George F. Jones, Jr. is a notable figure in the banking industry, having served as the CEO of Texas Capital Bancshares from 2008 until 2013. He has extensive experience in finance and has shaped the company during a time of...

George F. Jones, Jr. is a notable figure in the banking industry, having served as the CEO of Texas Capital Bancshares from 2008 until 2013. He has extensive experience in finance and has shaped the company during a time of growth and transition. Under his leadership, Texas Capital recorded significant achievements, valuing performance metrics like net income and credit quality. His compensation reflected his impact, peaking at $1,778,176 in 2013. Interestingly, George announced his retirement in 2013 and remained with the company as he transitioned out, a move that reflects his dedication to the team and the business. Post-retirement, he played a role at CrossFirst Bankshares, highlighting his ongoing influence in the finance sector. Beyond numbers, George’s path shows a commitment to strategic leadership, which left a mark on Texas Capital Banks' trajectory.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other CrossFirst Bankshares, Inc. CEOs

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George F. Jones, Jr.

Ex-CEO of CrossFirst Bankshares, Inc.

Education

Bachelor's degree in Business Administration

Field of Expertise

Finance & Banking - Banking

Sector of Economy

Financial Services

Born

January 1, 1950 - 75 years ago

CEO of CrossFirst Bankshares, Inc. for

2 years 1 month (May 2018 - Jun 2020)

Previous Experience

Various executive roles in banking

Rivals

Competitors/colleagues of George F. Jones, Jr.

Holdings

See how much did George F. Jones, Jr. make over time.

As CEO, George F. Jones, Jr. had substantial equity in Texas Capital Bancshares, with holdings that reflected his influence and commitment to the company. At his peak in 2013, he was tied to various stock options and rights totaling about...

As CEO, George F. Jones, Jr. had substantial equity in Texas Capital Bancshares, with holdings that reflected his influence and commitment to the company. At his peak in 2013, he was tied to various stock options and rights totaling about $1.2 million in vested stock value, showing his investment in the company's future. This alignment of interest kept him engaged and motivated throughout his tenure. After stepping down, numerous stock options were transitioned as part of his retirement package, ensuring a smooth exit while still reflecting his long-term investment in the bank's performance and health. Now, his holdings have significantly shifted as he continues past his role in the banking industry.

Total Stock Sold

$10.94M

TCBI

$10.65M

260,323 TCBI shares

CFB

$283.60K

20,000 CFB shares

What if they kept their stock?

If George F. Jones, Jr. didn't sell their stock, today they would have:
Extra TCBI260,323 shares worth $7.12M and CFB20,000 shares worth $184.60K.
This is -33.24% and $3.64M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of George F. Jones, Jr..

CFB

$277.00K

CFB at $13.85/share

Apr 1, 2021

Sale

CFB

$554.09K

CFB at $15.75/share

May 10, 2019

Received

TCBI

$1.71M

TCBI at $53.69/share

Oct 25, 2013

Sale

TCBI

$278.54K

TCBI at $45.58/share

Aug 6, 2013

Sale

TCBI

$2.69M

TCBI at $44.80/share

Dec 5, 2012

Sale

TCBI

$2.69M

TCBI at $44.80/share

Dec 5, 2012

Sale

TCBI

$439.75K

TCBI at $43.98/share

Aug 13, 2012

Sale

TCBI

$282.78K

TCBI at $38.45/share

Jun 6, 2012

Sale

TCBI

$379.79K

TCBI at $37.98/share

Apr 27, 2012

Sale

TCBI

$273.82K

TCBI at $37.23/share

Apr 26, 2012

Sale

Compensation History

See how much did George F. Jones, Jr. make over time.

George F. Jones, Jr.'s compensation over the years demonstrated the strides he made at Texas Capital Bancshares. In 2013, his total package reached $1,778,176, which included a salary of $703,333 and a significant bonus of $676,800 based on performance metrics. His compensation was thoughtfully tied to the bank's profitability, aligning his interests with those of shareholders. Other years also showed a steady rise, indicating his growth in leadership. Notably, he had no stock grants or options vested during his tenure, suggesting that he relied more on cash incentives linked to performance rather than stock options, which made his payout more transparent and tied to immediate results. This focus shows a tailored approach to executive compensation that mirrors the company's success.

Year

2020

Total Compensation

$1.93M

Salary

$600.00K

Board Justification

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

Bonus

$1.00M

Board Justification

Mr. Cargill's annual incentive will be no less than $1,000,000 and as such a $543,234 adjustment was made to increase Mr. Cargill’s incentive earned to a total payout of $1,000,000.

Other

$269.60K

Board Justification

Includes perquisites and other personal benefits, insurance premiums, and contributions to 401(k) plans.

Restricted Stock

$65.02K(2.24K RSU)

Board Justification

Time-based RSUs that vest in full on 4/20/2021, with a grant date fair value of $29.00 per share.

Performance Metrics

Performance metrics include net income, credit quality, management strategic objectives, and relative performance compared to peers.

Other CrossFirst Bankshares, Inc. CEOs

Here are other CEOs of CrossFirst Bankshares, Inc.

Michael J. Maddox

CEO of CrossFirst Bankshares, Inc.

June 2020 - Present