Leadership / Phillip D. Green Phillip D. Green Chairman and Chief Executive Officer, Cullen/Frost Bankers, Inc. Biography Phillip D. Green is Chairman and Chief Executive Officer of Cullen/Frost Bankers, Inc. and Frost Bank. He joined the Cullen/Frost organization in July 1980 and served in a number of managerial positions within the company's financial division before being named Chief Financial Officer in 1995. He served as CFO until 2015, when he was named President of Cullen/Frost, and became Chairman and Chief Executive Officer in 2016. During Green's tenure, Cullen/Frost has expanded its presence across Texas and today ranks among the nation's 50 largest banks, while increasing its common stock dividend for 33 consecutive years. Since 2019, Green has overseen the largest expansion of financial center locations in the company's history, increasing the Frost network by more than 60 percent to serve Texas's growing economy. Frost has received the highest ranking in customer satisfaction among Texas retail banks in the J.D. Power U.S. Retail Banking Satisfaction Study for 17 consecutive years. Frost has also regularly received industry-leading Greenwich Excellence Awards for service to business clients and has been recognized in the American Banker/Reputation Institute Survey of Bank Reputations and Forbes magazine's lists of America's best banks. Green serves as Vice Chairman of the Board of Directors of Southwest Research Institute and chairs its Governance and Nominating Committee. He serves on the Executive Committee of The University of Texas System Chancellor's Council and the McCombs School of Business Advisory Council. In 2023, he was inducted into the McCombs School of Business Hall of Fame. He also serves on the Board of Directors of The Tobin Center for the Performing Arts and previously served as board chair. Green is a past chair of the Greater San Antonio Chamber of Commerce and currently serves on the Federal Reserve Board's Federal Advisory Council representing the Eleventh District. Green graduated with honors from The University of Texas at Austin in 1977 with a bachelor's degree in accounting. Prior to joining Frost, he spent three years in public accounting with Ernst & Ernst. He and his wife, Sandy, have been married for 50 years and have six grown children.