Tulsa, Okla. (Tuesday, April 24, 2001) - Joe Cappy, Chairman, CEO and President, Dollar Thrifty Automotive Group was elected today, at the BOK Financial Corp. (NASDAQ: BOKF) annual meeting as a director of the company and its subsidiary, Bank of Oklahoma, N.A. "Joe has become one of Tulsa's premier community leaders since Chrysler transplanted him and his family here several years ago. And he has built Dollar Thrifty into a very successful company and fine corporate citizen" said George B. Kaiser, chairman of BOK Financial Corp. "His business skills - drawn from a mixture of corporate and entrepreneurial experience - and his community spirit will be very helpful to BOk as we address increasingly diverse and complex strategic decisions."
Cappy joined Dollar Thrifty Automotive Group, INC. (NASDAQ: DTAG) in 1997 where he led a successful initial public offering. Before his involvement with Dollar Thrifty, he held the position of Vice President - Rental Car Operations for Chrysler Corporation, from which he retired in 1997.
Cappy received a Bachelor of Arts in Marketing and Finance from the University of Wisconsin. His involvement in the auto industry, which has spanned more than two decades, began when he joined Ford Motor Company. His early positions in sales, marketing and finance set in motion a career that elevated through several management and leadership roles which include General Marketing Manager, Lincoln-Mercury Division, Ford Motor Company and President and Chief Executive Officer, American Motors Corporation.
His strong community involvement in Tulsa and Oklahoma has included executive or board positions with the Tulsa Chamber of Commerce, Oklahoma Business and Education Coalition, Oklahoma Business Roundtable, BSA - Indian Nations Council, Tulsa Area United way, Tulsa Community Foundation, Oklahoma Regents for Higher Education, Philbrook Museum, U.S. Olympic Committee and Tulsa Sports Commission.
BOK Financial Corp. is a multi-bank holding company based in Tulsa, Okla., with offices in Arkansas, Kansas, New Mexico, Oklahoma and Texas. Bank subsidiaries include Bank of Albuquerque, N.A. Bank of Arkansas, N.A. Bank of Oklahoma, N.A. and Bank of Texas, N.A. Assets of the organization exceed $10 billion. BOK Financial's trust company subsidiaries are responsible for $17.2 billion in assets.
TransFund, the company's electronic funds transfer network, has more than 1,100 machines installed in an eight-state area and provides services for more than 300 financial institutions and more than 1.3 million cardholders. BOK Financial's mortgage companies have offices in six states. -30-