El Paso Corp. CEO Serves Up Discussion at Jan. 20 Bauer Breakfast
The Bauer College Alumni Association at the University of Houston Bauer College of Business kicked off its the spring lineup of its monthly networking breakfast series on Jan. 20 at the Houston City Club, with the chairman, president and chief executive officer of El Paso Corporation, Douglas L. Foshee. El Paso Corp. owns North America’s largest natural gas pipeline system and one of North America’s largest natural gas producers.
The college’s alumni association has held inspiring monthly networking breakfasts featuring distinguished and outstanding leaders for the past two years, drawing large numbers of alumni, corporate partners, and supporters and hosting some of Houston’s most engaging business leaders as speakers at the Houston City Club.
“For Bauer alumni, the breakfast series has become a ‘can’t miss’ event,” said Billy Tilotta (‘96), chairman of the Bauer College Alumni Association breakfast committee. “Having exceptional speakers, like Douglas Foshee, at these events helps us to attract even larger groups of alumni.”
“It’s not only a great way to reconnect to the college and network with your fellow Bauer alumni, it’s also an opportunity to hear leading CEOs give insight on what’s happening in their companies and industries,” he added.
In the fall, BCAA featured Houston Mayor Annise D. Parker, Astros president Pam Gardner and KTRH radio talk show host Michael Berry in their lineup of speakers. In addition to Foshee, they plan to host UH head football coach Kevin Sumlin in February.
January 20, 2010
Douglas L. Foshee
El Paso Corp. Chairman, President and CEO
Prior to joining El Paso in 2003, Douglas L. Foshee served as executive vice president and chief operating officer for Halliburton. He joined Halliburton in 2001 as executive vice president and chief financial officer. Prior to that, Foshee was president, chief executive officer and chairman of the board at Nuevo Energy Company. From 1993 to 1997, Foshee served Torch Energy Advisors Inc. in various capacities, including chief operating officer and chief executive officer. He held various positions in finance and new business ventures with ARCO International Oil and Gas Company and spent seven years in commercial banking, primarily as an energy lender.
Foshee earned a Master of Business Administration degree from the Jesse H. Jones School at Rice University in 1992 and a Bachelor of Business Administration degree from Southwest Texas State University in 1982. He is also a graduate of the Southwestern Graduate School of Banking at Southern Methodist University.
Foshee serves on the boards of Cameron International Corporation, Texas Business Hall of Fame Foundation, Central Houston, Inc., Greater Houston Partnership, and Houston Endowment Inc. He also chairs the board of directors of The Federal Reserve Bank of Dallas, Houston Branch, and is the Vice Chair of the National Petroleum Council.
From January 2009 until February 2010, Foshee was appointed by the U.S. Treasury and the Federal Reserve Bank of New York to serve in a leadership role as an independent trustee of the AIG Credit Facility Trust. The Trust was established by the U.S. Treasury to hold the 77.9-percent equity interest in American International Group (AIG).
Foshee is also a member of the Independent Petroleum Association of America, the Council of Overseers for the Jesse H. Jones Graduate School of Management at Rice University, Rice University’s board of trustees, and KIPP’s board of trustees. He is a recipient of the 2007 Ellis Island Medal of Honor for his commitment to helping children succeed and his leadership role in the business community. In 2008, Foshee was named Distinguished Alumni at Texas State University.
By Jessica Navarro