Bob R. Simpson

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Bob R. Simpson
Born Texas, United States
Education Baylor University
Occupation Business executive, Major League Baseball owner

Bob R. Simpson is the co-founder of XTO Energy, and co-owner of the Texas Rangers major league baseball (MLB) team.

Career[edit]

In 1985 Simpson founded Cross Timbers Oil Company, and served as Chairman of the Board since July 1, 1996.[1] In 2001 the name was changed to XTO Energy.

In 2009 XTO Energy was ranked 325th on the Forbes Global 2000.[1]

In December 2009, ExxonMobil announced proposal to acquire XTO Energy for $41 billion.[2] The merger was completed in June 2010.[3]

Baseball Owner[edit]

In August 2010, Simpson and Ray Davis were co-lead investors in the $593 million winning bid, to take the Texas Rangers baseball team out of bankruptcy.[4]

In October 2010, the Texas Rangers played in the World Series, for the first time in franchise history.[5]

In 2011 Simpson expressed a desire to keep his ownership role low key, with co-chairman Davis, depending on minority owner and team president Nolan Ryan to operate the team.[6]

In October 2011, the team again reached the World Series.[7]

Education[edit]

Simpson received a BS in accounting, and an MBA from Baylor University.[8] He was awarded the Distinguished Alumni Award in 2010. [9]

RayLynn Records[edit]

In 2012, Simpson, along with his wife Janice, started a record label for emerging musicians named RayLynn Records. Hear Me, the debut album from up and coming rock musician Kyle Sherman, was the first recording produced by the company.[10][11][12][13][14][15][16]

References[edit]

  1. ^ a b "Profile - Bob R. Simpson". forbes.com. Retrieved 2011-10-14. 
  2. ^ "Exxon Mobil to buy XTO Energy in $41 billion deal". http://www.marketwatch.com. 2009-12-14. Retrieved 2011-10-14. 
  3. ^ "Exxon-XTO Energy Merger Completed". www.istockanalyst.com. Jun 29, 2010. Retrieved 2011-10-14. 
  4. ^ "Rangers exit bankruptcy after Greenberg-Ryan bid is approved". mlb.com. 6 August 2010. Retrieved Oct 14, 2011. 
  5. ^ "Rangers Beat Yankees, 6-1, to Advance to World Series for First Time". mlb.com. October 22, 2010. Retrieved Oct 14, 2011. 
  6. ^ "Davis, Simpson to continue as low-key counsel - Board co-chairmen's roles will remain behind the scenes". mlb.com. March 11, 2011. Retrieved Oct 14, 2011. 
  7. ^ "Rangers Lose Game 7 To Cardinals: World Series Defeats End Consecutive Texas Seasons". huffingtonpost.com. 2011-10-29. Retrieved Oct 29, 2011. 
  8. ^ "CEO Compensation #10 Bob R Simpson". www.forbes.com. Retrieved Oct 14, 2011. 
  9. ^ "2010 Distinguished Alumni Award Recipients Named". Baylor Alumni Association. Retrieved Oct 14, 2011. 
  10. ^ "Music News, September 2012: RAYLYNN RECORDS UNVEILS POP ARTIST KYLE SHERMAN FOR ALBUM DEBUT HEAR ME ON OCTOBER 9, 2012". Jesusfreakhideout.com. Retrieved 2014-04-08. 
  11. ^ "Hear Me by Kyle Sherman | CD Reviews And Information". NewReleaseTuesday.com. Retrieved 2014-04-08. 
  12. ^ "Hear Me - Kyle Sherman | Songs, Reviews, Credits, Awards". AllMusic. Retrieved 2014-04-08. 
  13. ^ Time. "Hear Me: Kyle Sherman". Christianbook.com. Retrieved 2014-04-08. 
  14. ^ "Kyle Sherman Releases Debut Album "Hear Me" - Yahoo Voices". voices.yahoo.com. Retrieved 2014-04-08. 
  15. ^ "Music News, February 2013: WORSHIP ARTIST KYLE SHERMAN JOINS FRANCESCA BATTISTELLI'S HUNDRED MORE YEARS TOUR FEATURING THE AFTERS AND THE OUTCOME". Jesusfreakhideout.com. 2013-02-21. Retrieved 2014-04-08. 
  16. ^ Lindsay Williams, Crosswalk.com Contributing Writer (2013-03-18). "Hear Me Won't Be Ignored - Christian Music Reviews, Interviews, News". Crosswalk.com. Retrieved 2014-04-08.