Cadence Bancorporation was named a 2020 Winning “W” company by the 2020 Women on Boards advocacy campaign for having women form at least 20% of its board of directors.
According to 2020 Women on Boards, Cadence is a “shining example of enlightened business leadership” and is among the 52% of Russell 3000 index companies that are currently “W” companies, up from 43% last year.
Cadence’s board of directors consists of 10 members, including Virginia A. Hepner, Precious W. Owodunni and Kathy N. Waller.
“Embracing diversity and inclusion is a meaningful core value at Cadence and is essential to our success,” Paul B. Murphy, Jr., chairman and CEO of Cadence Bancorporation, said. “This important selection as a Winning ‘W’ company by 2020 Women on Boards truly shines light on our mission of advancing women in the workplace. We are extremely thankful for this recognition and for the invaluable contributions of Virginia, Precious and Kathy.”
2020 Women on Boards is an education and advocacy campaign driving the movement toward accelerating gender balance on corporate boards of directors.
Cadence Bancorporation, headquartered in Houston, is a regional financial holding company with $17.8 billion in assets as of December 31, 2019. The company provides commercial and business banking, treasury management, specialized lending, asset-based lending, commercial real estate, SBA lending, foreign exchange, wealth management, investment and trust services, financial planning, retirement plan management, personal and business insurance, consumer banking, consumer loans, mortgages, home equity lines and loans, and credit cards.
