Suzy Salls, EVP/CFO

Professional Overview

Suzy Salls is a seasoned financial executive with over 35 years of experience in the banking industry. As the Executive Vice President and Chief Financial Officer at Oakwood Bank, she oversees the company's financial operations, strategic planning, and risk management initiatives. Salls is known for her exceptional leadership, financial acumen, and her ability to drive organizational growth and profitability.

Experience Summary

Current Role

As the EVP/CFO of Oakwood Bank since 2018, Salls is responsible for overseeing the bank's financial reporting, budgeting, and compliance functions. She has played a pivotal role in streamlining the bank's financial processes, improving internal controls, and enhancing the institution's overall financial performance. Under her leadership, Oakwood Bank has seen a 20% increase in net income and a 15% reduction in operating expenses.

Career Progression

Prior to her current role, Salls served as the EVP/CFO at United Texas Bank from 2015 to 2018, where she led the successful integration of two acquired banks, resulting in a 12% increase in assets under management. Before that, she held the position of EVP/CFO at SharePlus Bank from 2005 to 2014, where she spearheaded the implementation of a new core banking system, which improved operational efficiency and customer service. Salls began her career at Mercantile Bank & Trust, where she held the role of SVP/CFO from 1986 to 2005, during which time she played a crucial role in expanding the bank's footprint and diversifying its product offerings.

Academic Background

Salls holds a Bachelor of Science in Accounting from the University of Texas at Austin and is a Certified Public Accountant (CPA). She has also completed executive leadership programs at the Wharton School of the University of Pennsylvania and the Stanford Graduate School of Business.

Areas of Expertise

Salls' areas of expertise include financial planning and analysis, treasury management, regulatory compliance, and strategic decision-making. She is known for her ability to navigate complex financial and regulatory environments, as well as her strong leadership skills in driving organizational transformation and continuous improvement.

Professional Impact

Throughout her career, Salls has been recognized for her contributions to the banking industry. She has served on the board of directors for the Texas Bankers Association and has been an active member of the American Institute of CPAs (AICPA). Salls has also been a guest speaker at industry conferences, sharing her insights on best practices in financial management and risk mitigation.

Conclusion

With her extensive experience, deep industry knowledge, and proven track record of success, Suzy Salls is a highly respected financial executive who continues to make a significant impact on the banking industry. As the EVP/CFO of Oakwood Bank, she is poised to lead the organization to new heights of financial performance and strategic growth.