Influential San Antonio banker Tom Frost dies at 90

Texas
Tom Frost

SAN ANTONIO (KXAN) — Tom Frost, the chairman emeritus of Frost Bank’s parent company, has died at the age of 90.

Phil Green, the chairman and CEO of Cullen/Frost Bankers, said in a statement, “Tom Frost’s impact on our company, and in San Antonio in general, can’t be overstated. His leadership guided Frost Bank through times of rapid growth, expansion into other markets and its transition to a publicly traded company.”

The San Antonio Express-News reports Frost was regarded as one of the most influential men in San Antonio and South Texas, leading Frost Bank for 35 years before he retired in 1997. 

Green says Frost became chairman emeritus of the 150-year-old Cullen/Frost Bankers when the first CEO from outside the Frost family took over the company.

“In San Antonio, Tom Frost was an integral part of every community development from the medical center, Hemisfair and bringing the Spurs here through the city’s Tricentennial,” Green said. “All of us who knew Tom and learned from him will miss him terribly. Our sympathies are with his family.”

The Express-News said Frost suffered a stroke last month and had undergone a high-risk surgery to remove pressure on the brain.

Read more at MySanAntonio.com.

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