ABILENE,
Texas, May 20, 2024 /PRNewswire/ -- The
Board of Directors of First Financial Bankshares, Inc. (NASDAQ:
FFIN) announced today the appointment of Sally Pope Davis to the Company's Board of
Directors. Ms. Davis was also appointed to the Board of Directors
of First Financial Bank. She retired from Goldman Sachs in
April 2024 after a 34-year career at
the firm.
"Sally co-led one of the industry's largest U.S. small cap value
funds during her tenure at Goldman Sachs Asset Management, while
also having specific responsibility for and expertise in
investments across the financial sector, including banks, thrifts,
insurance companies, mortgage, capital markets and specialty
finance. We are extremely honored to welcome her to the First
Financial Bankshares Board of Directors," said F. Scott Dueser, Chairman, President and CEO of
First Financial. "Sally is a member of the CFA Society New York and
the CFA Institute, and a past president of the Bank and Financial
Analysts Association. We look forward to having her knowledge,
experience and direction on the Company's board as one of the top
financial investors in the country."
Davis joined Goldman Sachs in 1989 and spent her first ten years
at the firm as a sell-side research analyst covering U.S. regional
banking companies. Previously, she was a sell-side bank analyst at
Brown Brothers Harriman. Davis began her career at Chase Manhattan
Bank in 1981, where she was a Vice President in capital planning
and also held positions in corporate finance, specializing in
financial institutions.
Ms. Davis is an experienced and in-demand public speaker, which
includes giving presentations to boards of directors, senior
management and leadership, risk management and investment groups.
She has been a frequent participant on conference investor panels,
has made appearances on CNBC, and has been quoted often in the
financial press.
Ms. Davis holds degrees in finance (B.S., 1979) from the
University of Connecticut and business
administration (MBA, 1981) from the University
of Chicago Graduate School of Business.
About First Financial Bankshares, Inc.
Headquartered
in Abilene, Texas, First Financial
Bankshares is a financial holding company that, through its
subsidiary, First Financial Bank, 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,
Franklin, 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, with nine
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.