---
schema_version: "secwatch.filing_event.v1"
accession: "0000039263-22-000006"
form_type: "8-K"
ticker: "CFR"
cik: "0000039263"
company_name: "CULLEN/FROST BANKERS, INC."
filed_at: "2022-01-28T23:59:59+00:00"
generated_at: "2026-06-27T14:25:00.782689+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Cullen/Frost Bankers announces two director retirements and nominations of Baker and Rutherford

## Summary
- Directors Karen E. Jennings (since 2001) and Ida Clement Steen (since 1996) to retire at April 2022 annual meeting.
- Board nominates Laurie Baker (COO of Camden Property Trust) and Linda Burke Rutherford (EVP at Southwest Airlines) for election.
- Retirements and nominations effective at annual meeting currently scheduled for April 27, 2022.
- Jennings served on Compensation, Governance, and Risk committees; Steen on Compensation, Governance, and Technology committees.

## SEC filing metadata
- accession: 0000039263-22-000006
- form_type: 8-K
- ticker: CFR
- cik: 0000039263
- company_name: CULLEN/FROST BANKERS, INC.
- filed_at: 2022-01-28T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/39263/000003926322000006/0000039263-22-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/39263/000003926322000006/cfr-20220125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000039263-22-000006
- JSON: https://secwatch.observer/filing/0000039263-22-000006.json
- Plain text: https://secwatch.observer/filing/0000039263-22-000006.txt

## Key facts
- Executive change
  Karen E. Jennings retired as Director at CULLEN/FROST BANKERS, INC..
  - Action: retired
  - Role: Director
  source text: On January 25, 2022, Ms. Karen E. Jennings notified Cullen/Frost Bankers, Inc. (“Cullen/Frost”) of her decision to retire and not stand for re-election to the Board of Directors of Cullen/Frost (the “Board”) when her term expires at Cullen/Frost’s 2022 Annual Meeting of Shareholders (the “Annual Meeting”) currently scheduled to be held on April 27, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/39263/000003926322000006/0000039263-22-000006-index.htm
- Executive change
  Ida Clement Steen retired as Director at CULLEN/FROST BANKERS, INC..
  - Action: retired
  - Role: Director
  source text: Also on January 25, 2022, Ms. Ida Clement Steen notified Cullen/Frost of her decision to retire and not stand for re-election to the Board when her term expires at the Annual Meeting currently scheduled to be held on April 27, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/39263/000003926322000006/0000039263-22-000006-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.