BOK Financial names Stacy Kymes president and CEO

Rhea-AI Summary

BOK Financial Corporation has appointed Stacy Kymes as president and CEO, effective April 1, 2022, succeeding Steve Bradshaw. Kymes, with 25 years at BOKF, has held multiple leadership roles including COO and chief credit officer. The board chair, George B. Kaiser, expressed confidence in Kymes' ability to maintain the company's strong financial performance. Kymes aims to leverage his extensive experience to guide BOK Financial in a recovering economy and continued growth, emphasizing a commitment to client service and community involvement.

Positive

• Stacy Kymes appointed as CEO, expected to maintain strong financial performance.
• Kymes has 25 years of experience in various leadership roles at BOK Financial.
• Leadership transition supported by a cohesive executive team.

Negative

• None.

Stacy Kymes to assume CEO role upon Steve Bradshaw’s retirement on March 31, 2022

TULSA, Okla., Aug. 04, 2021 (GLOBE NEWSWIRE) -- BOK Financial Corporation has named Stacy Kymes president and CEO effective April 1, 2022, upon the retirement of Steven G. Bradshaw. Kymes has also been appointed to the company’s board of directors effective August 3.

Kymes, who has been with the company for 25 years, has served in various roles with the company, including chief auditor, director of mergers and acquisitions, and chief credit officer. In his current role as chief operating officer, he leads BOKF’s revenue-generating business lines including Specialized Banking, Regional and Commercial Banking, Consumer Banking, and Wealth Management.

George B. Kaiser, BOK Financial Corporation board chair, noted that “Stacy has had deep and varied experience with the company’s lines of business and supporting functions during his career. He has proved able to understand each new responsibility quickly and respond creatively to problems or opportunities. Through my Board duties, I have observed his management style, judgment and diligence over the past 10-plus years, which gives me great confidence that he will serve our company well as CEO. The rest of the board joins me in the expectation that Stacy—and the rest of the leadership team—will continue our company’s solid financial performance and commitment to serving our clients and communities.”

“Stacy Kymes is extremely well prepared to assume the role of CEO, and I am confident that the company will thrive under his leadership,” said Bradshaw. “Stacy has the full support of our cohesive executive team and his breadth of company experience will allow him to be a strong leader for BOK Financial.”

“I am excited to step into this role to lead a strong team that is well positioned to take advantage of an improving economy and new growth opportunities,” said Kymes. “I am also humbled to be a part of a strong legacy of leadership that began with George and Stan Lybarger and has continued through Steve’s tenure marked by our earnings growth and strong culture.”

Prior to joining the company, Kymes was a senior auditor with KPMG US. He received his bachelor’s degree in accounting from Harding University in Searcy, Ark.

BOK Financial Corporation is a more than $47 billion regional financial services company headquartered in Tulsa, Okla. with more than $90 billion in assets under management and administration. The company's stock is publicly traded on NASDAQ under the Global Select market listings (BOKF). BOK Financial Corporation's holdings include BOKF, NA; BOK Financial Securities, Inc., BOK Financial Private Wealth, and BOK Financial Insurance, Inc. BOKF, NA operates TransFund, Cavanal Hill Investment Management and BOK Financial Asset Management, Inc. BOKF, NA operates banking divisions across eight states as: Bank of Albuquerque, Bank of Oklahoma, Bank of Texas and BOK Financial (in Arizona, Arkansas, Colorado, Kansas and Missouri); as well as having limited purpose offices Nebraska, Milwaukee and Connecticut. Through its subsidiaries, BOK Financial Corporation provides commercial and consumer banking, brokerage trading, investment, trust and insurance services, mortgage origination and servicing, and an electronic funds transfer network. For more information, visit www.bokf.com.

Media Contact:
Cody McAlester                        
cmcalester@bokf.com                         
918.295.0486 

FAQ

Who is the new CEO of BOK Financial Corporation?

Stacy Kymes has been appointed as the new CEO, effective April 1, 2022.

When does Steve Bradshaw retire from BOK Financial?

Steve Bradshaw is set to retire on March 31, 2022.

What is BOK Financial's stock symbol?

BOK Financial's stock is publicly traded under the symbol BOKF.

What roles has Stacy Kymes held at BOK Financial before becoming CEO?

Stacy Kymes has served as chief auditor, chief credit officer, and COO, among other roles.

How long has Stacy Kymes been with BOK Financial?

Stacy Kymes has been with BOK Financial for 25 years.