Texas Mutual Adds New Members to Board of Directors

June 25, 2009

Two new members have been elected to Texas Mutual Insurance Company’s Board of Directors – Bernie Francis of Carrollton, Texas, and Eric Oliver of Abilene.

Francis is owner and CEO of Addison-based Business Control Systems LP and Dallas-based First Class Caregivers Inc., and a member of the board of Dallas-based Senior Quality Lifestyles Corp. He served three terms on the Carrollton City Council in the 1990s.

Francis is former chairman of the Texas State University System Board of Regents, a board member of the North Central Texas Workforce Board and former chairman of the Texas State Technical College Board of Regents.

Oliver is founder and president of Softvest LP in Abilene; president of Midland Map Co. LLC in Midland; founder and principal of TenTex Music LLC in Nashville; founder and principal of Geologic Research Centers LLC, with libraries in Abilene and Midland; and founder and owner of Caprock Title Co. in Midland. He was appointed a director of Midland-based AMEN Properties Inc. in 2001 and was named chairman in 2002.

Oliver serves on the boards of Autogas Systems Inc. and ACIMCO, Abilene Christian University’s endowment manager, and is a former member of the Abilene Community Foundation’s investment committee.

Francis and Oliver will serve terms that are set to expire on July 1, 2015.

Four members of Texas Mutual’s Board of Directors are elected by the company’s policyholders. The governor of Texas appoints the five other members, including the chairman.

Source: Texas Mutual Insurance Company, www.texasmutual.com

Topics Texas

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