Paul B. Murphy Jr.
Executive Vice Chairman
Paul B. Murphy Jr. is Executive Vice Chairman of Cadence Bank. Mr. Murphy and a group of investors raised $1 billion in equity in 2010 to invest in the distressed banking industry. After acquiring Cadence Bank in 2011, the company grew through additional acquisitions and core growth. In 2017, the company completed an IPO and subsequently grew to $18 billion in assets prior to merging with BancorpSouth Bank in October, 2021.
Prior to that, Mr. Murphy spent 20 years at Amegy Bank of Texas, helping to steer that institution from $75 million in assets and a single location to assets of $11 billion and 85 branches in Texas. Mr. Murphy managed the sale of Amegy to Zions Bancorporation for $1.7 billion in 2005.
Mr. Murphy earned a Bachelor of Science degree from Mississippi State University in 1981 and an MBA from the University of Texas at Austin in 1988. He is an advocate of the community and has served on numerous corporate and nonprofit boards. Currently, he is on the boards of Oceaneering International Inc., Natural Resource Partners, Hope and Healing Center and Institute, Houston Hispanic Chamber of Commerce, and the City of Houston Complete Communities Advisory Board. He is also active in the World Presidents Organization.