An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
Independent Bank Group, Inc. Announces Appointment of Paul B. Langdale as EVP, Corporate Development & Strategy
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary
Independent Bank Group, Inc. (NASDAQ: IBTX) has promoted Paul B. Langdale to Executive Vice President of Corporate Development & Strategy, effective October 1, 2021. In this role, he will oversee strategic planning, mergers and acquisitions, partnerships, and investor relations. Mr. Langdale, who joined the company in 2018, aims to drive growth and create shareholder value. The promotion reflects the company's commitment to adapting to industry changes and leveraging Mr. Langdale's expertise in finance and corporate development for future opportunities.
Positive
Promotion of Paul B. Langdale expected to enhance strategic direction and corporate growth.
Mr. Langdale's experience since 2018 in various senior roles may strengthen leadership stability.
Negative
Concerns about continuity in leadership dynamics and strategy execution with the management change.
MCKINNEY, Texas--(BUSINESS WIRE)--
Independent Bank Group, Inc. (NASDAQ: IBTX), the parent company of Independent Financial, today announced the promotion of Paul B. Langdale to Executive Vice President, Corporate Development & Strategy effective October 1, 2021.
In his expanded role, Mr. Langdale will be responsible for overseeing enterprise-wide strategic planning, identification and evaluation of prospective mergers and acquisitions, strategic partnerships/investments, and investor relations. As a member of the company’s senior leadership, Mr. Langdale will report to Independent Bank Group’s Chairman and CEO David R. Brooks. Mr. Langdale joined the Company in 2018, and has since held increasingly senior positions in finance, investor relations and corporate development.
Mr. Brooks said, “Paul has done a tremendous job building out our Corporate Development function while also working closely with me and the Board of Directors on strategy. This expanded role will allow Paul to have broader input in the future direction of the company as we continue our disciplined pursuit of growth and ensure the company is well-positioned to both meet the challenges and seize the opportunities of a rapidly-evolving industry landscape. We are fortunate to have Paul on our team.”
“I am excited to take on an expanded role with such an incredible organization,” said Mr. Langdale. “Independent Bank Group has built a solid foundation across four of our country’s strongest markets. Looking ahead, I am thrilled to work with David and the team as we continue our focus on creating value for our customers, communities and shareholders.”
Mr. Langdale began his banking career in Dallas in 2010. He served as Vice President of Strategic Services for PlainsCapital Corporation until mid-2013, when he left to pursue an MBA at the University of Texas at Austin. While in Austin, he was active in the private equity and venture capital industry, serving as a Venture Fellow and working with financial technology startups at the Austin Technology Incubator and elsewhere. From 2015 to 2018, he worked in private equity in various capacities before joining Independent Bank Group. Mr. Langdale is a fifth-generation native Texan and holds a B.A. in English and an M.B.A. in Finance from the University of Texas at Austin.
About Independent Bank Group
Independent Bank Group, through its wholly owned subsidiary, Independent Financial, provides a wide range of relationship-driven commercial banking products and services tailored to meet the needs of businesses, professionals and individuals. Independent Bank Group operates in four market regions located in the Dallas/Fort Worth, Austin and Houston areas in Texas and the Colorado Front Range area, including Denver, Colorado Springs and Fort Collins.
