Join The Discussion

 

Dallas Fed's Fisher, Philadelphia Fed leaders to retire in 2015

WASHINGTON — The outspoken president of the Federal Reserve Bank of Philadelphia will step down in March, shortly before the central bank is expected to raise interest rates for the first time since the recession, the regional bank said Monday.

read more >

RadioShack sees stock jump on investment report

Fort Worth-based RadioShack saw its stock increase as much as 45 percent on Friday as investor Standard General LP said it was continuing talks on new financing for the electronics retailer.

read more >

Fort Worth couple gets in 'Shark Tank,' comes out with deal

A Fort Worth couple who started a business when they couldn’t sleep, were the first entrepreneurs to get a deal on ABC’s Shark Tank in the season premiere on Sept. 26.

read more >

Internal audit says EPA mismanaged Fort Worth project

FORT WORTH, Texas (AP) — An internal audit by the U.S. Environmental Protection Agency reveals the agency mismanaged an experiment using new ways to demolish asbestos-ridden buildings.

read more >

Weatherford's Wild Mushroom to open in Fort Worth's Ridglea Village

Weatherford restaurant staple The Wild Mushroom Steak House & Lounge will be coming to Fort Worth in November, moving into the former site of Ray’s Steakhouse at to 3206 Winthrop Ave. in the Ridglea Village Shopping Center.

read more >

University of Texas names AD search advisory panel

JIM VERTUNO, AP Sports Writer

AUSTIN, Texas (AP) — A seven-person advisory panel to help the search for a new University of Texas men's athletic director includes two school regents, a billionaire donor and a former U.S. ambassador to Switzerland who was quail hunting with Dick Cheney when the former vice president accidentally shot a man in the face.

The panel was announced Monday by President Bill Powers. The school must find a replacement for longtime athletic director DeLoss Dodds, who built Texas into the nation's richest athletic department — its annual budget is nearly $170 million — and is retiring in 2014 after 32 years.

"The committee members all have deep ties to UT Austin and the athletics program, as well as decades of experience in business, government, higher education and philanthropy," Powers said. "Their guidance will be invaluable as I work over the next few weeks to find a new athletics director who will build on our program's success."

The panel also includes four members who belong to the Texas Coalition for Excellence in Higher Education, a key ally for Powers in his recent power struggles with some members of the school's board of regents.

The panel includes Regents Steve Hicks and Robert Stillwell, who are Powers allies and the governing board's athletics liaisons, and Pamela Willeford, who served as U.S. ambassador to Switzerland and Liechtenstein under President George W. Bush.

Willeford was with Cheney at a South Texas ranch in 2006 when Cheney shot hunting partner Harry Whittington in the face, neck and chest with birdshot. Willeford also is a former chair of the Texas Higher Education Coordinating Board.

How much influence over the athletic director search the panel will have remains to be seen. The school has also hired a search firm, and Hicks and Stillwell, have said they expect the regents to let Powers select the athletic director.

Powers said he and the committee will also seek guidance from alumni, regents, faculty and students. Although Dodds remains under contract until Aug. 31, 2014, Powers has said he'd like to hire his replacement in the next couple of months.

Other members of the panel include:

—Robert Rowling, a former regent whose $5 million donation prompted the school to name the east side of the football stadium after his father Reese Rowling. Owner of TRT Holdings Inc., which includes the upscale Omni Hotels chain and Gold's Gym, he is estimated by Forbes to be worth almost $5 billion. Under Rowling's order, Dallas-based Omni hotels became one of the largest hotel chains to not offer adult movies in its rooms.

Robert Rowling's donations also helped build the men's and women's basketball practice facility, and the football team's indoor practice field, according to the athletic department website.

— Michael Clement, accounting professor in Texas' McCombs School of Business, which is named after billionaire Red McCombs, one of the schools' largest athletics donors. The north end of the football stadium is named the Red McCombs "Red Zone."

— Charles Matthews, former vice president of Exxon Mobil and current president of the Texas Exes alumni group.

— Charles Tate, an investment banker and former business partner of prominent former regent Tom Hicks, the brother of regent Steve Hicks. Tom Hicks was influential in hiring football coach Mack Brown, but also spoke with Alabama coach Nick Saban's agent in January to gauge Saban's interest in coming to Texas.

Matthews, Tate, Wlleford and Rowling all are members of the Coalition for Excellence in Higher Education.

 

< back

Email   email
hide
Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?