Veritex Holdings, Inc. Announces Board of Director Committee Reassignments

Rhea-AI Summary

Veritex Holdings (Nasdaq: VBTX) announced the reassignment of its Board of Director committees effective June 20, 2021. The revised committee structure includes changes in roles across the Audit, Compensation, Governance & Nominating, and Risk committees. C. Malcolm Holland, III continues as Chairman of the Board, while Blake Bozman, William E. Fallon, and Steven D. Lerner hold Chair positions in their respective committees. Veritex Holdings operates Veritex Community Bank, serving the Dallas-Fort Worth and Houston areas.

Positive

• Updated committee structure may enhance governance and oversight.
• C. Malcolm Holland, III retains a strong leadership role as Chairman and CEO.

Negative

• None.

DALLAS, Sept. 23, 2021 (GLOBE NEWSWIRE) -- Veritex Holdings, Inc. (Nasdaq: VBTX) (“Veritex” or the “Company”), the parent holding company for Veritex Community Bank, today announced the reassignment of certain Board of Director (the "Board") committees which went effective on June 20, 2021. The following table outlines the Board committee assignments, broken down by Committee Chair ("Chair") and Committee Member ("Member"), prior to and post the effective date of Board committee assignments:

	Committee Assignments Prior to June 20, 2021					Committee Assignments Effective June 20, 2021
Name of Board Member	Audit Committee	Compensation Committee	Governance & Nominating Committee	Risk Committee		Audit Committee	Compensation Committee	Governance & Nominating Committee	Risk Committee
C. Malcolm Holland, III1
Arcilia Acosta	Member					Member		Member
Pat S. Bolin		Member					Member
April Box			Member	Member				Member	Member
Blake Bozman		Chair					Chair
William D. Ellis	Member			Member					Member
William E. Fallon				Chair			Member		Chair
Mark C. Griege2		Member	Member				Member	Member
Gordon Huddleston	Member					Member
Steven D. Lerner	Chair					Chair
Manuel J. Mehos		Member	Member	Member					Member
Gregory B. Morrison	Member			Member		Member		Chair
John T. Sughrue			Chair					Member	Member

¹ C. Malcolm Holland, III is the Chairman of the Board, CEO and President
² Mr. Griege serves as Lead Independent Director.

About Veritex Holdings, Inc.

Headquartered in Dallas, Texas, Veritex is a bank holding company that conducts banking activities through its wholly-owned subsidiary, Veritex Community Bank, with locations throughout the Dallas-Fort Worth metroplex and in the Houston metropolitan area. Veritex Community Bank is a Texas state chartered bank regulated by the Texas Department of Banking and the Board of Governors of the Federal Reserve System. For more information, visit www.veritexbank.com.

Source: Veritex Holdings, Inc. 

FAQ

What are the recent changes to the Board of Directors for Veritex Holdings (VBTX)?

Veritex Holdings has reassigned its Board committee roles effective June 20, 2021, adjusting positions within the Audit, Compensation, Governance & Nominating, and Risk committees.

Who is the Chairman of the Board for Veritex Holdings (VBTX)?

C. Malcolm Holland, III serves as the Chairman of the Board for Veritex Holdings.

When did the new committee assignments for Veritex Holdings (VBTX) take effect?

The new committee assignments for Veritex Holdings took effect on June 20, 2021.

Where is Veritex Holdings (VBTX) headquartered?

Veritex Holdings is headquartered in Dallas, Texas.