Fayez S. Sarofim has been a director of the Company since March 1990. He has been Chairman of the Board and President of Fayez Sarofim & Co., a registered investment advisor, for more than five years. He is also a director of Argo Group International Holdings, Ltd. (resulting from the merger of Argonaut Group, Inc. and PXRE Group Ltd.), an international underwriter of specialty insurance and reinsurance products in the property and casualty market, and Knight Inc. (formerly known as Kinder Morgan, Inc.), an energy services provider.
Sarofim, who is nearing his 90th birthday, is ranked the 421st richest person in the United States, according to Forbes' billionaires list.
His current worth is listed as $1.49 billion.
Publicity-shy and nicknamed "the Sphinx" for his reserved and formal persona, the Egyptian-born, Harvard-educated businessman is chairman and co-chief investment officer of Fayez Sarofim & Co, a money management firm. He was an early investor in the Kinder Morgan energy pipeline and is a limited partner in the Texans football team ownership group.more » « less