Cullen/Frost Bankers of Texas Splits Oversight Of Its Markets

Cullen/Frost Bankers Inc. in San Antonio has divided responsibility for its markets between the president of its principal bank and another executive. Both men report to Richard Evans, chairman and chief executive officer, to whom the regions' senior executives had been reporting.

Patrick Frost, president of Frost National Bank, will oversee the San Antonio and Austin regions and the Texas Hill Country and Rio Grande Valley markets.

David W. Beck Jr. has moved to San Antonio to oversee the Houston, Corpus Christi, Dallas County, and Tarrant County regions as president of state regions, a new title. He will also be responsible for the Galveston market, where Cullen/Frost's United States National Bank operates.

Mr. Beck was president of the Houston/Galveston region. That job has now gone to Robby Shelton, who was a senior vice president and the senior lending officer in Houston.

Chip Allen, who was president of the southeast Houston market, inherited Mr. Shelton's job and was promoted to a bank executive vice presidency.

The $6.7 billion-asset company also promoted Paul Olivier to executive vice president of human resources and branch administration. He succeeded Ken Trapp, who the company said will remain a key adviser. Mr. Olivier was senior vice president of retail banking administration.

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