New Oklahoma City market CEO also announced
TULSA, Okla.--(BUSINESS WIRE)--
BOK Financial (NASDAQ: BOKF) announced today that Marc Maun will become
the company’s next chief credit officer. A 30-year veteran of the
company, Maun currently serves as chairman and market CEO of Bank of
Oklahoma, Oklahoma City. John Higginbotham, current president of the
Oklahoma City market has been named the new market CEO.
“Marc has successfully served the company in a number of roles over the
past three decades, gaining valuable experience to position him for the
role of chief credit officer,” said BOK Financial President and CEO
Steve Bradshaw. “Our credit culture and focus on long-term growth is
what sets BOK Financial apart from the competition, so filling this lead
role internally with someone who fully understands and appreciates that
was a priority.”
Maun will report directly to Bradshaw and become a member of the
executive leadership team, which drives the strategy and direction of
the corporation. He takes over the new role after current Chief Credit
Officer Stacy Kymes was recently named the executive vice president for
Corporate Banking for the company. Kymes and Maun will work together
during the transition period, which should be completed no later than
June 30.
In his career at BOK Financial, Maun has worked throughout the company
in a variety of roles, including leading Treasury Services,
International Banking, Mergers and Acquisitions, Corporate Banking and
Correspondent Banking all in Tulsa at the company’s headquarters. In
2006, Maun was tapped to lead the creation of a new banking division,
Bank of Kansas City. Under his leadership, the market bank grew from a
start up to more than $562 million in loans and 130 employees. He moved
back to Oklahoma in 2013 to become the chairman and CEO of Bank of
Oklahoma, Oklahoma City.
“The discipline and consistency of our credit culture is the foundation
of who BOK Financial is and what’s kept us successful despite the
inevitable ups and downs of the economy,” said Maun. “I look forward to
using the knowledge and experience I’ve gained here over the years to
lead such a vital role within our company.”
Higginbotham has been with the company for nearly 30 years serving in a
variety of positions. For the past three years, he has held the role of
president of the Oklahoma City market. As market CEO, Higginbotham will
be the senior executive responsible for all client relationships and
operations in Oklahoma City. He will report to Norm Bagwell, executive
vice president for Regional Banks.
“John is a proven leader and knows the Oklahoma City market inside and
out. I have every confidence that the transition will be smooth and well
received by our clients, employees and the community,” said Bagwell. “We
have experienced a revitalization of our banking efforts in Oklahoma
City since Marc joined, and I know that John is well positioned to
leverage our investment in the market.”
About BOK Financial Corporation
BOK
Financial Corporation is a $29 billion regional financial services
company based in Tulsa, Okla. The company's stock is publicly traded on
NASDAQ under the Global Select market listings (symbol: BOKF). BOK
Financial's holdings include BOKF, NA, BOSC,
Inc. and The Milestone Group, Inc.BOKF, NA operates the TransFund, Cavanal
Hill Investment Management, MBM Advisors and seven banking
divisions: Bank
of Albuquerque, Bank
of Arizona, Bank
of Arkansas, Bank
of Kansas City, Bank
of Oklahoma, Bank
of Texas, and Colorado
State Bank and Trust. Through its subsidiaries, the company provides
commercial and consumer banking, investment and trust services, mortgage
origination and servicing, and an electronic funds transfer network. For
more information, visit www.bokf.com.
BOK Financial Corporation
Investor Relations:
Joe Crivelli,
918-595-3027
jcrivelli@bokf.com
or
Media
Relations:
Andrea Myers, 918-594-7794
amyers@bokf.com
Source: BOK Financial Corporation