Sundar PichaiSundar Pichai earned $164M in 2023

C. Keith Cargill served as the President and CEO of Texas Capital Bancshares from January 2014 until May 2020, after being the CEO of Texas Capital Bank. He has over 25 years of banking experience in the North Texas area....

Quick Links
T

C. Keith Cargill

Ex-CEO of Texas Capital Bancshares

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

May 1, 1953 - 72 years ago

CEO of Texas Capital Bancshares for

6 years 4 months (Jan 2014 - May 2020)

Previous Experience

President and Chief Executive Officer of Texas Capital Bank since June 2013

Holdings

See how much did C. Keith Cargill make over time.

C. Keith Cargill's financial holdings were closely tied to his compensation style. He made important choices to focus on cash bonuses rather than stock grants during his tenure. In 2020, he had significant bonuses due to performance-based metrics, totaling approximately...

Total Stock Sold

$3.50M

TCBI

$3.50M

97,298 TCBI shares

What if they kept their stock?

If C. Keith Cargill didn't sell their stock, today they would have:
Extra TCBI97,298 shares worth $3.17M.
This is -9.62% and $337.15K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of C. Keith Cargill.

TCBI

83,637 shares

TCBI

May 26, 2020

Received

TCBI

$176.49K

TCBI at $58.83/share

May 23, 2019

Purchase

TCBI

33,240 shares

TCBI

Feb 12, 2019

Received

TCBI

$202.77K

TCBI at $67.59/share

Oct 19, 2018

Purchase

TCBI

11,506 shares

TCBI

Mar 27, 2018

Received

TCBI

3,611 shares

TCBI

Feb 14, 2018

Received

TCBI

$181.20K

TCBI at $90.60/share

Feb 6, 2018

Purchase

TCBI

$222.45K

TCBI at $74.15/share

Aug 11, 2017

Purchase

TCBI

$367.85K

TCBI at $73.57/share

Apr 21, 2017

Purchase

TCBI

10,008 shares

TCBI

Mar 22, 2017

Received

Compensation History

See how much did C. Keith Cargill make over time.

During his tenure at Texas Capital Bancshares, C. Keith Cargill’s compensation reflected the bank's performance-oriented structure. He earned around $4.4 million in 2020, with a salary of $1.02 million and a significant bonus of $1 million linked to hitting specific financial targets. This model aligns executive pay with performance metrics in areas like net income and credit quality, aiming to motivate executives towards measurable outcomes. Unlike many executives, he chose no stock grants in 2020, demonstrating a preference for cash incentives which ensured he was rewarded for immediate performance rather than potential future growth through stock appreciation. His compensation structure highlights a critical aspect of banking leadership—accountability and alignment of interests with shareholder value, focusing strongly on clear, quantifiable results.

Year

2020

Total Compensation

$2.07M

Salary

$1.02M

Board Justification

The compensation philosophy focuses on attracting and retaining qualified executives with competitive compensation aligned with company performance and shareholder interests.

Bonus

$1.00M

Board Justification

Annual incentive payouts for NEOs were based on achievement of performance goals related to net income and credit quality, as well as individual management strategic objectives and comparison to peers.

Other

$52.66K

Board Justification

Other compensation includes perquisites and contributions to retirement plans.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock grants were vested in 2020 as the focus was on cash compensation and performance-based RSUs.

Performance Metrics

Performance metrics included net income, credit quality, and individual management strategic objectives.