Cadence Bancorporation (CADE) recently held its 2019 Annual Meeting of Stockholders at the Westin Galleria in Houston, Texas. It was announced that J. Richard Fredericks and Virginia A. Hepner were re-elected as Class II Directors to serve for three-year terms expiring at the 2022 Annual Meeting of Stockholders. In addition, Kathy Waller was elected to the board as a Class II Director to serve the same three-year term.
Robert K. Steel retired from the board of directors of Cadence Bancorporation effective May 8, 2019. “On behalf of Cadence Bancorporation, I would like to extend our most sincere appreciation to Bob for his 10 years of service and for the invaluable insights and guidance he provided over those years,” said Paul B. Murphy, Jr., chairman and CEO of Cadence Bancorporation.
At the meeting, stockholders also approved:
- An advisory vote on the compensation of Cadence Bancorporation’s named executive officers.
- An advisory vote on the frequency of future votes on the compensation of Cadence Bancorporation named executive officers for every one year.
- The ratification of the appointment of Ernst & Young LLP to serve as the independent registered public accounting firm for fiscal year 2019.
A complete report of the results of the meeting has been filed in a Form 8-K with the Securities and Exchange Commission.
About Cadence Bancorporation
Cadence Bancorporation (CADE), headquartered in Houston, Texas, is a regional financial holding company with $17.4 billion in assets as of March 31, 2019. Cadence operates 98 branch locations in Alabama, Florida, Georgia, Mississippi, Tennessee and Texas, and provides corporations, middle-market companies, small businesses and consumers with a full range of innovative banking and financial solutions. Services and products include commercial and business banking, treasury management, specialized lending, asset-based lending, commercial real estate, SBA lending, foreign exchange, wealth management, investment and trust services, financial planning, retirement plan management, business insurance, consumer banking, consumer loans, mortgages, home equity lines and loans, and credit cards. Clients have access to leading-edge online and mobile solutions, interactive teller machines, and more than 55,000 ATMs. The Cadence team of 1,800 associates is committed to exceeding customer expectations and helping their clients succeed financially.