Development Board

Development Board

Sam O. Kimberlin
Truman Breed
Andrew C. Elliott
Stanley M. Johanson
J. Gordon Muir, Jr.


Sam O. Kimberlin
Mr. Kimberlin is chairman of the Development Board and serves as a consultant to Austin Trust Company. He is a former Assistant Attorney General of Texas, counsel to the Texas Banking Department and chief executive officer of the Texas Bankers Association. He served as a member of the Board of Directors of the American Bankers Association and was chairman of ABA’s State Association Division. A past chairman of the Appraisal Review Board of the Travis Central Appraisal District, he is a member of the Advisory Council on Property Tax Consultants for the Texas Department of Licensing and Regulation. He is a member of the board of the Stephen F. Austin High School Continuing Education Foundation. He has also served on the Board of the Austin History Center Association. Mr. Kimberlin received his B. B. A. and L. L. B. degrees from The University of Texas and is a graduate of the Stonier Graduate School of Banking, Rutgers University.

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Truman Breed
Mr. Breed is the founder of Breed & Company, an innovative Austin family business, with $10 million annually in sales and two Austin locations. In 1970, Mr. Breed, who was the youngest loan officer at Austin National Bank, purchased Everett Hardware on Guadalupe Street. Within a few years he moved the store to 718 West 29th Street and soon after changed its name to Breed & Company. He and his talented wife, Ann, broadened the business to include upscale housewares, gourmet cookware, fancy foods, imaginative gifts and a garden shop, while developing a complete and comprehensive inventory of hardware. Both sons, Greg and Jeff, work in the family stores. Mr. Breed is past chairman of Handy Hardware in Houston, a co-op with 725 hardware dealers throughout the South and $250 million in annual sales. He received his B. B. A. from The University of Texas at Austin and is a graduate of the Stonier Graduate School of Banking, Rutgers University.

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Andrew C. Elliott
Mr. Elliott currently serves as Executive Director of the Fasken Foundation, a private philanthropic Foundation. Prior to that, he was President and CEO of RepublicBank Austin and Vice President/Regional Executive for Bank of America. He currently serves on the Board of the Bank of Texas, Austin, and is Treasurer of the Seton Fund Board of Trustees. Mr. Elliott received his B.B.A. from Texas A&M University and is a graduate of the Southwestern Graduate School of Banking in Dallas.

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Stanley M. Johanson
Professor Johanson holds the Fannie Coplin Regents Chair in Law at The University of Texas School of Law where he teaches courses in estate planning, wills and estates. He is co-author of Wills, Trusts & Estates, a law school casebook used in over 120 American law schools and is the author of numerous articles on estate planning and drafting of wills and trusts. He is active in the American College of Trust & Estate Counsel, the American College of Tax Counsel and is on the Council of the Real Estate, Probate & Trust Law Section of the State Bar of Texas. Mr. Johanson is an honors graduate of Yale University and received his L. L. B. from the University of Washington, where he was editor-in-chief of the Washington Law Review. He received a Master of Laws degree from Harvard Law School. He is Of Counsel to the Houston law firm of Vinson & Elkins, L. L. P.

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J. Gordon Muir, Jr.
Mr. Muir has been in banking since graduating from the University of Texas with a degree in finance. He served as chief executive officer of Cullen Bank, Houston, and Cullen/Frost Bank, Dallas, and as a member of the executive committee of Cullen/Frost Bankers, Inc., San Antonio. He was president and chief executive officer of Texas State Bank. He served as chairman of the board, president and CEO of Bank of Texas until its sale to Prosperity Bank. He is a graduate of the American Bankers Association Commercial Lending School. Mr. Muir was chairman of the Texas Bankers Association in 1994-1995 and a member of the Government Relations Council of the American Bankers Association in 1992-1994. He is a member of the Executive Board of the Capitol Area Council of Boy Scouts and previously was a member of the board of directors and executive committee of Sam Houston Council, Boy Scouts of America, Houston.

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