Paul B. Murphy, Jr., chairman and CEO of Cadence Bancorporation (CADE), was named a Most Admired CEO honoree by the Houston Business Journal.
In making their selections, the panel of judges evaluated characteristics including contribution to company success, civic involvement and career achievement to identify 42 for-profit and 17 nonprofit leaders for this year’s award.
“From the beginning, we’ve set out to build a company culture based on the empowerment of our people and solid execution on the fundamentals,” Murphy said. “To be acknowledged for our commitment to be a great place to work and to always do a great job for customers is a proud accomplishment.”
Murphy’s straightforward leadership philosophy – Aim high, work hard – has guided the bank from formation through four acquisitions and an IPO. He also is active in the community as a board member for the Hope and Healing Center and Institute, Houston Hispanic Chamber of Commerce, Natural Resource Partners, and Oceaneering International, Inc., and on the City of Houston Complete Communities Advisory Board.
About Cadence Bancorporation
Cadence Bancorporation (CADE), headquartered in Houston, Texas, is a regional financial holding company with $17.9 billion in assets as of September 30, 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, personal and 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.