Changing the World – March/April 2018

Page 1

CHANGING THE WORLD What your investment in UT makes possible But life is full of twists and turns, and that’s exactly what happened when Hildebrand, his wife Mindy, and their family announced a $25 million gift to the Cockrell School of Engineering this fall. Hildebrand is the founder, chairman, and CEO of Houston-based Hilcorp Energy Company, one of the nation’s largest and most successful privately held oil and natural gas exploration and production companies, employing a workforce of over 1,900 across the nation.

A PROUD TRADITION AND A NEW ERA Hildebrand Foundation Gift Opens New Chapter for UT PGE

Above: The Hildebrand family and President Gregory L. Fenves celebrate the renaming of the Hildebrand Department of Petroleum and Geosystems Engineering. CREDIT: Marsha Miller

54 |The

A

r r i v ing a s a n undergr a duate at the uni v er sity of tex a s at

Austin in 1979, Jeff Hildebrand described himself as “fun-loving and unfocused—a bit of a wildcatter.” In his wildest dreams, he never imagined that he would one day be making a $25 million

gift to his alma mater and that one of the nation’s top petroleum engineering departments would bear his family’s name.

“It is our hope that this gift will inspire the next generation of engineers, explorers, and innovators to pursue an education and career in the petroleum industry.” — jeff hildebrand

Fast Facts

THE HILDEBRAND DEPARTMENT OF PETROLEUM AND GEOSYSTEMS ENGINEERING • Petroleum and geosystems engineers help discover new ways to provide safe, abundant and reliable energy for our society.

• O ver the past five years, the Hildebrand Department has conducted on average $18 million per year in research.

• For over 85 years, the Hildebrand Department has been internationally recognized for its excellence in education and research.

BS ’81, MS ’85

Like most Longhorn a lumni, Hildebra nd counts his days at UT among the best in his l i fe. He cred it s ea rly ex posure to the g reat minds of UT’s world-class petroleum engineers and geologists with inspiring him to seek a career in the energ y sector and pursue a master’s degree in petroleum engineering. “Their mentoring, counsel and teaching is what made it possible Jeff Hildebrand for me to be standing here today attaching our family name to this exceptional department,” Hildebrand said when announcing his family’s transformative gift before an excited audience of family, friends, and faculty. Among those attending the celebration was Sharon L. Wood, dean of the Cockrell School of Engineering, who said, “By giving back so generously to this university, you have shown our students what your degree has meant to you—and, thus, what their degree will mean to them. You have reinforced the value of higher education and further established the Hildebrand Department as a global hub of energy innovation, where thought leaders and aspiring young engineers come together to change the world.” Jon E. Olson, chair of the Hildebrand Department of Petroleum and Geosystems Engineering, also shared how the gift will make an impact. “This gift from the Hildebrand Foundation will give us the resources to be innovative and bold in teaching, to reward those that excel, to aspire to always do better, and to bring in experts from industry and around the world to teach our students, faculty, and staff.” The Cockrell School and the Hildebrand Department have assembled a strategic planning group to develop a targeted plan of action to maximize the impact of this amazing investment. Stay tuned for more information on how this gift will change the world.

• According to the latest U.S. News & World Report list, the Hildebrand Department’s graduate program ranks first in the nation and the undergraduate program ranks second.

• One in 10 Hildebrand Department alumni serves in an executive-level position in industry. • H ildebrand Department faculty produce 300 journal and conference papers annually—more than any other petroleum engineering department in the nation. • O ver the past five years, the Hildebrand Department has added 900 graduates to the workforce.

Family First “Like a strong family, UT graduates don’t forget where they came from. And they give back to the next generation of Longhorns. The Hildebrand family’s gift exemplifies that spirit. And we are grateful.” – President Gregory L. Fenves

T

he Hildebrand family’s ties to the Longhorn Nation are deep, varied, and multi-generational. Je f f r e c e i v e d h i s m a s t e r ’s d e g r e e i n petroleum engineering and bachelor’s degree in geology from UT Austin, and currently serves as vice chairman of The University of Texas System Board of Regents and on the Cockrell School of Engineering Advisory Board. He was named a Distinguished Engineering Graduate of the Cockrell School in 2005 and a Distinguished Alumnus of the Department of Petroleum and Geosystems Engineering in 2013. Mindy Hildebrand received her bachelor’s degree in management from the McCombs School of Business and serves on the McCombs School Advisory Board and the University Development Board. She is the vice chair of the Hildebrand Foundation and is active with many nonprofits in the Houston area. Mindy has been a director of The National Center on Addiction and Substance Abuse at Columbia University since 2011. The Hildebrands’ two sons, JT and Jeffery, proudly attend UT Austin, and their daughter Brittany is an alumna of Texas A&M University. s e p t e m b e r | o c t o b e r 2011

| 55


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.