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Paul Foster

Paul Foster

TXSE Group director; founder and chief executive officer of Franklin Mountain Investments.

Director
Updated Nov 9, 2026·Latest SEC filing Nov 6, 2026·Suggest an edit

About Paul Foster

He is a director of TXSE Group and the founder and chief executive officer of Franklin Mountain Investments. The investment company has interests in real estate, energy, private equity, construction, aviation, sports, medical devices and hospitality. He founded and led Western Refining, a Fortune 200 oil refiner and marketer sold to Andeavor in 2016. Andeavor later became part of Marathon Petroleum. He also co-founded Mountain Star Sports Group, owner of the El Paso Chihuahuas, FC Juarez Bravos and El Paso Locomotive.

He is a Baylor College of Medicine trustee, WestStar Bank director and Texas Parks and Wildlife Commission member. He also directs Franklin Mountain Capital, Franklin Mountain Energy, Jordan Foster Construction and Vomaris Innovations. He serves on the Borderplex Regional Economic Alliance executive committee. He was named ERCOT chairman in October 2021 and also chaired UTIMCO. He chaired the University of Texas System regents for four years after eight years as vice chairman. His other service includes the Dallas Fed's El Paso branch, University Lands Advisory Board, Texas Higher Education Coordinating Board and Texas Business Leadership Council. He was founding chairman of El Paso Regional Economic Development Corporation. He earned an accounting degree from Baylor University.

Experience

This experience comes from official bios and from SEC filings. For roles taken from filings, the years are when the filings name Paul Foster in the role, so the role may have started earlier or lasted longer.

TXSE Group Inc. Current
Director
2024 – Present · Dallas, TX
TXSE Group serves issuers, investors and market participants through a national exchange and an independent analytics platform.
Franklin Mountain Investments LLC Current
Founder and Chief Executive Officer
Mountain Star Sports Group Current
Co-founder
Baylor College of Medicine Current
Member of the Board of Trustees
WestStar Bank Current
Member of the Board of Directors
Texas Parks and Wildlife Commission Current
Member
Franklin Mountain Capital, LLC Current
Director
Franklin Mountain Energy, LLC Current
Director
Jordan Foster Construction Current
Director
Vomaris Innovations, Inc. Current
Director
Chairman
Borderplex Regional Economic Alliance Current
Member of the Executive Committee
Western Refining
Former Chairman and CEO
President
University of Texas System
Chairman of the Board of Regents
Vice Chairman of the Board of Regents
University of Texas Investment Management Company (UTIMCO)
Chairman
Electric Reliability Council of Texas (ERCOT)
Chairman
Dallas Federal Reserve Bank, El Paso branch
Director
University of Texas System’s University Lands Advisory Board
Member
Texas Higher Education Coordinating Board
Member
Texas Business Leadership Council
Member
El Paso Regional Economic Development Corporation (REDCo)
Founding Chairman

Key Colleagues at Startups

The people Paul Foster works with at each company, as listed on that company's latest Form D.

TXSE Group Inc. · Form D, Nov 6, 2026
James Lee
James Lee
Chairman and CEO
TL
Thomas Long
Director
Tyson Tuttle
Tyson Tuttle
Director
JP
James Perry
Director
RR
Jeffrey Brown
Jeffrey Brown
Chief Legal Officer and General Counsel
Rick Yoder
Rick Yoder
Chief Technology Officer
Cameron Smith
Cameron Smith
Global Head of Trading and Co-President
Rob Marrocco
Rob Marrocco
Global Head, Exchange Traded Products
Mathew Verghese
Mathew Verghese
Executive Vice President
GF
Greg Ferrari
Chief Operating Officer
JG
Jaime Gow
Chief Financial Officer

Sources

  1. SECTXSE Group Inc. Form D, filed Nov 6, 2026
  2. P1Governance | Texas Stock Exchange
  3. P4Vomaris Innovations, Inc. Names New CEO
  4. P5Western Refining agreement passage