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Southside Bancshares Inc (SBSI.OQ)

SBSI.OQ on NASDAQ Stock Exchange Global Select Market

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17 Nov 2017
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Summary

Name Age Since Current Position

Joe Norton

80 2015 Chairman of the Board

Billie Hartley

86 2015 Chairman Emeritus

Lee Gibson

60 2017 President, Chief Executive Officer, Director

John Garrett

61 2015 Vice Chairman of the Board

Julie Shamburger

54 2017 Chief Financial Officer, Senior Executive Vice President

Brian McCabe

56 2017 Chief Operating Officer, Senior Executive Vice President

Tim Carter

62 2017 Executive Vice President - Customer Development and Retention

Earl Clawater

63 2014 Executive Officer

Tim Alexander

60 2017 Chief Lending Officer

Peter Boyd

61 2013 Regional President, Central Texas of Southside Bank

Michael Bosworth

66 2017 Director

Patrick Callan

58 2014 Director

Tony Morgan

67 Director

John Sammons

67 Director

H. Shands

2017 Director

Richard Warner

2017 Director

Lawrence Anderson

60 2010 Independent Director

S.Elaine Anderson

64 2014 Independent Director

Alton Cade

81 2003 Independent Director

Melvin Lovelady

80 2005 Independent Director

William Sheehy

76 1983 Independent Director

Preston Smith

61 2009 Independent Director

Donald Thedford

67 2009 Independent Director

Deborah Wilkinson

60 2017 IR Contact Officer

Biographies

Name Description

Joe Norton

Mr. Joe Norton is Chairman of the Board of Southside Bancshares, Inc. Mr. Norton owns Norton Equipment Company and is a general partner in Norton Leasing Ltd., LLP. Mr. Norton served as President and was a principal shareholder of Norton Companies of Texas, Inc. for 25 years, until 1989. He also owned W. D. Norton, Inc. d/b/a Overhead Door for 16 years, until 2005. Mr. Norton is past Vice Chairman of the Board of Regents, East Texas State University (Texas A&M-Commerce) and has served on the Board of Trustees for All Saints Episcopal School of Tyler. Mr. Norton brings to our Board an extraordinary understanding of our business, history and organization, as well as management, business and leadership skills. These skills, combined with serving on this Board since 1988 qualify him to be a member of the Board.

Billie Hartley

Mr. Billie G. Hartley is Chairman Emeritus of Southside Bancshares, Inc. Mr. Hartley was CEO of Southside Bank since its opening in 1960, serving in that capacity until he retired in 2012 and served as Chairman of the Board of Directors through 2014. While CEO, he skillfully assembled a team of talented bankers and together they built Southside into the largest Bank headquartered in East Texas. In 1998 Southside began trading on the NASDAQ and today it has a market cap of approximately $665 million. He was Chairman of the Board of Directors of Southside Bancshares, Inc. from 1982 through 2014 and served as CEO of Southside Bancshares since its inception until he retired in 2012. He is a former member of the American Bankers Association (ABA) Board of Directors, past Chairman of the ABANational BankPac Committee and a past member of the Administrative Committee of the ABA Government Relations Council. He is currently a member of the Board of Directors of ETMC Regional Healthcare System and past Chairman of the Texas Taxpayers and Research Association.

Lee Gibson

Mr. Lee R. Gibson, CPA has been President, Chief Executive Officer, Director of the Company and the Bank. Mr. Gibson has served as President and Chief Executive Officer (“CEO”) of the Company since January 2017. He has served as President of the Company since December 2015 and as an executive and Chief Financial Officer (“CFO”) of the Company since 2000. He joined Southside Bank in 1984 and is also a director of Southside Bank. He currently serves as the President of the Tyler Junior College Foundation and serves on the finance committee of the Tyler Economic Development Council. He previously served as Chairman of the Board of Directors of the Federal Home Loan Bank of Dallas for six years and Council of Federal Home Loan Banks for two years. Mr. Gibson has over 30 years of banking experience, has served on the board of Southside Bank since 1999, is a CPA and has extensive financial knowledge which qualifies him to be a member of the Board.

John Garrett

Mr. John Robert Garrett is Vice Chairman of the Board of Southside Bancshares, Inc. Mr. Garrett is a residential and commercial real estate developer and has served as the President of Fair Oil Company, a Tyler based oil and gas exploration and production company, since 2002. Mr. Garrett is also Vice President of the R. W. Fair Foundation, a member of the Board of Regents of Stephen F. Austin State University and a member of the University of Texas Health Science Center at Tyler Development Board. He is a director of T.B. Butler Publishing, Inc., a member of the board of the Tyler Economic Development Council and Treasurer of the Meadows Mental Health Policy Institute. He is a past president of both the Tyler Area Builders Association and the Texas Association of Builders. Mr. Garrett brings to our Board extensive knowledge in the areas of residential and commercial real estate and oil and gas, as well as management, leadership and business skills and experience serving on numerous boards, all of which qualify him to be a member of the Board.

Julie Shamburger

Ms. Julie N. Shamburger CPA. is Chief Financial Officer, Executive Vice President of the Company. She is also an advisory director of Southside Bank. Ms. Shamburger served as Executive Vice President and Chief Accounting Officer from 2011 until April 2016. Ms. Shamburger joined Southside Bank in 1982 and has over 30 years of accounting experience. Ms. Shamburger is a graduate of the University of Texas at Tyler. She is responsible for regulatory and SEC reporting as well as overseeing the daily accounting practices of the Company and Southside Bank. Ms. Shamburger is a member of the American Institute of Certified Public Accountants, the Texas Society of Certified Public Accountants and the East Texas Chapter of the Texas Society of Certified Public Accountants.

Brian McCabe

Mr. Brian K. McCabe serves as Chief Operating Officer, Senior Executive Vice President of the Company. Mr. McCabe has served as Executive Vice President of the Company since 2014. He currently serves as an Executive Vice President and Chief Information Officer of Southside Bank. He is also an advisory director of Southside Bank. He joined Southside Bank in 1983, and since this time has managed different operational and electronic banking areas. Mr. McCabe is a graduate of Stephen F. Austin State University, with a degree in Business Data Processing and minor in finance, and the Southwest Graduate School of Banking. He currently serves on the Board of East Texas Lighthouse for the Blind. Mr. McCabe has previously served on the Board of Directors of the Tyler Area Chamber of Commerce, United Way of Smith County and Smith County American Red Cross.

Tim Carter

Mr. Tim Carter is re designated as Executive Vice President - Customer Development and Retention of the Company effective as of September 30, 2017. Mr. Carter currently serves as Regional President, North Texas, having joined Southside Bank as a result of the acquisition of OmniAmerican. In this role, he is responsible for the strategic planning, coordination and implementation of bank operations in the North Texas region. Mr. Carter was President and CEO of OmniAmerican from July 2007 to December 17, 2014. He currently serves on the Board of Texas Wesleyan University, the Fort Worth Promotion and Development Fund, the Federal Home Loan Bank of Dallas, the Safe City Commission and is President of the North Texas Leaders and Executives Advocating Diversity (LEAD).

Earl Clawater

Mr. Earl W. Clawater III, is Executive officer of the company since June 19, 2014. Mr. Clawater has served as Executive Vice President and Chief Credit Officer of Southside Bank since 2013 and has been employed by Southside Bank in various commercial lending and credit management capacities since 2000. He is also an advisory director of Southside Bank. Mr. Clawater is a graduate of the University of Texas at Austin and has over 35 years of commercial banking and lending experience. He currently serves as a director of the East Texas Medical Center Hospital and East Texas Medical Center Rehabilitation Hospital and as a member of the Finance Committee of the Episcopal Diocese of Texas.

Tim Alexander

Mr. Tim Alexander is Chief Lending Officer of the Company. Mr. Alexander continues to serve as Chief Lending Officer of Southside Bank. Mr. Alexander is a graduate of the University of Texas at Austin with over 35 years of commercial lending experience. He currently serves on the Board of Directors for Hospice of East Texas and is a Trustee on the Board of The Great Commission Foundation of the Episcopal Diocese of Texas.

Peter Boyd

Mr. Peter M. Boyd is Regional President, Central Texas of Southside Bank, the subsidiary of Southside Bancshares Inc. Mr. Boyd currently serves as Senior Executive Vice President of Southside Bank. Mr. Boyd joined Southside Bank in 1998 and is an advisory director of Southside Bank. He is a graduate of the University of Texas at Austin and has over 30 years of commercial lending experience. He is Vice President of the Church Corporation of The Episcopal Diocese of Texas, a Board and Finance Committee member of Camp Allen in Navasota and an Advisory and Alumni Board member of the Silver Spurs Service Organization at the University of Texas at Austin.

Michael Bosworth

Mr. Michael Bosworth is Director of the company. He is the President and Chairman of the Board of Directors of Bosworth & Associates, an insurance agency founded by his father. Mr. Bosworth has extended the agency's influence as one of the leading insurance agencies in Tyler and East Texas. Mr. Bosworth has earned the designation of Accredited Advisor of Insurance (AAI) and the Certified Insurance Counselor (CIC) designation through the National Alliance of Insurance Education, and he is also a Certified Workers Compensation Advisor (CWCA). Mr. Bosworth specializes in risk management consulting and oversees all other aspects of the firm. Mr. Bosworth is also a director of Southside Bank having served in that capacity since June 2015.

Patrick Callan

Ms. Patrick A. Callan is Director of the Company. Ms. Callan is a principal of Callan Consulting which has provided sales management, insurance, managed care and healthcare related consulting services in the Dallas/Fort Worth area since 2001. She previously held executive management positions in Texas and Kentucky for regional and national insurance companies and owned an independent insurance agency in Lexington, Kentucky. She also served on the Board of Directors of OmniAmerican from 2006 to December 17, 2014 when OmniAmerican was acquired by the Company. Ms. Callan holds a Texas General Lines License. Ms. Callan's extensive business management and leadership experience qualify her to be a member of the Board.

Tony Morgan

Mr. Tony David Morgan CPA. is Director of the Company. Mr. Morgan is a founding partner of Gollob Morgan Peddy P.C. an east Texas public accounting firm. He began his career as an accounting professional in 1972 and now specializes in Business Valuation and Litigation Support. He is a CPA, accredited in Business Valuation, and certified in Financial Forensics. Mr. Morgan is a graduate of Stephen F. Austin State University and has served in various community service roles for organizations including East Texas Communities Foundation, Children's Village and the East Texas Area Council, Boy Scouts of America. Mr. Morgan's extensive financial background, including being a founding partner of an accounting firm qualifies him to be a member of the Board.

John Sammons

Mr. John Sammons is Director of the Company. Mr. Sammons is the current Chairman and Chief Executive Officer of Mid States Services, Inc., a nationwide distributor of products and services to the corrections industry. He is also the owner of Temple Supply Company with investments in various non-public businesses related to sales to the convenience store industry. Mr. Sammons enjoyed an extensive public service career serving as mayor of Temple, Texas and also served on the Board of the Texas Department of Commerce among numerous other state and national appointments. He was Vice Chairman of the Board of Directors of OmniAmerican Bancorp, Inc. (“OmniAmerican”) from 2009 - December 17, 2014 when OmniAmerican was acquired by the Company. Mr. Sammons extensive business management background, knowledge of business and finance and skills leading numerous endeavors over 40 years qualifies him to be a member of the Board.

H. Shands

Mr. H. J. Shands, III serves as Director of Southside Bancshares, Inc. He is currently serves as the Chairman of the Board of Diboll.

Richard Warner

Lawrence Anderson

Dr. Lawrence Lazelle Anderson, M.D. is an Independent Director of Southside Bancshares, Inc. Dr. Anderson was the founder of Dermatology Associates of Tyler and served as the medical director from 1996 to 2012. He then served in the same role for Oliver Street Dermatology from 2012 to 2016. He is currently the Chief Medical Officer of Derm Growth Partners, a single specialty dermatology group with over 75 medical providers in three states. He is a graduate of Washington State University and Uniformed Services University of Health Sciences in Bethesda, Maryland. He is the Chairman of the University of Texas at Tyler Foundation Board and a published author, with a number of publications, presentations and lectures to his credit. He is also a Director of Southside Bank having served in that capacity since 2010. Dr. Anderson’s management, leadership skills and healthcare industry knowledge combined with his knowledge of business and finance, qualify him to be a member of the Board.

S.Elaine Anderson

Ms. S.Elaine Anderson CPA. is an Independent Director of the Company. Ms. Anderson has a BBA with a major in accounting from Indiana University and has been a licensed CPA since 1976. She served as a director of OmniAmerican from 1996 to December 17, 2014 and as independent Chairperson of the Board from May 2010 to December 17, 2014 when OmniAmerican was acquired by the Company. She served for 24 years with Texas Health Resources as Senior Vice President and Chief Compliance Officer prior to retiring in January 2016. In that role, she had responsibilities for compliance, privacy, information security and enterprise risk management. Texas Health Resources is one of the largest nonprofit healthcare systems in the nation and has 24 acute care and short-stay hospitals that are owned, operated, joint-ventured or affiliated with the healthcare system and other health care organizations. Ms. Anderson continues to serve as a consultant to the healthcare system and other healthcare organizations. Her prior professional experience includes serving in various positions with the international accounting firm, PwC from 1980 to 1991. She is a member of the American Institute of Certified Public Accountants, the Texas Society of Certified Public Accountants and the Health Care Compliance Association. Ms. Anderson's public accounting experience, understanding of financial statements and experience as the Chief Compliance Officer for a large healthcare system qualify her to be a member of the Board.

Alton Cade

Mr. Alton Cade Jr. is an Independent Director of Southside Bancshares, Inc. Mr. Cade was the co-owner and President of Cade’s Building Materials from 1975 until his retirement on January 1, 2007. He is the President and owner of Cochise Company, Inc., a real estate and investment company he formed in 1960. In addition, he is the managing partner of a family ranch and investment company. He served as an Elder/Trustee of Glenwood Church of Christ from 1977 to 2015. Mr. Cade has served on the Board since 2003 and prior to that on the Board of Southside Bank for over ten years. Mr. Cade’s management and business skills combined with his knowledge of real estate and years of experience on the Board, qualify him to be a member of the Board.

Melvin Lovelady

Mr. Melvin B. Lovelady, CPA, is an Independent Director of Southside Bancshares, Inc. Mr. Lovelady has a BBA with a major in accounting, has been a licensed Certified Public Accountant (“CPA”) since 1967, is a member of the American Institute of Certified Public Accountants, the Texas Society of Certified Public Accountants and the East Texas Chapter of the Texas Society of Certified Public Accountants. He was a founding member of Henry & Peters Financial Services, LLC, organized in 2000. He was an officer and shareholder of the accounting firm, Henry & Peters, PC from November 1987 through December 31, 2004. Prior to joining Henry & Peters, PC, he was a partner in the accounting firm of Squyres Johnson Squyres CPA. He is a member of the board of directors of the Tyler Junior College Foundation, the Hospice of East Texas Foundation, the East Texas Regional Food Bank Foundation and a Trustee of the R. W. Fair Foundation. Mr. Lovelady is a former partner with two accounting firms and a current or prior member of numerous boards, including serving on this Board since 2005, all of which qualify him to be a member of the Board.

William Sheehy

Mr. William Sheehy is an Independent Director of Southside Bancshares, Inc. Mr. Sheehy retired December 31, 2006 as senior partner of the law firm of Wilson, Sheehy, Knowles, Robertson & Cornelius PC, where he had practiced law since 1971. Mr. Sheehy received his law license in 1964 and continuously practiced until his retirement. Mr. Sheehy’s practice was primarily in the area of banking and commercial law, as well as real estate. Within these areas Mr. Sheehy has extensive experience in reorganizations, acquisitions and transactional events. As part of the banking practice, Mr. Sheehy has experience in loan structuring and collection issues. Mr. Sheehy is a former director of the Texas Association of Bank Counsel.

Preston Smith

Mr. Preston L. Smith is an Independent Director of Southside Bancshares, Inc. Mr. Smith has been the President and owner of PSI Production, Inc., a petroleum, exploration and production company since 1985. He is a member of the Independent Petroleum Association of America and served as Northeast Texas Representative to the Board of Directors from 1999 to 2005. Mr. Smith serves as a General Partner for the Pineywoods Mitigation Bank. Mr. Smith served on the Board of Trustees for All Saints Episcopal School of Tyler from 1994-2014, is Chairman of the Board of CHRISTUS Trinity Mother Frances Health System, is a member of the University of Texas at Tyler (“UT Tyler”) Engineering School Advisory Board and member of the Executive Committee of the UT Tyler Development Board. Mr. Smith’s management and leadership skills, combined with his knowledge of the oil and gas environment markets and the health care industry qualify him to be a member of the Board.

Donald Thedford

Mr. Donald W. Thedford is an Independent Director of Southside Bancshares, Inc. Mr. Thedford has been the owner and President of Don’s TV & Appliance, Inc., a home appliance and electronics store, since 1979. He is a member of the National Appliance Retail Dealers Association and the Nationwide Marketing Group. Mr. Thedford has previously served on the board of directors of the Tyler Area Chamber of Commerce, Better Business Bureau of East Texas, Retail Dealers Association and The Salvation Army. Mr. Thedford’s management and leadership skills running his business for over 35 years combined with his overall knowledge of business and finance qualify him to be a member of the Board.

Deborah Wilkinson