Cullen/Frost Bankers in San Antonio has a new president.

The $28.3 billion-asset company said in a press release Wednesday that it had promoted Phil Green, formerly chief financial officer, to succeed Dick Evans, who will remain chairman and chief executive. Green, who joined the company in 1980, has been CFO for about 20 years.

Jerry Salinas, the company's treasurer since 1997, succeeded Green as CFO.

The company also named Paul Bracher, who joined Cullen/Frost in 1981, as chief banking officer.

Separately, Cullen/Frost announced that its fourth-quarter earnings rose 17% from a year earlier, to $70.7 million.

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