Fraga and Hackett elected leaders of Dallas Fed's Houston Branch board
For immediate release: February 17, 2004
The board of directors of the Federal Reserve Bank of Dallas' Houston Branch has re-elected Lupe Fraga chairman for 2004. James T. Hackett was named chairman pro tem.
Fraga was appointed to the Houston
Branch board in 2001 by the Federal Reserve Board of
Governors and served as chairman in 2003. He is president
and chief executive officer of Tejas Office Products.
An active member of various civic organizations, Fraga
has served as chairman of the boards of Harris County
Child Protective Services, the Houston Hispanic Chamber
of Commerce, and the Greater Houston Convention and
Visitors Bureau. He has been honored as businessman
of the year by the Houston Hispanic Chamber and received
the Mexican Consulate's Angel Award.
Fraga earned a bachelor of business administration degree from Texas A&M University. He is a native of Houston, where he currently resides.
Hackett was appointed to the Houston
Branch board in 2003 by the Federal Reserve Board of
Governors. He is president and chief executive officer
of
Anadarko Petroleum Corp., an independent oil and gas
exploration and production company.
Before joining Anadarko, Hackett
was president and chief operating officer of Devon Energy
Corp. following its merger with Ocean Energy, where
he had served as chairman, president and CEO. Ocean
Energy was a product of a merger in 1999 with Seagull
Energy Corp., where Hackett also was chairman, president
and CEO.
Hackett joined Seagull from Duke Energy, where he led
its Energy Services Division as president. Prior to
that, he was executive vice president of Pan Energy
when the company merged with Duke Power to create Duke
Energy. His energy experience includes positions in
engineering, finance and marketing with NGC Corp., Burlington
Resources and Amoco Oil Co.
Additionally, Hackett is chairman of the Domestic Petroleum
Council, a board member of the American Petroleum Institute
and a member of the Society of
Petroleum Engineers. He is a director of Kaiser Aluminum
Corp., Temple-Inland Inc. and Fluor Corp. He also serves
as president of the Houston Grand Opera and chair for
the St. Luke's Episcopal Hospital capital campaign.
He has a bachelor of science degree from the University
of Illinois and a master of business administration
from Harvard University.
The Houston Branch board of directors consists of seven members, four appointed by the Federal Reserve Bank of Dallas board of directors and three by the Federal Reserve Board of Governors.
-30-
Media contact:
James Hoard
Phone: (214) 922-5307
e-mail: james.hoard@dal.frb.org