George L. Ball
Following the merger, Mr. Ball will serve as Executive Co-Chairman of the Company. Mr. Ball has served as a director of Tectonic Financial since May 2017 and Co-Chairman of Tectonic Holdings since 2015. He has served as Chairman of Sanders Morris, and its predecessor, Sanders Morris Mundy Inc., from May 1992 to present, and served as Chief Executive Officer of Sanders Morris from 2008 to 2011. He previously served as Chairman of The Edelman Financial Group, or Edelman, a financial services holding company, from 2008 until its sale to Hellman and Friedman in 2015. During his tenure, Edelman experienced significant growth (from $3 billion to $18 billion in assets under management). From September 1992 to January 1994, Mr. Ball was a Senior Executive Vice President of Smith Barney Shearson Inc. From September 1991 to September 1992, he was a consultant to J. & W. Seligman & Co. Incorporated. Mr. Ball served as Chairman and Chief Executive Officer of Prudential-Bache Securities, Inc. from 1982 to 1991 and Chairman of the Board from 1986 to 1991. He also served a member of the Executive Office of Prudential Insurance Company of America from 1982 to 1991. Before joining Prudential, Mr. Ball served as President of E.F. Hutton & Co. Mr. Ball is a former governor of the American Stock Exchange and the Chicago Board Options Exchange, and served on the Executive Committee of the Securities Industries Association. He is a graduate of Brown University with honors in economics and served as an officer in the U.S. Navy. We believe Mr. Ball’s broker-dealer expertise and leadership of public companies, both as an executive and as a director, and stock exchanges qualifies him to serve on our board of directors.
Barb Bomersbach. Ms. Bomersbach has served as a director of Tectonic Financial since March 2019. Ms. Bomersbach is the Chief Financial Officer of TriState Midstream, a natural gas gathering and processing facility, where she has served in such capacity since 2012. Prior to that time, Ms. Bomersbach was the contract Chief Financial Officer for TriState Midstream from 2010 to 2011 and the Chief Financial Officer of Wynn Crosby, an oil and gas company, in 2009. Ms. Bomersbach is a Certified Public Accountant and Chartered Financial Analyst, and graduated summa cum laude from Texas A&M University with a BBA and MS in Accounting. We believe Ms. Bomersbach brings to the Board of Directors experience in financial and accounting matters, internal controls and compliance (from an accounting standpoint) and is our audit committee financial expert.
Following the merger, Mr. Cain will serve as non-executive Co-Chairman of the Company. Mr. Cain has served as a director of Tectonic Financial since November 2018, Chairman of Tectonic Holdings since 2015 and a partner at Cain Watters since 1983. Mr. Cain founded Cain Watters in 1983 as an accounting and investment advisory firm specializing in financial planning, working exclusively with members of the dental profession, and served as its President from 1983 until 2008, he is currently a partner of Cain Watters. Mr. Cain previously served on the board of directors of T Bancshares and the Bank from their formation until October 2005. Mr. Cain is a graduate of Baylor University where he received both a Bachelor of Business Administration and Master of Public Accounting degree. He holds certified public accountant and investment advisor representative designations. We believe Mr. Cain brings to our board of directors significant investment, financial planning and financial skills important to the oversight of enterprise and operational risk management of the Company.
Mr. Clapp joined Cain Watters and Associates in 1998 as a Financial Planner, and became a partner of the firm in 2008. In addition to providing full service financial planning to more than 100 clients, Mr. Clapp is the partner in charge of CWA’s IT department. He is a Certified Public Accountant and an Investment Advisor Representative. Mr. Clapp started his career at an international accounting firm. During his time there, he worked in the federal tax division, assisting clients with a wide variety of topics, ranging from the preparation of individual tax returns to planning corporate tax strategies. Mr. Clapp received his Bachelor’s degrees in accounting and finance from the University of Arkansas, and a Master of Science in taxation from the University of Denver.
Mr. Howard was named President & Chief Executive Officer of T Bancshares, Inc. and T Bank, N.A. in July 2010. He joined as a Director and Executive Vice President, Chief Operating Officer of both organizations in September 2007. Previously and from 1994, Mr. Howard served as the Executive Vice President, Chief Operating Officer of a $2.2 billion savings bank headquartered in Denver, Colorado. His responsibilities included management of bank operations, retail branch operations, mortgage servicing and loan operations, compliance and business and strategic planning, as well as serving on the board of directors. Mr. Howard started his banking career in 1986 in San Antonio, Texas. He is an honors graduate of the University of Texas at San Antonio, where he earned a Bachelor of Business Administration degree in finance.
Mr. Langford has been a director of our Company since February 2003. Mr. Langford is a Magna Cum Laude graduate from Texas A&M University. He has been active in the real estate industry for over 28 years as an investor and developer. Since 1995, he has managed Langford Property Company. He previously served as Senior Vice President for two leading national real estate firms, Opus West Corporation and Koll Development Company. A 50-year resident of Dallas, Mr. Langford was the founding President of North Texas Commercial Association of Realtors, which awarded him with the Stemmons Service Award, the highest honor in the Dallas real estate industry.
Thomas McDougal, DDS
Dr. McDougal has been a director of our Company since February 2003. Dr. McDougal is a practicing dentist, having been in private practice since 1970. He received a Bachelor of Science degree from Oklahoma State University and his Doctor of Dental Surgery degree from Baylor University. Since 1988, Dr. McDougal has practiced in Richardson, Texas as the owner of Tom M. McDougal DDS. He also serves on the board of directors of several national dentistry associations.
Mr. Sanders joined Cain Watters and Associates in 2002 as an associate planner to Mike Watters, eventually taking over the primary planning responsibilities for Mr. Watters’ client base. Mr. Sanders became a partner of the firm in 2008, and is also the partner in charge of the tax department. He is a Certified Public Accountant and an Investment Advisor Representative. He holds memberships with of the American Institute of Certified Public Accountants, the Texas Society of CPAs and the Dallas Society of CPAs. Mr. Sanders’ career started at one of the Big Four accounting firms, where he specialized in personal and corporate tax planning, including several international assignments to Saudi Arabia. Tom received a Bachelor of Arts in accounting and a Master of Science in taxation from Baylor University.
Mr. Sherman serves as the Chief Executive Officer of Tectonic Holdings, LLC, which is the parent of Tectonic Advisors LLC (a registered investment adviser with $1.7 billion in assets under management and advisement and provides advisory services to T Bank’s fiduciary assets) and Sanders Morris Harris LLC (a broker dealer with over $1 billion in client assets). In addition, Mr. Sherman is Chairman of T Bancshares, Inc. and T Bank, NA, a nationally chartered bank, which are affiliates of Tectonic by virtue of common ownership. Prior thereto, Mr. Sherman co-founded and served in various executive positions (including Chief Executive Officer and Chief Investment Officer) of Salient Partners, LP, a Houston-based investment firm with $17.5 billion in assets. At Salient, Mr. Sherman developed most of Salient’s investment products and co-developed patented software that provided scale to the distribution of Salient’s investment products. Prior to co-founding Salient, Mr. Sherman served as an executive officer and partner of The Redstone Companies where he, among other things, managed a private equity portfolio (with a concentration in financial services companies). Mr. Sherman previously practiced corporate law at Akin, Gump, Strauss, Hauer & Feld, LLP and was an auditor at Price Waterhouse, a public accounting firm. Mr. Sherman is an attorney and certified public accountant. Mr. Sherman has served as an adjunct professor of law at The University of Texas School of Law. Mr. Sherman has served on the boards of directors of several non-profit as well as public companies, including: Hilltop Holdings Inc. (NYSE: HTH) and Salient Midstream and MLP Fund (NYSE: SMM), which he co-founded. He has commented and written extensively on public policy and financial matters, including authoring articles for Barron’s, Marketwatch and other publications and wrote Shattering Orthodoxies: An Economic and Foreign Policy Blueprint for America (Easton Press, 2008), which reached no. 6 on Amazon’s top Social and Economic Policy Books after publication.
Mr. Wicker joined Cain Watters and Associates as a financial planner in 1997. When the company developed a partnership structure in 2008, he was appointed Managing Partner by Darrell Cain because he exhibited servant leadership. In addition to serving dozens of long-term clients, he oversees the financial planners and the financial planning process as the partner in charge of Operations. Mr. Wicker regularly lectures at the CWA Practice Transition Seminar, dental society meetings and study clubs nationwide. He is a Certified Financial Planner and holds a Personal Financial Specialist (PFS) license from the American Institute of Certified Public Accountants of which he is also a member. Additionally, he is an Investment Advisor Representative and a member of the Texas Society of CPAs. Mr. Wicker is an alumnus of Kansas State University, and began his career at a Big Four accounting firm.