A leader in San Antonio and South Texas business, banking, and philanthropy has died. Tom C. Frost Jr. was 90.
Frost was with Frost Bank for 35 years before retiring as president and CEO in 1997.
“Tom Frost’s impact on our company, and in San Antonio in general, can’t be overstated,” said Phil Green, chairman and CEO of Cullen/Frost Bankers in a news release. “His leadership guided Frost Bank through times of rapid growth, expansion into other markets and its transition to a publicly traded company. He had the vision and courage to oversee a leadership transition and became chairman emeritus when the first CEO from outside the Frost family took over.
“… All of us who knew Tom and learned from him will miss him terribly. Our sympathies are with his family.”
Frost was an active member of the San Antonio community, Green said, and “was an integral part of every community development from the medical center, Hemisfair and bringing the Spurs”.
The University of Texas Health Science Center honored Frost and his wife in 2014 for their contributions to the Cancer Therapy and Research Center.
The Texas chain of Frost banks was started in downtown San Antonio by Frost’s great-grandfather, Colonel T.C. Frost, in 1868.