First Financial Bankshares, Inc., First Financial Bank Announce Promotion of David Bailey to CEO

Core Viewpoint - First Financial Bankshares, Inc. has announced the promotion of David Bailey to CEO, succeeding F. Scott Dueser, who will remain as Executive Chairman until the 2028 Annual Meeting, ensuring a smooth transition in leadership [1][2]. Group 1: Leadership Transition - David Bailey has been with the Company for over 22 years, progressing from a teller to various leadership roles, demonstrating his deep knowledge of the industry and commitment to customer service [2]. - F. Scott Dueser emphasized Bailey's qualifications and vision for the Company's future growth, highlighting the importance of maintaining the Company's status as one of the top-rated banks in the country [2]. Group 2: Company Overview - First Financial Bank is a wholly owned subsidiary of First Financial Bankshares, Inc., headquartered in Abilene, Texas, operating multiple banking regions with 79 locations across Texas [4]. - The Company also operates First Financial Trust & Asset Management Company and First Technology Services, Inc., expanding its service offerings beyond traditional banking [4].