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Based in Houston, Shults will oversee the BBVA Compass Insurance’s network of 10 agencies across the U.S. Sunbeltg and its nearly 300 “We’re ready to significantlh enhance and expand BBVA Compass and Hal, with his many years of experienc in strategically building business and is the perfect person to lead this said Manolo Sanchez, BBVA Compass presidenr and chief executive officer. For the past 15 Shults served as president and chief executive of Guarantu InsuranceServices Inc., the sister company of Guarantuy Bank, both owned by Austin-based Guarantu Financial Group Inc.
Shults grew the agency from a $15 60-employee agency in 1995, to a $70 milliohn agency with 300 employees in Texasx and Californiain 2008. Though headquartered in Birmingham, Ala., Spanish-ownede BBVA Compass has much of its key management team baserdin Houston. The bank ranks as the fourth-largestt in Texas based on depositmarket share.
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