Skip to main content

Douglas M. Kratz Retires from Triumph Bancorp Board of Directors

Written by Customer Service on . Posted in Public Companies.

DALLAS, Nov. 02, 2020 (GLOBE NEWSWIRE) — Triumph Bancorp, Inc. (Nasdaq: TBK) (“the Company”) announced today that Douglas M. Kratz, who has been a member of the Company’s Board of Directors since 2013, has retired from the Board of the Directors of the Company effective October 29, 2020. Kratz, age 69, retired in the days following the Company’s final regularly scheduled board meeting for the year to attend to ongoing health matters.
“Doug has been an invaluable source of guidance and expertise for our Board since our acquisition of National Bancshares in 2013,” said the Company’s Chairman of the Board, Carlos M. Sepulveda, Jr. Aaron P. Graft, the Company’s Vice Chairman, President and Chief Executive Officer, added, “We wish to thank Doug for his years of service. We will be forever grateful for his many contributions and wish him all the best in this next chapter of his life.”“Carlos and Aaron, as well as all the other team members at Triumph, should be extremely proud of what the Company has developed into over the past ten years. The individuals at the Company and TBK Bank are some of the finest people that I have ever been associated with. I look forward to watching their continued growth in the years to come,” remarked Kratz.ABOUT TRIUMPH BANCORP, INC.Triumph Bancorp, Inc. (NASDAQ: TBK) is a financial holding company headquartered in Dallas, Texas, with a diversified line of community banking, national lending, and commercial finance products. Our bank subsidiary, TBK Bank, SSB, is a Texas-state savings bank offering commercial and consumer banking products focused on meeting client needs in Texas, Colorado, Kansas, New Mexico, Iowa and Illinois. We also serve a national client base with factoring, equipment lending and asset based lending through Triumph Commercial Finance, discount factoring through Advance Business Capital LLC, d/b/a Triumph Business Capital, insurance through Triumph Insurance Group, Inc., and carrier and vendor payment solutions through TriumphPay.Investor Relations Contact
Luke Wyse
Senior Vice President, Finance & Investor Relations
lwyse@tbkbank.com | 214-365-6936Media Contact
Amanda Tavackoli
Senior Vice President, Communication
atavackoli@tbkbank.com | 214-365-6930

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.