David Bailey Elevated to CEO of First Financial Bankshares Inc. Following Board Announcement

Leadership Transition at First Financial Bank

On January 28, 2026, First Financial Bankshares, Inc. announced a pivotal leadership change with the promotion of David Bailey to the role of Chief Executive Officer. This transition comes from the boards of directors of both First Financial Bankshares and First Financial Bank, as they look to the future under new leadership. Previously, the CEO position was held by F. Scott Dueser, who will continue to play an essential role as the Executive Chairman of the Boards.

A Proven Leader

David Bailey brings over 22 years of experience within the company, having started his career as a teller. Throughout his tenure at First Financial, he has demonstrated a deep understanding of the banking industry, also showing his unwavering commitment to excellence in customer service. His rise through various roles, including President and CEO of the Eastland Division and Executive Vice President, Chief Banking Officer, has equipped him with the insights necessary to lead the organization effectively.

F. Scott Dueser expressed confidence in Bailey's abilities, stating, "The First Financial board of directors and I are pleased to announce the promotion of David Bailey, who will now serve as President and CEO of First Financial Bankshares and First Financial Bank." Dueser highlighted Bailey's vision for growth and his dedication to maintaining the bank's status as one of the top-rated in the nation.

Transition Plans

To ensure a smooth transition, Dueser will remain in his Executive Chairman role until the 2028 Annual Meeting, aligning with the company's ongoing management succession plan. This approach allows Bailey and Dueser to work closely during this transition period, maintaining continuity and support as the company enters a new chapter under Bailey’s leadership.

Educational and Community Commitment

Bailey holds a strong educational background, being a graduate of McMurry University and the Southwest Graduate School of Banking at SMU. Aside from his banking accomplishments, he actively participates in community service. He currently serves as the First Vice Chair of the board of trustees for McMurry University, Secretary/Treasurer of the Abilene Chamber of Commerce, and an Executive Board Member of the Hendrick Medical Center Foundation. Bailey’s dedication extends to the arts as well, being the Chair Elect of the Board of the Abilene Philharmonic Orchestra, showcasing his broad interests beyond banking.

About First Financial Bank

First Financial Bank is a subsidiary of First Financial Bankshares, Inc., headquartered in Abilene, Texas. The company operates numerous banking facilities across Texas with branches in cities like Fort Worth, College Station, and more. First Financial Bank is committed to enhancing the banking experience and continues to focus on service excellence, making it a stand-out choice for customers in various Texas communities.

As David Bailey steps into his role as CEO, the future looks promising for First Financial Bank, with its continued commitment to growth, community service, and customer-centric banking services.