Biography

Phil Green serves as Chairman and Chief Executive Officer of Cullen/Frost Bankers, Inc., and Frost Bank. Green joined the Cullen/Frost organization in July 1980 and served in a number of managerial positions in the Company’s financial division before being named Chief Financial Officer in 1995, a position he held until 2015 when he was named President of Cullen/Frost. He became Chairman and CEO in 2016.

During Mr. Green’s tenure at Frost, the Company has become one of the nation’s 50 largest banks and has increased its common stock dividend for 30 consecutive years. Mr. Green launched a significant multi-year expansion of the Company's physical locations in major Texas markets representing a significant commitment to organic growth. At the same time, Frost has won numerous accolades for excellence and customer service, receiving the highest ranking in customer satisfaction in Texas in the J.D. Power U.S. Retail Banking Satisfaction Study for 16 consecutive years, and earning the most Greenwich Excellence Awards for service to business clients among banks nationwide for eight consecutive years. Frost has also ranked highly in the American Banker/Reputation Institute Survey of Bank Reputations and Forbes magazine’s list of America’s 100 Best Banks.

Mr. Green serves as the Vice Chairman of the Board of Directors of the Southwest Research Institute and chairs the Investment Committee. He serves on the University of Texas at Austin Chancellor’s Council Executive Committee, McCombs School of Business Advisory Council, and the McCombs Scholars Program committee. Mr. Green and his wife, Sandy, are members of the McCombs School of Business Cornerstone Society and he was inducted into the McCombs School of Business Hall of Fame in November of 2023. Mr. Green is on the Board of Directors of The Tobin Center for the Performing Arts, where he has served as board chair and is a past chair of the Greater San Antonio Chamber of Commerce. He is currently serving on the Federal Reserve Board’s Federal Advisory Council serving the Fed’s 11th District.

Mr. Green graduated with honors from the University of Texas at Austin in 1977, earning a bachelor’s degree in accounting. Prior to joining Frost, he spent three years in public accounting with Ernst & Ernst. Mr. Green and his wife, Sandy, have been married for 49 years and have six grown children.