.
About CapStar Financial Holdings, Inc.CapStar
Financial Holdings, Inc. is a bank holding company headquartered in
Nashville, Tennessee and operates primarily through its wholly
owned subsidiary, CapStar Bank, a Tennessee-chartered state bank.
CapStar Bank is a commercial bank that seeks to establish and
maintain comprehensive relationships with its clients by delivering
customized and creative banking solutions and superior client
service. As of June 30, 2020, on a consolidated basis, CapStar had
total assets of $2.45 billion, gross loans of $1.59 billion, total
deposits of $2.10 billion, and shareholders’ equity of $282.0
million. Visit www.capstarbank.com for more information.
For more information, contact:Nicole Gibbs, (423)
457-4579nicole.gibbs@capstarbank.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/d680647c-f1e1-479c-8fb3-4eae9f9a68b1
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