---
schema_version: "secwatch.filing_event.v1"
accession: "0000039263-24-000005"
form_type: "8-K"
ticker: "CFR"
cik: "0000039263"
company_name: "CULLEN/FROST BANKERS, INC."
filed_at: "2024-01-26T23:59:59+00:00"
generated_at: "2026-06-06T16:50:40.344670+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Cullen/Frost elects Hope Andrade to board, expanding size to 14 members

## Summary
- Hope Andrade, former Texas Secretary of State and entrepreneur, elected to board effective Jan. 24, 2024.
- Board expanded from 13 to 14 directors; Andrade will serve on Audit and Risk Committees.
- Andrade is independent under NYSE and SEC rules; compensation consistent with other non-employee directors.
- Her firm Go Rio San Antonio LLC had ordinary-course banking transactions with Cullen/Frost in 2023 and expected in 2024.

## SEC filing metadata
- accession: 0000039263-24-000005
- form_type: 8-K
- ticker: CFR
- cik: 0000039263
- company_name: CULLEN/FROST BANKERS, INC.
- filed_at: 2024-01-26T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/39263/000003926324000005/0000039263-24-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/39263/000003926324000005/cfr-20240124.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000039263-24-000005
- JSON: https://secwatch.observer/filing/0000039263-24-000005.json
- Plain text: https://secwatch.observer/filing/0000039263-24-000005.txt

## Key facts
- Executive change
  Hope Andrade was elected as director at CULLEN/FROST BANKERS, INC..
  - Action: elected
  - Role: director
  source text: On January 24, 2024, the Board of Directors (the "Board") of Cullen/Frost Bankers, Inc. (“Cullen/Frost”) elected Hope Andrade to serve as a director of Cullen/Frost effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/39263/000003926324000005/0000039263-24-000005-index.htm

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