other material
confidence high
sentiment neutral
materiality 0.35
Texas Capital extends CEO Robert Holmes' employment agreement to 2027
TEXAS CAPITAL BANCSHARES INC/TX
- Employment agreement with CEO Robert C. Holmes extended for three years to January 23, 2027.
- Base salary remains $1,000,000; target annual incentive at least 200% of base; target LTI 350%.
- No changes to material compensation terms; only ministerial and conforming amendments.
- Severance unchanged: 2x base+target for without-cause/for-good-reason termination.
- Retirement-eligible equity vesting after age 57 with 2 years service, subject to non-compete.