Independent Financial Appoints Dan Strodel as Chief Banking Officer

Rhea-AI Summary

Independent Bank Group (NASDAQ: IBTX) has appointed Dan Strodel as the new Executive Vice President and Chief Banking Officer. Strodel will oversee key revenue-generating divisions including Commercial and Specialty Banking, Treasury Solutions, and Mortgage. He has over 39 years of experience, joining the bank in 2012 as Dallas Market President. His extensive background in commercial real estate and private banking positions him to drive growth. President Michael Hobbs expressed confidence in Strodel's leadership as the company aims for future expansion.

Positive

• Dan Strodel's extensive experience in banking positions him well for growth initiatives.
• Leadership continuity with Strodel's promotion enhances operational stability.
• Focus on revenue-generating lines indicates potential for financial growth.

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• None.

MCKINNEY, Texas--(BUSINESS WIRE)-- Independent Bank Group, Inc. (NASDAQ: IBTX), the holding company for Independent Financial, today announced the appointment of Dan Strodel as Executive Vice President and Chief Banking Officer. In his new role, Mr. Strodel will be responsible for key revenue-generating lines of business including Commercial, Middle Market and Specialty Banking, Treasury Solutions, SBA, Mortgage and Private Capital Management.

“Dan has been an integral part of the company’s growth over the past 10 years,” said Independent Financial President and Chief Operating Officer Michael Hobbs. “I am confident that the depth of his professional experience and high-quality leadership make him the ideal person for this vital role.”

Mr. Strodel joined Independent Financial in 2012 as the Dallas Market President, most recently serving as President of the Texas market. With over 39 years of financial experience, Mr. Strodel has held senior leadership positions at both larger and community-based banks, primarily in commercial real estate and private banking. Mr. Strodel holds a B.B.A. in Finance and Accounting from Southern Methodist University.

“This is an exciting time to be a part of Independent Financial as we continue to focus on future growth,” said Mr. Strodel. “I feel extremely privileged to be a part of such a talented, collaborative leadership team and look forward to continuing to expand on our commitment to our customers and communities.”

About Independent Bank Group

Independent Bank Group, through its wholly owned subsidiary, Independent Bank and its brand 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/Ft. Worth, Austin, and Houston areas in Texas and the Colorado Front Range area, including Denver, Colorado Springs and Fort Collins.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220906005900/en/

Wendi Costlow

EVP, Chief Marketing Officer

(972) 562-9004

Wendi.Costlow@ifinancial.com

Source: Independent Bank Group, Inc.

FAQ

Who is the new Chief Banking Officer of Independent Bank Group?

Dan Strodel has been appointed as the new Executive Vice President and Chief Banking Officer of Independent Bank Group.

What are Dan Strodel's responsibilities at Independent Bank Group?

Dan Strodel will oversee key revenue-generating areas such as Commercial, Middle Market, and Specialty Banking, among others.

What experience does Dan Strodel have in banking?

Dan Strodel has over 39 years of experience, with previous roles in senior leadership at community and larger banks.

When did Dan Strodel join Independent Bank Group?

Dan Strodel joined Independent Bank Group in 2012 as Dallas Market President.