Cullen/Frost Bankers Management
Management criteria checks 4/4
Cullen/Frost Bankers' CEO is Phil Green, appointed in Apr 2016, has a tenure of 8.5 years. total yearly compensation is $6.49M, comprised of 18.5% salary and 81.5% bonuses, including company stock and options. directly owns 0.2% of the company’s shares, worth $16.56M. The average tenure of the management team and the board of directors is 8.5 years and 7 years respectively.
Key information
Phil Green
Chief executive officer
US$6.5m
Total compensation
| CEO salary percentage | 18.5% |
| CEO tenure | 8.5yrs |
| CEO ownership | 0.2% |
| Management average tenure | 8.5yrs |
| Board average tenure | 7yrs |
Recent management updates
Recent updates
Cullen/Frost: Earnings Remain Subdued, But The Valuation Is Still Attractive
Aug 26Cullen/Frost Bankers' (NYSE:CFR) Dividend Will Be Increased To $0.95
Jul 28
Cullen/Frost Bankers: There Are Better Opportunities Out There At This Time
Feb 12Cullen/Frost Bankers' (NYSE:CFR) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 23Cullen/Frost Looks Undervalued As Funding Cost Pressure Subsides
Nov 18Cullen/Frost Bankers' (NYSE:CFR) Shareholders Will Receive A Bigger Dividend Than Last Year
Oct 29Cullen/Frost Bank: Phenomenal Buying Opportunity For This Quality Texas Bank
Sep 11Cullen/Frost Bankers (NYSE:CFR) Is Increasing Its Dividend To $0.92
Aug 29Cullen/Frost Bankers' (NYSE:CFR) Upcoming Dividend Will Be Larger Than Last Year's
Jul 31Here's Why We Think Cullen/Frost Bankers (NYSE:CFR) Might Deserve Your Attention Today
Jul 18Holding On To Cullen/Frost Bankers, A Strong But Overvalued Texas Bank
Jul 03Do Cullen/Frost Bankers' (NYSE:CFR) Earnings Warrant Your Attention?
Apr 10Cullen/Frost Looks Unexpectedly Interesting
Feb 09Cullen/Frost Bankers Q4 2022 Earnings Preview
Jan 25With EPS Growth And More, Cullen/Frost Bankers (NYSE:CFR) Makes An Interesting Case
Dec 02Cullen/Frost Bankers GAAP EPS of $2.59 beats by $0.37, revenue of $479.34M beats by $40.17M
Oct 27Cullen/Frost Bankers: A Well-Run But Far From Cheap Bank
Sep 06Cullen/Frost Bankers goes ex-dividend tomorrow
Aug 29Cullen/Frost Bankers' (NYSE:CFR) Upcoming Dividend Will Be Larger Than Last Year's
Jul 31Cullen/Frost Bankers Q2 2022 Earnings Preview
Jul 27Cullen/Frost Bankers: Expense Growth To Counter Strong Top-Line Growth
Jun 17Cullen/Frost: Stretched Valuation, Can't See Fundamental Value
Mar 24CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | US$527m |
| Mar 31 2024 | n/a | n/a | US$543m |
| Dec 31 2023 | US$6m | US$1m | US$585m |
| Sep 30 2023 | n/a | n/a | US$673m |
| Jun 30 2023 | n/a | n/a | US$687m |
| Mar 31 2023 | n/a | n/a | US$645m |
| Dec 31 2022 | US$6m | US$1m | US$567m |
| Sep 30 2022 | n/a | n/a | US$478m |
| Jun 30 2022 | n/a | n/a | US$417m |
| Mar 31 2022 | n/a | n/a | US$416m |
| Dec 31 2021 | US$5m | US$927k | US$432m |
| Sep 30 2021 | n/a | n/a | US$421m |
| Jun 30 2021 | n/a | n/a | US$409m |
| Mar 31 2021 | n/a | n/a | US$386m |
| Dec 31 2020 | US$4m | US$1m | US$320m |
| Sep 30 2020 | n/a | n/a | US$334m |
| Jun 30 2020 | n/a | n/a | US$349m |
| Mar 31 2020 | n/a | n/a | US$365m |
| Dec 31 2019 | US$5m | US$1m | US$432m |
| Sep 30 2019 | n/a | n/a | US$447m |
| Jun 30 2019 | n/a | n/a | US$453m |
| Mar 31 2019 | n/a | n/a | US$453m |
| Dec 31 2018 | US$5m | US$990k | US$444m |
| Sep 30 2018 | n/a | n/a | US$425m |
| Jun 30 2018 | n/a | n/a | US$401m |
| Mar 31 2018 | n/a | n/a | US$375m |
| Dec 31 2017 | US$4m | US$975k | US$354m |
Compensation vs Market: Phil's total compensation ($USD6.49M) is about average for companies of similar size in the US market ($USD8.00M).
Compensation vs Earnings: Phil's compensation has been consistent with company performance over the past year.
CEO
Phil Green (69 yo)
8.5yrs
Tenure
US$6,487,854
Compensation
Mr. Phillip D. Green, also known as Phil, has been the Chairman and Chief Executive Officer of Cullen/Frost Bankers, Inc. since April 01, 2016 and served as its President since January 28, 2015 until March...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 8.5yrs | US$6.49m | 0.20% $ 16.6m | |
| President | 8.5yrs | US$2.04m | 0.23% $ 19.0m | |
| Group Executive VP | 9.8yrs | US$2.02m | 0.097% $ 8.1m | |
| Group Executive VP and Chief Consumer Banking Officer & Technology Officer | no data | US$1.94m | 0.021% $ 1.7m | |
| Group Executive VP | 3.1yrs | US$1.73m | 0.0012% $ 100.5k | |
| Director of Investor Relations | 6.3yrs | no data | no data | |
| Group Executive VP & Chief Human Resources Officer | 8.5yrs | no data | 0.044% $ 3.7m | |
| Senior Vice President of Private Client Services for Allen Financial Center | 19.3yrs | no data | no data | |
| Executive VP & Director of External Reporting | no data | no data | no data | |
| Group Executive Vice President of Research & Strategy | 23.4yrs | no data | 0.070% $ 5.9m | |
| Group Executive Vice President of Culture & People Development | 9.3yrs | no data | 0.059% $ 4.9m | |
| Group Executive VP & Chief Risk Officer | 5.8yrs | no data | 0.027% $ 2.2m |
8.5yrs
Average Tenure
60yo
Average Age
Experienced Management: CFR's management team is seasoned and experienced (8.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & CEO | 8.5yrs | US$6.49m | 0.20% $ 16.6m | |
| Independent Director | 4.5yrs | US$181.48k | 0% $ 0 | |
| Independent Lead Director | 14.3yrs | US$248.98k | 0.0047% $ 389.7k | |
| Independent Director | 6.3yrs | US$184.98k | 0.0016% $ 129.6k | |
| Independent Director | 18.9yrs | US$174.98k | 0.40% $ 33.4m | |
| Independent Director | 2.5yrs | US$181.48k | no data | |
| Independent Director | 8.8yrs | US$177.48k | 0.062% $ 5.2m | |
| Independent Director | 7.8yrs | US$181.48k | 0.0088% $ 727.9k | |
| Independent Director | 16yrs | US$173.98k | 0.000030% $ 2.5k | |
| Independent Director | less than a year | no data | no data | |
| Independent Director | 2yrs | US$172.48k | no data | |
| Independent Director | 1.8yrs | US$169.36k | 0.014% $ 1.2m |
7.0yrs
Average Tenure
69yo
Average Age
Experienced Board: CFR's board of directors are considered experienced (7 years average tenure).