Baylor University's Board of Regents Names New MemberJune 24, 2013
Follow us on Twitter: @BaylorUMediaCom
Contact: Lori Fogleman, (254) 710-6275
Alumnus and El Paso businessman Paul L. Foster joins University's governing board
WACO, Texas (June 24, 2013) - Baylor University Board of Regents Chairman Richard Willis announced today that Paul L. Foster, BBA '79, Chairman of the Board and Executive Chairman of Western Refining Inc., of El Paso, has been elected to a three-year term on the University's governing board. Foster will begin his service as a Baylor Regent when the board next meets in July.
"We are honored to welcome Paul Foster to the Baylor Board of Regents," Willis said. "Paul is an extraordinarily accomplished entrepreneur and businessman with a long history of generously supporting his alma mater, which he credits for preparing him for professional success. From his lead gift in 2006 to establish the Paul L. Foster Success Center, which enables all Baylor students to develop their full potential, to his recent historic gift of $35 million to support construction of the new Baylor football stadium and the forthcoming Paul L. Foster Campus for Business and Innovation that will house our outstanding Hankamer School of Business, Paul is a passionate advocate for empowering others through a Baylor education. With a profound understanding of Baylor's distinct mission in higher education, he brings a wide range of perspective and expertise to the Baylor Board of Regents as the University continues to move powerfully into the future under our Pro Futuris strategic vision."
Foster and his wife Alejandra are recipients of the Baylor Legacy Award, which is presented to individuals who demonstrate extraordinary service and philanthropy to Baylor. Foster also has been honored for his faithful support of Baylor by the 1845 Society, as well as the Judge R.E.B. Baylor Society of the Baylor University Medallion Fellowship. From 2008-2010, he served on the advisory board of the Hankamer School of Business and is a member of the Baylor Bear Foundation. In 2007, he donated $50 million to help create the Paul L. Foster School of Medicine at Texas Tech University Health Sciences Center in El Paso and also was appointed by Gov. Rick Perry to The University of Texas System Board of Regents, where he currently serves as vice chairman.
"I firmly believe that the opportunities afforded to me throughout my life are very much a result of my educational experiences at Baylor, and I find it very rewarding to be able to give back to the University that prepared me for personal and professional success," Foster said. "I look forward to serving during this exciting time in the history of Baylor University."
ABOUT BAYLOR UNIVERSITY
Baylor University is a private Christian University and a nationally ranked research institution, characterized as having "high research activity" by the Carnegie Foundation for the Advancement of Teaching. The University provides a vibrant campus community for approximately 15,000 students by blending interdisciplinary research with an international reputation for educational excellence and a faculty commitment to teaching and scholarship. Chartered in 1845 by the Republic of Texas through the efforts of Baptist pioneers, Baylor is the oldest continually operating University in Texas. Located in Waco, Baylor welcomes students from all 50 states and more than 80 countries to study a broad range of degrees among its 11 nationally recognized academic divisions. Baylor sponsors 19 varsity athletic teams and is a founding member of the Big 12 Conference.