Sundar PichaiSundar Pichai earned $164M in 2023

Robert C. Holmes is the CEO of Texas Capital Bancshares, Inc., a position he has held since January 2021. Before joining Texas Capital, he built a solid career at JPMorgan Chase starting in 1989, where he held key roles including...

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Robert C. Holmes

CEO of Texas Capital Bancshares

Education

Not specified

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

January 1, 1965 - 60 years ago

CEO of Texas Capital Bancshares for

4 years 5 months (Jan 2021 - Present)

Previous Experience

Global Head of Corporate Client Banking and Specialized Industries at JPMorgan Chase & Co.

Holdings

See how much did Robert C. Holmes make over time.

As CEO, Robert C. Holmes has significant stakes in Texas Capital Bancshares, including performance-based restricted stock units (RSUs) tied to the company's success. In 2022, he had a notable performance bonus for achieving strategic goals, which was part of his...

Insider Trading

See recent insider trades of Robert C. Holmes.

DDS

$173.40K

DDS at $433.50/share

May 18, 2024

Received

DDS

$142.25K

DDS at $284.50/share

May 20, 2023

Received

TCBI

26,124 shares

TCBI

Feb 8, 2023

Received

DDS

$257.85K

DDS at $257.85/share

May 21, 2022

Received

TCBI

24,662 shares

TCBI

Feb 8, 2022

Received

TCBI

$500.89K

TCBI at $60.29/share

Sep 3, 2021

Purchase

DDS

$118.51K

DDS at $118.51/share

May 15, 2021

Received

TCBI

22,966 shares

TCBI

Feb 26, 2021

Received

TCBI

233,755 shares

TCBI

Feb 1, 2021

Received

Compensation History

See how much did Robert C. Holmes make over time.

In 2023, Robert C. Holmes received a total compensation of $6.65 million, comprising a base salary of $1 million, a $1.6 million bonus based on performance targets, and other benefits. His bonus reflected a lower payout, as it was determined to be 80% of target due to company performance metrics. Notably, there were no stock options or restricted shares vested this year, reinforcing the incentive structure focused on achieving future company goals. In 2022, Holmes earned a higher total of $8.05 million, with a significant $3 million cash bonus for exceeding the broader company objectives. His structured compensation includes a mix of both immediate cash incentives and longer-term equity awards, designed to ensure that his interests align with shareholder value. Holmes continues to strategize around performance metrics, with his pay reflecting the company's health and growth trajectory.

Year

2023

Total Compensation

$2.62M

Salary

$1.00M

Board Justification

The compensation philosophy focuses on attracting and retaining qualified executives, aligning compensation with performance, and ensuring a significant portion of compensation is variable and tied to stockholder value.

Bonus

$1.60M

Board Justification

Annual incentive plan (cash) award based on performance metrics, awarded at 80% of target due to company performance.

Other

$20.80K

Board Justification

Includes contributions to 401(k) plans and other personal benefits.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2023 as the amounts reported are for performance-based RSUs that vest based on future performance metrics.

Performance Metrics

Performance metrics for 2023 included Return on Average Assets and Efficiency Ratio, with individual performance metrics tailored for each executive.

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