First Financial Bankshares, Inc. announced the promotion of Kyle McVey to Executive Vice President and Chief Financial Officer of First Financial Bank. Michelle Hickox will continue in her role as Executive Vice President and Chief Financial Officer for the parent company, First Financial Bankshares.
Mr. McVey's contributions have included supporting regional leadership, enhancing investor relations, and improving accounting practices. His leadership in the Customer Service First initiative and community involvement have been instrumental in the company's progress.
Separately, the company renewed its stock repurchase plan, authorizing the repurchase of up to 5,000,000 shares of common stock through July 31, 2026. This represents approximately 3.5% of the company's outstanding shares and indicates management's confidence in the company's outlook and commitment to shareholder value.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.