Mr. Ford serves as non-executive Chairman of the Board of Freeport-McMoRan Inc. He is the principal shareholder and Chairman of the Board of Hilltop Holdings Inc., a Texas-based, publicly traded, diversified financial holding company. Mr. Ford is also the General Partner of Ford Financial II, L.P., a private equity firm.
Mr. Ford is the former Chairman of the Board and Chief Executive Officer of Golden State Bancorp, Inc. and its wholly owned subsidiary, California Federal Bank, FSB, a Federal Savings Bank that merged with Citigroup in 2002. He is also the former Chairman of the Board and Chief Executive Officer of First Acceptance Corporation.
He served as Chairman of the Board of Trustees of Southern Methodist University (SMU) from 2002 to 2006, and currently serves as a Trustee and on the Trusteeship Committee of SMU. He is on the Executive Board of SMU School of Law, is a Trustee of Southwestern Medical Foundation and Children’s Medical Foundation and is a member of the Board of Overseers of Weill Medical College and Graduate School of Medical Sciences of Cornell University.
Mr. Ford is a banking and financial institutions entrepreneur who has been involved in numerous mergers and acquisitions of private and public sector financial institutions over the past 40 years. In that capacity, he acquired and consolidated 30 commercial banks from 1975 to 1993, forming First United Bank Group, Inc., a multi-bank holding company for which he served as Chairman of the Board and Chief Executive Officer until its sale in 1994. During this period, he also led investment consortiums that acquired numerous financial institutions, forming in succession, First Gibraltar Bank, FSB, First Madison Bank, FSB and First Nationwide Bank.
Mr. Ford received his B.A. degree in Economics from SMU in 1966 and his J.D. degree from SMU School of Law in 1969. In 1995, he was named a Distinguished Alumnus of SMU and in 2002, he was named a Distinguished Alumnus of the SMU School of Law. Mr. Ford was named the 2008 Laureate to the Dallas Business Hall of Fame. Mr. Ford was elected to the Texas Business Hall of Fame in 2014. In 2015 he was the recipient of the Award for Excellence in Philanthropy by the Dallas Historical Society. Mr. Ford has served on the FCX Board since 2000, as Lead Independent Director from June 2013 to December 2015 and as non-executive Chairman of the Board since December 2015.