Donald L. Evans of Midland appointed to Dallas Fed’s El Paso Branch board

For Immediate Release: January 11, 2021

DALLAS—The Federal Reserve Board of Governors has appointed Donald L. Evans of Midland to the Federal Reserve Bank of Dallas’ El Paso Branch board of directors. He will serve a three-year term ending Dec. 31, 2023.

As a board member, he will provide input on regional economic conditions as part of the Federal Reserve’s monetary policy functions.

Evans is chairman of the Permian Strategic Partnership, a coalition of energy companies that works on issues related to the development of oil and natural gas resources in the Permian Basin of New Mexico and Texas.

Evans served as U.S. Secretary of Commerce from 2001 to 2005. He began his career as a “roughneck” working on oil rigs for Tom Brown Inc., an independent energy company. He later became CEO of the company, continuing in that position until being named by President George W. Bush to lead the Commerce Department. Evans also served as chairman of Energy Future Holdings Company, formerly TXU Energy, from 2007 to 2018.

He was appointed to the University of Texas Board of Regents in 1995 and served as chairman from 1997 to 2001. He was also a board member of the Scleroderma Research Foundation for eight years.

Evans currently serves as chairman of the George W. Bush Foundation and chairman of the University of Texas MD Anderson Cancer Center Board of Visitors. He is a senior partner at Quintana Capital Group and senior advisor at Energy Capital Partners. He has remained active in his hometown of Midland and serves on the Midland Memorial Hospital Board of Governors.

Among his recognitions, Evans was named a University of Texas Distinguished Engineering Alumnus, inducted into the University of Texas’ McCombs School of Business Hall of Fame and named a Distinguished Alumnus of the University of Texas at Austin.  In 2014, Evans was inducted as a Texas Business Hall of Fame Legend and in 2019 was an inductee of the Texas Athletics Hall of Honor.

Evans holds a bachelor’s degree in mechanical engineering and an MBA from the University of Texas.

The El Paso Branch board consists of seven members, four appointed by the Dallas Fed and three appointed by the Federal Reserve Board of Governors in Washington, D.C.

For more information on the Dallas Fed, visit www.dallasfed.org.

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Media contact:
James Hoard
Federal Reserve Bank of Dallas
Phone: (214) 922-5307
Email: james.hoard@dal.frb.org