Joseph M Grant

Jody Grant was born in 1938 in San Antonio, Texas. His father was a brilliant lawyer, whose clients were the wealthiest oilmen of the time. Jody Grant was named to the high school All America team his junior and senior years in high school. Upon graduation, he accepted a full swimming scholarship to Southern Methodist University. While there, he won four individual Southwest Conference championships, was named to the collegiate All America team, and was ranked in the top 10 in the world in the 1500-meter freestyle in 1959. During his junior year in college, he met his future wife, Sheila.After he graduated from college with a degree in finance, Jody Grant earned an MBA from the University of Texas at Austin. After five years of hard work in climbing the corporate ladder, he decided to return to Texas to enter the Ph.D. program at the University of Texas at Austin. He worked his way through the program by teaching at the undergraduate level, and was awarded a fellowship, which paid for the last two years of the three-year program. Jody Grant finished his doctoral program and accepted a job as chief economist for Texas Commerce Bank in Houston.On the day he was elected chairman and CEO of Texas American Bancshares, the company announced its first quarterly loss since its founding in 1873. The Grants sold their house and used the proceeds to pay their debts. He was hired as the chief financial officer with Electronic Data Systems (EDS). He began outlining a new banking model and in December 1998, with financial and technical backing from EDS, Mr. Grant opened Texas Capital Bank with the largest initial capitalization in U.S. history. The bank met with immediate success. Based on the success of Texas Capital Bank, Jody Grant transitioned to chairman emeritus of Texas Capital and became active in BankCap Partners, a private equity firm he incubated within Texas Capital to replicate the Texas Capital model in other major U.S. markets. Mr. Grant serves as chairman of Communities Foundation of Texas and of Woodall Rodgers Park Foundation, which is building a $105 million 5.2 acre park over a major freeway in downtown Dallas. He also is on the board of visitors of the foundations of M. D. Anderson Cancer Center, University of Texas Southwestern Medical School, The University of Texas at Austin College of Business Administration, and Dallas County Community College. Mr. Grant has served on the boards of trustees of SMU and TCU, and the boards of numerous public companies.