Texas Capital Bancshares: Chief Risk Officer Departs; Interim CRO Named

What Happened

• Texas Capital Bancshares, Inc. (TCBI) filed an 8-K (Item 5.02) reporting that Chief Risk Officer David Oman and the company mutually agreed he will depart effective immediately on September 16, 2026. The filing states the separation is not related to any disputes or to the company’s financial condition, internal controls, disclosure controls, or enterprise risk management.
• Chief Credit Officer David Youngberg will assume the responsibilities of Chief Risk Officer in addition to his current role, effective September 16, 2026, while the company conducts an internal and external search for a permanent successor; Youngberg will be a candidate.

Key Details

• Date of filing and effective date of change: September 16, 2026.
• Departing officer: David Oman, Chief Risk Officer — departure described as mutual and not related to disputes or financial/control issues.
• Interim appointment: David Youngberg, Chief Credit Officer, assumes CRO duties in addition to his current responsibilities.
• Company has initiated internal and external search for a successor; Youngberg is a candidate.

Why It Matters

• Risk leadership changes can affect how the bank oversees credit and operational risks; investors should note who is overseeing risk management during the transition.
• The company explicitly stated the departure is not related to financial condition or controls, which limits immediate governance or accounting concerns based on the filing.
• Investors may watch for updates on the CRO search and any disclosures about changes to risk policies or organization as the interim arrangement continues.