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Bryan Sheffield pledges $15 million for SMU expansion
Bryan Sheffield Hall will be designed to teach collaboration, data-driven problem solving and customer engagementInnovation has sent the energy industry to historic growth levels over the last two decades, and one beneficiary of that good fortune is acting to pay it forward.
Bryan Sheffield, former chief executive officer, chairman and executive chairman of Parsley Energy, and his wife Sharoll have pledged $15 million to Southern Methodist University’s Edwin L. Cox School of Business to establish Bryan Sheffield Hall.
In announcing the gift, Sheffield, now founder and managing partner of Formentera Partners, an energy-focused investment firm based in Austin, first reflected on his time in Midland.
“In my time there, I was able to see firsthand the value of the people, the culture and my own family roots in Midland,” he said in remarks provided to the Reporter-Telegram. “Your word is your bond. Midland helped me build Parsley Energy and lay the foundation for today. I’m very fortunate for that town.”
Read more: https://www.mrt.com/business/oil/article/Bryan-Sheffield-pledges-15-million-for-SMU-16109393.php
(Midland Reporter-Telegram)