Texas Gulf Bancshares in Houston has a new bank CEO.
The $695 million-asset company said in a press release that Steve Thompson has also become president of Texas Gulf Bank.
Thompson, who was Houston area president at Prosperity Bank, also joined the boards of the company and the bank.
“Following a thorough and deliberate search process, the board unanimously concluded that Steve is the right leader to guide the bank into its next chapter,” Wirt Blaffer, the company’s chairman, said in the release. “His deep knowledge of the Houston market, proven ability to lead high-performing teams, and strong commitment to community banking align closely with our long-term strategic vision.”
Thompson succeeded James Brown, Jr., who remains the company’s vice chairman.