A Bush School student meeting with Cindy Taylor marked the start of the event. Mrs. Taylor met with approximately 30 students before her presentation for an interactive and candid discussion session. Students had a unique opportunity to engage with the speaker and request her insights on a variety of topics ranging from professional development to the future outlook of the energy industry.
The student meeting was followed by a reception in the rotunda of the George Bush Presidential Library and Museum. The McLane award program began with Dr. Arnold Vedlitz, executive associate dean of the Bush School, welcoming the audience and distinguished guests, including Drayton McLane Jr., the award namesake; Texas A&M University System Board of Regents Chairman, Phil Adams; Texas A&M University System Board of Regents Member, John White; and Texas A&M University Vice President for Finance and Administration, Jerry Strawser. Dr. Lori Taylor, director of the Mosbacher Institute, gave opening remarks and invited Mr. McLane on stage to confer the award to Mrs. Taylor.
After the award presentation, Mrs. Taylor spoke about the future outlook of the energy industry and the role of technology in dealing with future energy related challenges. She shared important insights on the economics of energy independence and talked about the capacity limitations of energy transportation systems. The event concluded with Dr. Lori Taylor joining Mrs. Cindy Taylor on stage for a question-answer session. Dr. Taylor posed a variety of questions touching upon topics like leadership, professional development, and student prospects in the industry. In responding to the questions, Mrs. Taylor related to her life experiences and expressed her belief in distributive leadership and learning by doing.
Students and faculty alike were very pleased to have in their midst the presence of such a strong industry leader. The Mosbacher Institute is very grateful to Mrs. Cindy Taylor and Mr. Drayton McLane, Jr., for making this event possible. A video of the event will be uploaded on the Mosbacher Institute’s website shortly.
Cindy Taylor graduated from the business school at Texas A&M University in December of 1983 and moved to Houston to start a career in public accounting and quickly gained exposure to the energy industry. She is now the president, chief executive officer and a director of Oil States International, Inc., a diversified oilfield services company that trades on the NYSE. Prior to joining Oil States, Ms. Taylor served as the chief financial officer of L.E. Simmons & Associates, Incorporated (SCF Partners), a private equity firm specializing in oilfield service investments. It was during her tenure at SCF Partners that she helped lead the effort to merge four private companies and take them public via an initial public offering in 2001 which then became Oil States International. She previously served as the vice president-controller of Cliffs Drilling, a contract drilling company, from 1992 to 1999 and worked for Ernst & Young in public accounting from 1984 to 1992. Throughout her public accounting career, she served companies in the energy industry.
During her tenure, Oil States has grown from a $450 million equity market capitalization to in excess of $5 billion. The stock price increased from $9 per share to in excess of $107 per share before the spin-off of its accommodations business into a separately listed public company. In 2005, Oil States was ranked #9 in Forbes magazine’s Top 100 Best Mid-Cap Stocks. Also during 2005, Oil States ranked #12 in the best-performing IPOs over the period 2001 to 2005. In 2006 and again in 2013, Oil States was also named in the top 100 fastest growing companies by Fortune magazine.
Cindy is one of only forty-six female CEOs in the Fortune 1000. She was ranked the #2 Energy Services CEO in 2013 by Institutional Investors. She was also named as a National Finalist in Energy, Cleantech and Natural Resources in the E&Y Entrepreneur of the Year program in 2012. She is currently a director of AT&T, a multinational telecommunications corporation and Tidewater Inc., a global provider of vessels servicing the oil and gas industry. She also serves on the boards of The Greater Houston Partnership, Texas Children’s Hospital, Texas A&M’s 12th Man Foundation and as Vice Chairman of National Ocean Industries Association. She received a BBA degree in accounting from Texas A&M University and is a certified public accountant. She is active in many industry and community organizations and is married to Allan, her husband of twenty-eight years.
She and Allan have three boys, all of whom are Aggies. She loves sports and the outdoors and particularly enjoys tennis, golf, cycling and skiing. Cindy is active at Texas A&M University and serves on the Dean’s Development Council at Mays, as a Trustee of the 12th Man Foundation and is involved with the Association of Former Students. Cindy was previously honored as a Legacy Award recipient by the Texas A&M Women’s Former Students Network, as the 2012 Aggie 100 Summit Award recipient, and as an outstanding alumni in the College of Business in 2011.