Biography

Phil Green serves as Chairman and Chief Executive Officer of Cullen/Frost Bankers, Inc., and Frost Bank. He joined the Cullen/Frost organization in July 1980 and served in a number of managerial positions in the Company's financial division before being named Chief Financial Officer in 1995, a position he held until 2015 when he was named President of Cullen/ Frost. He became Chairman and CEO in 2016.

During his tenure at Frost, the Company has become one of the nation's 50 largest banks and has increased its common stock dividend for 30 consecutive years. He launched expansion projects to double the number of locations in the Houston and Austin regions and triple the number of Dallas-area locations. At the same time, Frost has won numerous accolades for excellence and customer service, receiving the highest ranking in customer satisfaction in Texas in the J.D. Power U.S. Retail Banking Satisfaction Study for 15 consecutive years, and earning the most Greenwich Excellence Awards for service to business clients among banks nationwide for eight consecutive years. Frost has also ranked highly in the American Banker/Reputation Institute Survey of Bank Reputations and Forbes magazine's list of America's 100 Best Banks.

Mr. Green is a Past Chair of the Greater San Antonio Chamber of Commerce and currently serves as an executive board member. He is a founding member of the Corporate Partners for Racial Equity. He sits on the Board of Directors and chairs the Investment Committee of the Southwest Research Institute. He serves on the University of Texas at Austin Chancellor's Council Executive Committee, the McCombs School of Business Advisory Council, and the McCombs Scholars Program committee. Mr. Green was inducted into the McCombs School of Business Hall of Fame in November of 2023. Mr. Green serves as Board Chair of The Tobin Center for the Performing Arts. He serves on the University of Texas San Antonio Campaign Leadership Council and is a member of the Mid-Sized Bank Coalition where he is a former executive committee member. Mr. Green is a member of the Executive Committee and Board of Trustees of the United Way of San Antonio and Bexar County and serves as the Campaign Chair for their 2024 campaign. He previously served on the Federal Reserve Board's Federal Advisory Council, serving the Fed's 11th District.

Mr. Green graduated with honors from the University of Texas at Austin in 1977, earning a bachelor's degree in accounting. Prior to joining Frost, he spent three years in public accounting with Ernst & Ernst. Mr. Green and his wife, Sandy, have been married for 47 years and have six grown children.