Jeffery Hildebrand

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Jeffery Hildebrand
Jeffery Hildebrand.jpg
University of Texas Board of Regents
Incumbent
In office
February 2013-Present
Term ends
February 2019
Years in position 1
PartyNon-partisan
Elections and appointments
AppointedFebruary 2013
Appointed byRick Perry
Term limitsN/A
Education
Bachelor'sUniversity of Texas-Austin
Master'sUniversity of Texas-Austin
Personal
Net worth$5.5 billion[1]
Websites
Office website
Jeffery Hildebrand is a member of the University of Texas System Board of Regents. Hildebrand was appointed to a six-year term in February 2013 by Rick Perry (R).[2]

Biography

Hildebrand graduated from the University of Texas at Austin in 1981 with a Bachelor's degree in geology. In 1985 he earned a Master's degree from his alma mater in petroleum engineering.[2][3]

Hildebrand founded Hilcorp, an oil and gas exploration and production company based out of Houston, Texas, in 1989 with two partners after previously working at Exxon. In 2011, Hildebrand sold his interests in Eagle Ford Shale to Marathon Oil for $1.4 billion.[1]

According to Forbes, as of September 2013 Hildebrand's net worth was $5.5 billion.[4] He ranked at number 77 on the Forbes 400, a listing of the wealthiest people in America.[4]

He serves on the University of Texas at Austin Engineering Advisory Board, as well as the Board of Directors of the University of Texas Investment Management Company.[2][5]

Political donations

Since 2000, Hildebrand has donated more than $365,476 to Texas for Rick Perry.[6]

Wallace Hall impeachment


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University of Texas Investigations

Background
Wallace Hall impeachment trialPolitical favoritism in admissions to the University of TexasForgivable loans program at the University of Texas Law School House Select Committee on Transparency in State Agency Operations (TSAO)Joint Committee on Oversight of Higher Ed Governance, Excellence & Transparency

UT Regents
Wallace HallPaul FosterEugene PowellSteven HicksErnest AlisedaJeffery HildebrandBrenda PejovichAlex CranbergRobert Stillwell

Elected Officials
Rick PerryJoe StrausCharles PerryTrey FischerDan FlynnNaomi GonzalezEric JohnsonLyle LarsonCarol AlvaradoFour PriceJim PittsDan Branch

UT Individuals
Bill PowersLarry SagerBarry BurgdorfKevin HegartyFrancisco CigarroaCarol Longoria
See also: Wallace Hall impeachment trial

After he was appointed in 2011, University of Texas Regent Wallace Hall began looking into what he believed to be clout scandals within the University of Texas system. Hall investigated the university's forgivable-loans program, admissions policies and preferential treatment to politically-connected individuals.[7] Hall, as an individual citizen, filed a large number of FOIA requests with the University system after his inquiries via his role as a Regent were rebuffed.[8] According to his accusers, Hall filed requests of more than 800,000 pages, which some Texas administrators called an unnecessary burden.[9][10] However, a letter from University chancellor Francisco Cigarroa in February 2014 said that Hall likely requested fewer than 100,000 pages.[11][12] In addition, Cigarroa wrote: "During testimony before the Select Committee, some early witnesses implied that the U.T. System has not protected the privacy rights of students, staff, and patients. This is simply not true."[13]

An effort was begun in June 2013 to try and impeach Hall from his position as regent. Some legislators are justifying the impeachment on the grounds that Hall did not disclose several lawsuits that he was involved in when he originally completed his Regent background check. Hall updated Governor Rick Perry's office in April 2013 with the full list.[14][15] No unelected official in Texas has ever been successfully impeached or removed from office.[16] Governor of Texas Rick Perry's spokesperson said the investigations send a "chilling message" to gubernatorial appointees.[17] He added that the investigation was "extraordinary political theater."[18]

In July 2013, University of Texas Chancellor Francisco Cigarroa and Powell responded to the ongoing investigation and negative remarks against Hall from some elected officials and University of Texas staff. Cigarroa said Hall was not allowed to access anything that was not reviewed by University lawyers to ensure they met federal privacy standards. In a July 15, 2013 letter to state representative Jim Pitts, Powell wrote: "Regent Hall's efforts extend to bringing the U.T. System into a competitive position nationally; especially related to offering blended and online learning opportunities to U.T. students. I would point out Regent Hall's excellent service to the Board in terms of time and energy. I appreciate his Board service and his dedication and hard work designed to fulfill his fiduciary obligations.[19][20] He added: "I am aware of no instance of Regent Hall inappropriately sharing information that is confidential by law with others outside U.T. System and encourage you to identify any specific concerns you have in this area," Hall investigated the university's forgivable-loans program, admissions policies and preferential treatment to politically-connected individuals.[21]

Call for Hall to resign

At a May 15, 2014 Board of Regents meeting, Board Chair Paul Foster said he believed Hall should resign from his position as Regent. "I implore you to deal with the results of the actions that now have the potential for significant consequence for the UT system," Foster said.[22] Regents Alex Cranberg and Eugene Powell defended Hall's actions while Jeffery Hildebrand, Robert Stillwell and Steven Hicks supported Foster in his call for resignation. No formal vote on Hall was taken by the board.[23]

Foster implied that Hall's resignation would be the best course of action in order to end the distraction that was caused by the impeachment trial.[24] Hall was present at the meeting but did not comment to media.[25]

Hall's attorney Allan Van Fleet sent a letter to Foster indicating that Hall would not resign.[26][27]

Regents committees

Hildebrand serves on the following Board standing committees:[28]

  • Audit, Compliance, and Management Review
  • Finance and Planning
  • Health Affairs
  • Technology Transfer and Research

Personal

Hildebrand is married with three children.

See also

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External links

References

  1. 1.0 1.1 Texas Monthly, "Jeffery Hildebrand," accessed November 22, 2013
  2. 2.0 2.1 2.2 University of Texas System, "Jeffery Hildebrand Biography," accessed October 31, 2013
  3. Hilcorp, "About Jeffery Hildebrand," accessed November 22, 2013
  4. 4.0 4.1 Forbes, "Jeffery Hildebrand," accessed October 31, 2013
  5. University of Texas Investment Management Company, "Board of Directors," accessed December 11, 2013
  6. Dallas Morning News, "Gov. Perry appoints three members to UT Board of Regents," February 21, 2013
  7. American Spectator, "Transparency for Thee," October 25, 2013
  8. Daily Texas Online, "Facing impeachment, Regent Wallace Hall defends actions in debate with Sen. Kirk Watson," September 28, 2013
  9. Daily Texas Online, "Former UT System vice chancellor alleges Regent Wallace Hall’s ‘clear intent to get rid of Bill Powers’," October 24, 2013
  10. Dallas Morning News, "UT regent sought 800,000 documents, official says in impeachment hearing," October 22, 2013
  11. Watchdog, "‘Witch hunt’ fallout: Speaker calls for narrower public records law," February 5, 2014
  12. Texas Tribune, "UT System Responds to Transparency Committee Directives," February 3, 2014
  13. Texas Tribune, "Cigarroa letter to the Committee on Transparency in State Agency Operations," February 1, 2014
  14. Texas Tribune, "UT Regent Wallace Hall Updates Lawsuit Disclosures," April 30, 2013
  15. Real Clear Policy, "The Campaign Against Wallace Hall," August 15, 2013
  16. News-Journal, "University of Texas regent not worried by impeachment inquiry," September 9, 2013
  17. Texas Tribune, "Transparency Committee to Mull Impeachment of UT Regent," June 25, 2013
  18. Texas Tribune, "Perry Blasts Impeachment Probe of Wallace Hall," October 30, 2013
  19. Texas Tribune, "UT System Pushes Back Against Criticism of Regent Hall," July 16, 2013
  20. University of Texas System, "Letter from Eugene Powell to Jim Pitts," July 15, 2013
  21. American Spectator, "Transparency for Thee," October 25, 2013
  22. Austin American-Statesman, "Chairman of UT board of regents calls for resignation of Wallace Hall," May 15, 2014
  23. Houston Chronicle, "Board chairman asks embattled UT regent to resign," May 15, 2014
  24. Texas Tribune, "UT Board Chairman Calls for Regent Hall to Resign," May 15, 2014
  25. The Alcalde, "Regents Chairman Calls on Wallace Hall to Resign," May 15, 2014
  26. KXAN, "Texas Regent Hall defies call for him to resign," May 19, 2014
  27. Houston Chronicle, "Wallace Hall to UT Chairman Foster: I won’t resign," May 19, 2014
  28. University of Texas System, "Board Committees," accessed October 31, 2013