Leadership and Board

Joseph M. “Jody” Grant 

Mr. Grant is currently Chairman Emeritus of Texas Capital Bancshares and is Founding Partner and Chairman of BankCap Partners.

Jody Grant is a native of San Antonio, Texas where in high school he set two national Junior Olympic swimming records and was a high school All American in 1955 and 1956.  He attended Southern Methodist University on a swimming scholarship where he majored in Finance.  At SMU he won four individual Southwest Conference championships, was named to the collegiate All America team, and in 1959 his time in the 1500 meter freestyle was among the top ten in the world.

Mr. Grant earned an MBA from The University of Texas at Austin.  Upon receiving his degree, he joined the executive training program at Citibank in New York City.  After five years he returned to the University of Texas to earn a Ph.D. in finance and economics.  In 1970, he joined Texas Commerce Bank as Senior Economist where he developed the expansion strategy for Texas Commerce Bancshares, which became the 26th largest bank in the country (now J.P. Morgan Chase).  As an economist, Mr. Grant garnered a national reputation during the energy crisis of the 1970s.

After five years at Texas Commerce, Mr. Grant joined Texas American Bank in Fort Worth where he became chairman and CEO of Texas American Bancshares (TAB) in 1986.  He assumed the position just when the Texas economy was caught in the vortex of the “perfect storm.”  Nine of the ten largest banks in Texas failed to survive, including TAB.  He chronicled this experience in his best selling book, The Great Texas Banking Crash—an Insider’s Account, published in 1996.

In 1990, Mr. Grant joined Electronic Data Systems (EDS) as CFO, where in 1996 he co-led its split-off from General Motors, which then was the fourth largest transaction ever on Wall Street. In 1998, he founded Texas Capital Bank and its parent Texas Capital Bancshares, then the largest banking start-up in U. S. history.  In recognition of this success, in 2001 he received banking’s highest honor by being named Community Banker of the Year by American Banker. Texas Capital went public in 2003 and is now $17 billion in assets.  He served as Chairman and CEO until his retirement in 2008.  Today, Mr. Grant serves as Chairman Emeritus of Texas Capital and is the founding partner and Chairman of BankCap Partners, a private equity firm formed to expand the Texas Capital model outside of Texas and to invest in high growth community banks.  In 2007, BankCap started Atlantic Capital Bank in Atlanta, which replaced Texas Capital as the nation’s largest banking start-up.  BankCap also has major investments in banks in Richmond, La Jolla, Chicago, and Kansas City.

Mr. Grant is a member of The University of Texas at Austin College of Business Administration Hall of Fame and the Business School’s Board of Visitors which he chaired in 1996.  He is a member of the boards of trustees of the foundations of Dallas County Community College and University of Texas Southwestern Medical School.  He is a member of Chief Executive Organization, World Presidents Organization, and former chairman of Communities Foundation of Texas.  In 2010, he was inducted into Horatio Alger Association of Distinguished Americans where he is also a member of its board of directors.  He has served on the boards of trustees of SMU and TCU, and the boards of directors of numerous public companies, including Texas Capital Bancshares, EDS, and Reliant Energy.  In 1987-1988, he served as International President of the Young Presidents Organization, which today has 20,000 members in 120 countries.  He also has served as chairman of the Fort Worth Chamber of Commerce and of the North Texas Commission, which is an economic development and marketing agency for the Dallas/Fort Worth Metroplex.

Ernst & Young named Mr. Grant Entrepreneur of the Year for the Financial Services Industry in 2002.  In 2005, he received Southern Methodist University’s Silver Anniversary Mustang Award, “presented annually to an SMU letter winner whose contributions have made a significant, positive, and lasting impact on his community.”  In 2010, Mr. Grant was named a Distinguished Alumnus of SMU’s Cox School of Business, and he was honored by Rotary Club of Dallas and Safer Dallas Better Dallas with the 2010 Citizen Public Safety Award.  In 2011, Junior Achievement of Dallas inducted Mr. Grant into its Dallas Business Hall of Fame.  In 2013, he was honored as a Distinguished Alumnus of SMU and was inducted into the Texas Business Hall of Fame.  In 2014, he was inducted into the Texas Bankers Hall of Fame.  In 2015, Mr. Grant and his wife Sheila received the Linz Award, “Dallas’ highest form of recognition” given to an individual or couple “whose civic or humanitarian efforts over the last decade have bestowed the greatest benefit to the Dallas area.”

Mr. Grant is chairman of Woodall Rodgers Park Foundation, which operates Klyde Warren Park, a $110 million park that serves as the epicenter of the Arts District and connects Uptown and Downtown Dallas.  He led the effort to develop the Park, which opened to great acclaim on October 27, 2012.  Klyde Warren Park has been transformational for Dallas, connecting Uptown and Downtown and serving as the “Front Lawn” of the Dallas Arts District.  It is believed to be a major catalyst in attracting businesses and residents to Uptown and Downtown thereby accelerating the revitalization of central Dallas.  In 2014, Klyde Warren Park received the Urban Land Institute’s Open Space Award for the best urban open space project in the country for 2014.

Mr. Grant and his wife Sheila have two grown children, Mary Elizabeth Grant and Steven Clay Grant.