---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-119957"
form_type: "8-K"
ticker: "HTH"
cik: "0001265131"
company_name: "Hilltop Holdings Inc."
filed_at: "2023-11-20T23:59:59+00:00"
generated_at: "2026-06-07T23:15:39.797286+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Hilltop Holdings Announces Retirement of PlainsCapital Bank CEO Jerry Schaffner, Succession Plan

## Summary
- Jerry Schaffner, President and CEO of PlainsCapital Bank, will retire effective May 1, 2024.
- Brian Heflin promoted to President of PlainsCapital Bank effective November 15, 2023.
- Jeremy B. Ford, Hilltop President and CEO, to become CEO of PlainsCapital Bank upon Schaffner's retirement.
- Pete Villarreal promoted to Chief Operating Officer of PlainsCapital Bank.
- Press release issued November 20, 2023 announcing the leadership transition.

## SEC filing metadata
- accession: 0001104659-23-119957
- form_type: 8-K
- ticker: HTH
- cik: 0001265131
- company_name: Hilltop Holdings Inc.
- filed_at: 2023-11-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1265131/000110465923119957/0001104659-23-119957-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1265131/000110465923119957/tm2331210d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-119957
- JSON: https://secwatch.observer/filing/0001104659-23-119957.json
- Plain text: https://secwatch.observer/filing/0001104659-23-119957.txt

## Key facts
- Executive change
  Jeremy B. Ford was appointed as Chief Executive Officer of PlainsCapital Bank at Hilltop Holdings Inc..
  - Action: appointed
  - Role: Chief Executive Officer of PlainsCapital Bank
  source text: at which date Jeremy B. Ford will become Chief Executive Officer of PlainsCapital Bank.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1265131/000110465923119957/0001104659-23-119957-index.htm
- Executive change
  Jerry Schaffner retired as President and Chief Executive Officer of PlainsCapital Bank at Hilltop Holdings Inc..
  - Action: retired
  - Role: President and Chief Executive Officer of PlainsCapital Bank
  source text: Jerry Schaffner, President and Chief Executive Officer of PlainsCapital Bank, notified Hilltop Holdings Inc., or the Company, that he will retire effective May 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1265131/000110465923119957/0001104659-23-119957-index.htm
- Executive change
  Brian Heflin was appointed as President of PlainsCapital Bank at Hilltop Holdings Inc..
  - Action: appointed
  - Role: President of PlainsCapital Bank
  source text: Effective November 15, 2023, Brian Heflin assumed the responsibilities of President of PlainsCapital Bank.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1265131/000110465923119957/0001104659-23-119957-index.htm

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