Independent Bank Group, Inc. Announces Technology and Operations Leadership Changes

MCKINNEY, Texas, May 3, 2022–(BUSINESS WIRE)–Independent Bank Group, Inc. (NASDAQ: IBTX) today announced changes to its operations and technology leadership. James C. White will retire from the company and from his position as Executive Vice President, Chief Operating Officer effective July 1, 2022. In addition, Bill Wade has been named Executive Vice President, Chief Information Officer with effective immediately, and Daniel App has been appointed Executive Vice President, Chief Operating Officer effective May 9, 2022.

“I am extremely grateful for the leadership Jim has shown in helping us evolve our technology and operations teams over the past six years as we more than tripled our balance sheet through rapid growth,” said David R. Brooks, Chairman and CEO of Independent Bank Group. “We all wish him the best in the next chapter of his life, and we look forward to building on the strong foundation he helped establish as our company continues its growth trajectory into the future.”

Wade joined Independent Bank Group in 2021 and has over 36 years of experience in technology-focused roles, including 11 years as Chief Information Officer across multiple industries. He has been a guest speaker and instructor at many universities, organizations and technology forums. In his role, Wade will be responsible for leading the company’s technology operations and strategy, and he will report to President and Chief Operating Officer Michael B. Hobbs.

“Over the past year, Bill has done a terrific job advancing our key digital initiatives and helping position our business for the future,” said Michael B. Hobbs, President and COO of Independent Bank. Group. “I’m excited to have Bill on our team as we continue to evolve our platform against the backdrop of a rapidly changing technology landscape.”

App has been appointed to the newly created position of Executive Vice President, Chief Operating Officer. He has over 33 years of banking operations experience, most recently as Director of Operations and Processing for a $42 billion asset bank based in the North East. In his new role, App will oversee lending, deposit and treasury operations and report to President and Chief Operating Officer Michael B. Hobbs.

“I am thrilled to have Daniel join our team as Chief Operating Officer,” said Hobbs. “His depth of experience and demonstrated leadership make him the ideal person to help us operate at maximum efficiency while effectively mitigating operational risk as we continue to invest in our platform in anticipation of future growth.”

About the Independent Bank Group

Independent Bank Group, through its wholly owned subsidiary, Independent Bank, offers a wide range of relationship-oriented commercial banking products and services tailored to the needs of businesses, professionals and individuals. Independent Bank Group operates in four market regions located in Dallas/Ft. Worth, Austin and Houston areas of Texas and the Colorado Front Range region including Denver, Colorado Springs and Fort Collins.

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James Tippit
Executive Vice President, Corporate Responsibility
(972) 562-9004
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Jennifer C. Burleigh