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CapStar Announces Appointments to Executive Leadership Team

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Rhea-AI Summary

CapStar Financial Holdings, Inc. (NASDAQ:CSTR) has announced key management changes effective February 11, 2022. Michael J. Fowler returns as Executive Vice President and Chief Financial Officer, replacing Denis J. Duncan, who has retired. Fowler, with over 40 years in banking, previously stepped down to care for his wife during her illness. Amy C. Goodin takes on the role of Chief Risk Officer and Corporate Secretary, bringing extensive experience from her 22 years at CapStar. These appointments aim to strengthen the company's leadership and focus on enterprise risk management.

Positive
  • Michael J. Fowler's return as CFO is expected to bring stability and experienced leadership back to the financial strategy after a period of transition.
  • Amy C. Goodin's expanded role as Chief Risk Officer enhances the company's focus on enterprise risk management, supported by her long history with CapStar.
Negative
  • The transition period with Denis J. Duncan as interim CFO may have created uncertainty regarding financial oversight.
  • Michael J. Fowler's previous leave due to personal circumstances could raise concerns about continuity in leadership.

NASHVILLE, Tenn., Feb. 11, 2022 (GLOBE NEWSWIRE) -- CapStar Financial Holdings, Inc. (“CapStar”) (NASDAQ:CSTR) announced today the following appointments to its executive management team.

Michael J. Fowler resumed his role as Executive Vice President, Chief Financial Officer effective February 11, 2022, after stepping down to Treasurer in the Fall of 2020 to provide care for his spouse during her 18-month battle with cancer. Mr. Fowler has more than 40 years of banking and finance experience having served in senior financial roles at a number of regional banks including Texas Commerce, Capital One, and IBERIABANK. He replaces Denis J. Duncan, who served as Chief Financial Officer during this period, and retired effective February 10, 2022.

Amy C. Goodin has been appointed Chief Risk Officer and Corporate Secretary overseeing legal, regulatory relations, insurance, internal audit, vendor management, compliance, and information security. Ms. Goodin joined the company in 2000 and oversaw human resources, compliance, and internal audit at Athens Federal Community Bank which was acquired by CapStar in 2018. She graduated with a bachelor’s degree in business administration from Tennessee Wesleyan University.

“We look forward to Mike resuming his role as Chief Financial Officer and are excited for Amy to expand her role and continue our focus on strong enterprise risk management,” said Timothy K. Schools, President and Chief Executive Officer. “While caring for his wife, who lost her battle with cancer in early January, Mike has remained actively engaged and been a key contributor to our outstanding results. I am grateful for Denis who stepped in during this period and wish him well in retirement.”

About CapStar Financial Holdings, Inc.

CapStar Financial Holdings, Inc. is a bank holding company headquartered in Nashville, Tennessee and operates primarily through its wholly owned subsidiary, CapStar Bank, a Tennessee-chartered state bank. CapStar Bank is a commercial bank that seeks to establish and maintain comprehensive relationships with its clients by delivering customized and creative banking solutions and superior client service. As of December 31, 2021, on a consolidated basis, CapStar had total assets of $3.1 billion, total loans of $2.0 billion, total deposits of $2.7 billion, and shareholders’ equity of $380.1 million. Visit www.capstarbank.com for more information.

CONTACT

Timothy K. Schools
Chief Executive Officer
(615) 732-7449


FAQ

What are the key appointments in CapStar Financial Holdings on February 11, 2022?

Michael J. Fowler resumed his role as CFO, and Amy C. Goodin was appointed as Chief Risk Officer and Corporate Secretary.

Who replaced Denis J. Duncan as Chief Financial Officer at CapStar?

Michael J. Fowler replaced Denis J. Duncan as Chief Financial Officer.

What experience does Michael J. Fowler have in the banking sector?

Michael J. Fowler has over 40 years of banking and finance experience, having held senior roles at several regional banks.

What responsibilities will Amy C. Goodin oversee in her new role?

Amy C. Goodin will oversee legal, regulatory relations, insurance, internal audit, vendor management, compliance, and information security.

CapStar Financial Holdings, Inc.

NASDAQ:CSTR

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United States
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