Independent Bank president Berntsen resigns, CEO Brooks to assume role
Independent Bank Group said in a regulatory filing that, on September 28, Torry Berntsen submitted his resignation as president and a director of Independent Bank Group and as a director of Independent Bank, IBG's wholly owned subsidiary bank. The board of directors of IBG accepted his resignation on October 3, 2016. The resignations become effective on October 5, 2016. On October 3, 2016, the board of directors of IBG appointed David R. Brooks, IBG's chairman and CEO, as president of IBG. The IBG board of directors also appointed current IBG director G. Stacy Smith as a member of the Strategic Planning Committee to fill the vacancy on the committee created by Berntsen's resignation.