The Baylor College of Medicine Board of Trustees has elected investment company owner Fred R. Lummis as its chair, and named four new members to the board. Joining Lummis, chair of Platform Partners LLC, as officers of the board are U.S. Circuit Judge Carolyn Dineen King as vice chair and secretary, SCF Partners Co-President David Baldwin as vice chair and Transwestern President and CEO Larry P. Heard as vice chair.
Lummis has served on the Baylor board since 1996, and most recently served as vice chair. His first official event as chair was the 2015 Commencement Ceremony held Tuesday for Baylor’s School of Medicine and Graduate School of Biomedical Sciences.
Four new trustees were added to the board: Michael G. MacDougall, Ralph Eads III, Kirk Townsend and William E. Mearse.
MacDougall is a partner at TPG Capital, L.P. and leads the firm’s global energy and natural resources investing efforts. He currently serves on corporate boards for select TPG Capital portfolio companies. Before joining TPG Capital 13 years ago, MacDougall was a vice president in the principal investment area of the merchant banking division of Goldman, Sachs & Co. Additionally, he is a member of the board of directors for The Opportunity Network and The University of Texas Development Board.
Eads is vice chair of leading investment bank, Jefferies LLC. He and his team have raised approximately $70 billion in joint venture, merger and private equity transactions to finance shale development in North America. Prior to joining Jefferies, Eads was president of Randall & Dewey, an investment bank that was sold to Jefferies. Previously Eads has held other senior positions at firms after beginning his career at Merrill Lynch.
Townsend is vice president of international operations with Ariel Corp., a privately held oilfield equipment manufacturing company. He is the past president of the North American group of Universal Compression. Townsend has more than 30 years of sales and executive management experience. He currently serves on the boards for Yellowstone Academy School, Post Oak Bank and Baylor University’s Hankamer Business School Advisory Board. He has previously served as a board member for the Palmer Drug Abuse Program, Epilepsy Foundation of Texas, Baylor Foundation Advisory Board, Lakeside Country Club and Star of Hope.
Mearse retired as the chief operating officer for Accenture’s Resources business and as managing director of the Houston office. During his 33 years with Accenture, he served in numerous roles and worked with resources clients globally to deliver valued business outcomes. Since retiring, Mearse remains involved in several private investment and service activities. Additionally, he chairs the Board of Advocates for Baylor University’s School of Engineering and Computer Science and the Houston Baylor Business Network Advisory Committee. He also is a member of the Baylor Angel Network, the advisory committee for Baylor University’s new Master’s in Social Work program in Houston, and the advisory board for Houston Baptist University’s business school and Center for Christianity and Business.