Cadence Bancorporation Announces Appointment of New Board Member

HOUSTON–(BUSINESS WIRE)–Cadence Bancorporation (NYSE: CADE), a regional financial holding
company, today announced the appointment of Precious Williams Owodunni
to its board of directors for a term that expires in 2021.

“Precious is an accomplished business strategist, and we are excited to
have her join our board,” said Paul B. Murphy, Jr., chairman & CEO of
Cadence Bancorporation. “Her guidance and expertise will be instrumental
and provide a meaningful impact as we continue to grow organically and
through additional M&A.”

Ms. Owodunni is president of Mountaintop
Consulting
, a business strategy and branding company that serves
leading corporations and financial services, law, and private equity
firms. Prior to establishing Mountaintop, Ms. Owodunni was a vice
president at Goldman, Sachs & Co., where she made private equity
investments in high growth businesses and served on the board of several
portfolio companies. She began her Goldman career as an investment
banker in the Mergers & Strategic Advisory Group, advising energy,
retail, and industrial companies on M&A and corporate finance
transactions.

Ms. Owodunni graduated with honors from Yale University and received her
J.D. from Yale Law School. She currently serves as a board member of the
Houston Parks Board and the Episcopal Health Foundation.

About Cadence Bancorporation

Cadence Bancorporation (NYSE: CADE), headquartered in Houston, Texas, is
a regional financial holding company with $17.6 billion in total pro
forma assets for the combined Cadence Bancorporation and State Bank
Financial Corporation as of December 31, 2018. Cadence operates 98
branch locations in Alabama, Florida, Georgia, Mississippi, Tennessee
and Texas, and provides corporations, middle-market companies, small
businesses and consumers with a full range of innovative banking and
financial solutions. Services and products include commercial and
business banking, treasury management, specialized lending, asset-based
lending, commercial real estate, SBA lending, foreign exchange, wealth
management, investment and trust services, financial planning,
retirement plan management, personal and business insurance, consumer
banking, consumer loans, mortgages, home equity lines and loans, and
credit cards. Clients have access to leading-edge online and mobile
solutions, interactive teller machines, and more than 55,000 ATMs. The
Cadence team of 1,800 associates is committed to exceeding customer
expectations and helping their clients succeed financially.

Contacts

Cadence Bancorporation
Media
contact:

Danielle Kernell
713-871-4051
danielle.kernell@cadencebank.com

Investor relations contact:
Valerie Toalson
713-871-4103
or 800-698-7878
vtoalson@cadencebancorporation.com

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