ABILENE,
Texas, Jan. 10, 2023 /PRNewswire/ -- First
Financial Bankshares, Inc. (NASDAQ: FFIN) (the "Company", "First
Financial Bankshares", "we", "us" or "our") announced the election
of Michelle S. Hickox as Executive
Vice President and Chief Financial Officer to replace James R. Gordon.
"We are delighted to welcome Michelle to the Company's executive
management team and to Abilene,"
said F. Scott Dueser, Chairman,
President, and CEO. "Michelle's vast banking, accounting, and
public company knowledge, experience, and expertise, especially in
a larger bank, will be instrumental in helping us continue to
grow."
Mrs. Hickox most recently served as Chief Financial Officer of
Independent Financial Group, Inc. (IBTX) and its subsidiary,
Independent Bank, an $18 billion
publicly-traded bank holding company based in McKinney, Texas, where she led IBTX through
its initial public offering in 2013 and played a key role in ten
acquisitions during her tenure. Prior to joining IBTX, Mrs. Hickox
was an audit partner at RSM US LLP in Dallas, serving financial institutions
throughout Texas. She is a
certified public accountant and a graduate of Texas A&M University, where she currently
serves as a trustee of the 12th Man Foundation.
Mr. Gordon resigned from his position as Executive Vice
President and Chief Financial Officer, secretary and treasurer of
the Company and its affiliates and subsidiaries effective
January 9, 2023, in order to pursue
other opportunities. Mr. Gordon's resignation did not result from
any disagreement with the Company, and Mr. Gordon has agreed to
serve as a consultant to assist in the transition process.
"On behalf of our board of directors, I thank James for his
contributions and wish him much success in his future endeavors,"
said Mr. Dueser.
About First Financial Bankshares,
Inc.
Headquartered in Abilene,
Texas, First Financial Bankshares is a financial holding
company that, through its subsidiary, First Financial Bank, N.A.,
operates multiple banking regions with 79 locations in Texas, including Abilene, Acton, Albany, Aledo, Alvarado, Beaumont, Boyd, Bridgeport, Brock, Bryan,
Burleson, College Station, Cisco, Cleburne, Clyde, Conroe, Cut and Shoot, Decatur, Eastland, El
Campo, Fort Worth,
Fulshear, Glen Rose, Granbury, Grapevine, Hereford, Huntsville, Keller, Kingwood, Lumberton, Magnolia, Mauriceville, Merkel, Midlothian, Mineral
Wells, Montgomery,
Moran, New Waverly, Newton, Odessa, Orange, Palacios, Port
Arthur, Ranger,
Rising Star, Roby, San
Angelo, Southlake,
Spring, Stephenville, Sweetwater, Tomball, Trent, Trophy
Club, Vidor, Waxahachie, Weatherford, Willis, and Willow
Park. First Financial Bankshares, Inc., also operates First
Financial Trust & Asset Management Company, N.A., with ten
locations, and First Technology Services, Inc., a technology
operating company.
First Financial Bankshares, Inc., is listed on The NASDAQ Global
Select Market under the trading symbol FFIN. For more information
about First Financial Bankshares, Inc., please visit our website at
http://www.ffin.com.
Certain statements contained herein may be considered
"forward-looking statements" as defined in the Private Securities
Litigation Reform Act of 1995. These statements are based upon the
belief of the management of First Financial Bankshares, Inc. (the
"Company"), as well as assumptions made beyond information
currently available to the Company's management, and may be, but
not necessarily are, identified by such words as "expect", "plan",
"anticipate", "target", "forecast" and "goal". Because such
"forward-looking statements" are subject to risks and
uncertainties, actual results may differ materially from those
expressed or implied by such forward-looking statements. Factors
that could cause actual results to differ materially from the
Company's expectations include competition from other financial
institutions and financial holding companies; the effects of and
changes in trade, monetary and fiscal policies and laws, including
interest rate policies of the Federal Reserve Board; changes in the
demand for loans; fluctuations in value of collateral and loan
reserves; inflation, interest rate, market and monetary
fluctuations; changes in consumer spending, borrowing and savings
habits; and acquisitions and integration of acquired businesses,
and similar variables. Other key risks are described in the
Company's reports filed with the Securities and Exchange
Commission, which may be obtained under "Investor
Relations-Documents/Filings" on the Company's website or by writing
or calling the Company at 325.627.7155. Except as otherwise stated
in this news announcement, the Company does not undertake any
obligation to update publicly or revise any forward-looking
statements because of new information, future events or
otherwise.
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SOURCE First Financial Bankshares, Inc.