First Financial Bank Announces Election of Patricia Schulz as Executive Vice President of Human Resources

Rhea-AI Summary

First Financial Bank, N.A. has appointed Pat Schulz as the new Executive Vice President of Human Resources, effective June 23, 2020. With over 30 years of experience in human resources, Schulz is expected to enhance the company's growth and diversity initiatives. She holds degrees from Illinois State University and Northern Illinois University and possesses professional certifications including SHRM-SCP and SPHR. The announcement was made by Ron Butler, Chairman and CEO. First Financial Bankshares, Inc. is traded on NASDAQ under the symbol FFIN.

Positive

• Appointment of a seasoned HR executive strengthens company leadership.
• Pat Schulz's experience in diversity and inclusion may enhance company culture.

Negative

• None.

ABILENE, Texas, June 23, 2020 /PRNewswire/ -- The Board of Directors of First Financial Bank, N.A., have announced the election of Pat Schulz as Executive Vice President of Human Resources. The announcement was made by Ron Butler, Chairman and CEO of First Financial Bank, Abilene.

"We are excited to have Pat join the First Financial family," said Butler. "Her depth of experience in human resources, large organizations, and the financial services industry will be invaluable as First Financial continues to grow and expand."

Schulz comes to First Financial Bank with more than 30 years of experience as a chief human resources officer and consultant. She has led the human resources departments for large companies and financial services across the country.  Schulz has an extensive background in diversity and inclusion which will complement the Company's efforts in creating dedicated and professional bankers.  She holds a bachelor of science degree from Illinois State University and a master of education degree from Northern Illinois University.  She has earned several professional designations including Society for Human Resource Management Senior Certified Professional (SHRM-SCP) and Senior Professional of Human Resources (SPHR). Schulz has served as the chair of the human resource committee for the United Way of Illinois' board of directors.

About First Financial Bank, N.A.

First Financial Bank, N.A. is a wholly owned subsidiary of First Financial Bankshares, Inc. (NASDAQ: FFIN). Headquartered in Abilene, Texas, First Financial Bankshares, Inc. is a financial holding company that through its subsidiary, First Financial Bank, N.A., operates multiple banking regions with 78 locations in Texas, including Abilene, Acton, Albany, Aledo, Alvarado, Beaumont, Boyd, Bridgeport, Brock, Bryan, Burleson, Cisco, Cleburne, Clyde, College Station, Conroe, Cut and Shoot, Decatur, Eastland, El Campo, Fort Worth, Fulshear, Glen Rose, Granbury, Grapevine, Hereford, Huntsville, Keller, Kingwood, Magnolia, Mauriceville, Merkel, Midlothian, Mineral Wells, Montgomery, Moran, New Waverly, Newton, Odessa, Orange, Palacios, Port Arthur, Ranger, Rising Star, Roby,  San  Angelo,  Southlake, Spring, Stephenville, Sweetwater, Tomball, Trent, Trophy Club, Vidor, Waxahachie, Weatherford, Willis, and Willow Park. The Company also operates First Financial Trust & Asset Management Company, N.A., with nine locations and First Technology Services, Inc., a technology operating company.

The Company is listed on The NASDAQ Global Select Market under the trading symbol FFIN.  For more information about First Financial Bankshares, please visit our website at http://www.ffin.com.

Certain statements contained herein may be considered "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These statements are based upon the belief of the Company's management, as well as assumptions made beyond information currently available to the Company's management, and may be, but not necessarily are, identified by such words as "expect", "plan", "anticipate", "target", "forecast" and "goal".  Because such "forward-looking statements" are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.  Factors that could cause actual results to differ materially from the Company's expectations include competition from other financial institutions and financial holding companies; the effects of and changes in trade, monetary and fiscal policies and laws, including interest rate policies of the  Federal Reserve Board; changes in the demand for loans; fluctuations in value of collateral and loan reserves; inflation, interest rate, market and monetary fluctuations; changes in consumer spending, borrowing and savings habits; and acquisitions and integration of acquired businesses, and similar variables.   Other key risks are described in the Company's reports filed with the Securities and Exchange Commission, which may be obtained under "Investor Relations-Documents/Filings" on the Company's Web site or by writing or calling the Company at 325.627.7155. Except as otherwise stated in this news announcement, the Company does not undertake any obligation to update publicly or revise any forward-looking statements because of new information, future events or otherwise.

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SOURCE First Financial Bankshares, Inc.

FAQ

Who has been appointed as Executive Vice President of Human Resources at FFIN?

Pat Schulz has been appointed as the Executive Vice President of Human Resources at First Financial Bank, N.A.

What is Pat Schulz's experience relevant to FFIN?

Pat Schulz has over 30 years of experience in human resources in large organizations and the financial services industry.

When was the announcement of Schulz's appointment made?

The announcement of Pat Schulz's appointment was made on June 23, 2020.

What are Pat Schulz's educational qualifications?

Pat Schulz holds a bachelor of science degree from Illinois State University and a master of education degree from Northern Illinois University.

Under which stock symbol is First Financial Bankshares, Inc. traded?

First Financial Bankshares, Inc. is traded on NASDAQ under the symbol FFIN.