BOK Financial announces retirement of CFO Steven Nell in 2023
16 Novembre 2022 - 4:00PM
BOK Financial announced that Chief Financial Officer Steven Nell
will retire effective March 31, 2023, after 30 years with the
company and more than 20 years as CFO. Upon his retirement, Chief
Risk Officer Marty Grunst will become the company’s next CFO.
“Steven’s expertise and stewardship have been important to BOK
Financial’s growth during his tenure with the company,” said Stacy
Kymes, president and chief executive officer of BOK Financial. “We
are tremendously grateful to Steven for his contributions to our
company, but this transition is made easier by Marty’s considerable
financial management experience, as well as his strategic and
operational savvy. He will be a tremendous asset as we navigate a
complex operating environment.”
“I’ll miss the collaborative spirit up and down the
organization, but am so proud of where the company is today,” said
Nell. “It has been incredibly energizing to be on a team that
shares a vision and works toward achieving goals.”
As chief financial officer, Grunst will be responsible for all
accounting and financial reporting, tax, corporate treasury,
mergers and acquisitions, and investor relations. In addition, the
company’s enterprise data and analytics function will continue
reporting up through him.
Grunst has been with the company since 2009, initially as
treasurer and most recently serving as chief risk officer. He has
more than three decades of experience in the financial industry,
including treasury, corporate finance and line of business finance
roles with Bank One (now JPMorgan Chase). Grunst currently serves
on the board of Junior Achievement of Tulsa and previously served
on the Jenks Public School Foundation.
“Building on the disciplined momentum overseen by Steven is an
incredibly exciting opportunity,” said Grunst. “I could not be more
proud to continue his efforts and work alongside a remarkable
team.”
Mindy Mahaney will assume the role of chief risk officer. She
has been with the company since 2008 and most recently served as
chief operating officer for wealth management.
“Mindy’s leadership of the wealth division’s complex and
ever-changing operations, plus her past stints as CFO and
background in public accounting align well with the role of CRO,”
said Kymes.
Before joining BOK Financial in July 2008, Mahaney served as
chief financial officer at Oklahoma’s Spirit Bank. She previously
spent a decade in public accounting at Arthur Andersen after
graduating from Oklahoma State University with a double major in
Agricultural Economics and Accounting. A Certified Public
Accountant, she graduated with honors from the University of
Colorado’s Graduate School of Banking and has her Series 7
license.
“Stepping into such a critical role within the company is an
honor,” said Mahaney. “I am eager to continue working with the team
to ensure we are well-positioned for any and all future challenges.
I look forward to continuing to develop and champion our culture of
risk management.”
BOK Financial Corporation is a $44 billion regional financial
services company headquartered in Tulsa, Oklahoma with $95 billion
in assets under management and administration. The company's stock
is publicly traded on NASDAQ under the Global Select market
listings (BOKF). BOK Financial Corporation's holdings include BOKF,
NA; BOK Financial Securities, Inc.; BOK Financial Private Wealth,
Inc.; and BOK Financial Insurance, Inc. BOKF, NA's holdings include
TransFund and Cavanal Hill Investment Management, Inc. BOKF, NA
operates banking divisions across eight states as: Bank of
Albuquerque; Bank of Oklahoma; Bank of Texas; and BOK Financial® in
Arizona, Arkansas, Colorado, Kansas and Missouri; as well as having
limited purpose offices in Nebraska, Wisconsin and Connecticut.
Through its subsidiaries, BOK Financial Corporation provides
commercial and consumer banking, brokerage trading, investment,
trust and insurance services, mortgage origination and servicing,
and an electronic funds transfer network. For more information,
visit www.bokf.com.
Media Contact
Cydney Williams
C.Williams@bokf.com
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