Paul B. Murphy Jr.
 | This article may have been created or edited in return for undisclosed payments, a violation of Wikipedia's terms of use. It may require cleanup to comply with Wikipedia's content policies, particularly neutral point of view. (April 2024) |
Paul B Murphy Jr. | |
|---|---|
| Nationality | American |
| Alma mater | University of Texas at Austin (MBA) |
| Occupation | Banker |
| Years active | 1981–2023 |
| Known for |
|
Paul B Murphy Jr. is an American retired banker who was the CEO and chairman of Cadence Bank.[1][2][3]
Early life and education[edit]
Murphy was born in Vicksburg, Mississippi.[4] He received his early education from Warren Central High School. From 1977-1981, Murphy attended Mississippi State University from where he received his bachelor's degree in finance.[5] He graduated from University of Texas at Austin in 1988 with Masters in business administration.
Career[edit]
Murphy began his banking career in 1981 at Allied Bank of Texas, where he was a Vice President from June, 1981 till December, 1989.[6] Later in 1990, he joined Amegy Bank as an Executive Vice President and was elected as President in 1996. He was the Chief Executive Officer of Amegy Bank of Texas, from 2000 till 2009.[7][8][9]
Murphy along with a group of investors raised $1 billion to acquire Cadence Bank in 2011.[10] He was the chairman and CEO of the bank until 2021,[11] when Cadence Bank merged with BancorpSouth Bank in October, 2021.[12][13][14]
As part of the merger, Murphy transitioned to the role of executive vice chairman of the new Cadence Bank.[15] He retired from the bank, having moved into a consulting role with Cadence by the end of March 2023.[5]
He has been a director of Oceaneering International, Inc., since August 2012.[16]
References[edit]
- ^ Donnelly, Grace (May 14, 2021). "Cadence CEO says merger with BancorpSouth is 'all about growth'". Houston Business Journal. Retrieved 2023-10-27.
- ^ "The best of times, the worst of times - they're both right now in Texas Inc". Houston Chronicle. 2019-05-31. Retrieved 2023-10-27.
- ^ Christian, Maitree (April 12, 2021). "BancorpSouth Bank, Houston-based Cadence Bancorp. to combine in all-stock deal". www.spglobal.com. Retrieved 2023-10-27.
- ^ Surratt, John (August 11, 2023). "Vicksburg native Paul Murphy Jr. plans to remain active after successful banking career". The Vicksburg Post.
- ^ a b France, Chandler (May 9, 2023). "Paul Murphy Jr. reflects on 42-year career after retiring from Cadence Bank". www.bizjournals.com. Retrieved 2023-10-27.
- ^ Greer, Jim (Aug 10, 2003). "Banker right on the money with financial powerhouse". www.bizjournals.com. Retrieved 2023-10-27.
- ^ Wooten, Casey (August 1, 2010). "Amegy ex-CEO Paul Murphy counts on Community". www.bizjournals.com. Retrieved 2023-10-27.
- ^ "People - Amegy's Paul Murphy: Post Acquistion Everyone Is On Edge". American Banker. 2006-02-24. Retrieved 2023-10-27.
- ^ Steffy, Loren (2009-12-09). "Amegy's CEO makes a hasty withdrawal". Chron. Retrieved 2023-10-27.
- ^ Cadence Bancorporation (March 17, 2017). "Form S-1". EDGAR. Washington, D.C.: U.S. Securities and Exchange Commission. Retrieved 2023-10-27.
- ^ "FDIC Approves Merger of BancorpSouth and Cadence Bank". ABFJournal. Retrieved 2023-10-27.
- ^ Diamond, Jonathan (2021-04-12). "Cadence Bank agrees to merge with Mississippi lender in $6B deal". Houston Chronicle. Retrieved 2023-10-27.
- ^ Mahaney, Ben (October 18, 2021). "BancorpSouth & Cadence Merger Approved". Yahoo Finance. Retrieved 2023-10-27.
- ^ "Houston company completes Cadence Bank deal". The Dispatch. 2011-03-07. Retrieved 2023-10-27.
- ^ Thornton, William (2021-04-12). "BancorpSouth Bank and Cadence Bank to merge". al. Retrieved 2023-10-27.
- ^ "Oceaneering International, Inc. - Governance - Board of Directors - Paul B. Murphy, Jr". investors.oceaneering.com. Retrieved 2023-10-27.