secwatch.observer — SEC 8-K summary
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Issuer:     CULLEN/FROST BANKERS, INC. (CFR)
CIK:        0000039263
Form:       8-K
Filed at:   2024-01-26T23:59:59+00:00
Accession:  0000039263-24-000005
Event type: leadership
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/39263/000003926324000005/0000039263-24-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/39263/000003926324000005/cfr-20240124.htm
  HTML page:      https://secwatch.observer/filing/0000039263-24-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer