Dallas-based Hilltop Holdings has appointed William B Furr as chief financial officer (CFO) effective 1 September 2016.
In his new role, Furr will oversee all accounting and finance functions for Hilltop at the holding company level, including accounting, tax, external reporting, treasury, financial planning and analysis, capital planning, stress testing, and Sarbanes-Oxley (SOX) compliance.
He will be actively involved with the Hilltop Holdings board of directors, external auditors, regulators and investors.
Darren Parmenter, Hilltop’s current principal financial officer, will move to the new role of chief administrative officer for Hilltop Holdings, effective 1 September.
“Will brings more than 15 years of experience in banking and finance to our executive leadership team,” says Jeremy B Ford, president and CEO of Hilltop Holdings. “His diverse experience in strategic, business and financial planning will bring fresh perspective to Hilltop as we continue to pursue our growth objectives. Will is a proven finance leader with deep expertise in performance management that will be a great asset to our company as we seek to improve productivity and efficiency across our four complementary business segments – banking, residential mortgage, brokerage, and property and casualty insurance.”
Furr joins Hilltop from Cleveland-based KeyCorp, where he served as executive vice president, community bank CFO, led KeyCorp’s financial planning and analysis group, and provided financial support for KeyCorp’s support and administrative functions.
Prior to his tenure at KeyCorp, Furr served in various financial leadership roles at Regions Financial including business lines CFO and consumer services CFO. In addition, he also provided financial oversight for technology, operations, marketing, and corporate facilities.
Previously, he held several roles with Bank of America Corporation, including senior vice president, finance, specialising in global middle market banking, global liquidity and treasury services, and mass market strategy and product innovation.
“Hilltop Holdings’ unique corporate culture, impressive track record of value creation, and dynamic growth plans make this an exceptional opportunity,” says Furr. “I look forward to joining the Hilltop leadership team and working with its experienced business unit leaders as we seek to deliver on its strategic vision to build the premier Texas-based financial services company by creating significant shareholder and customer value.”