Texas Land Commissioner and Texas Permanent School
Fund (PSF) Corporation Board Member Dawn Buckingham, M.D. has announced that
Bob Borden will become the Chief Executive Officer of the Texas Permanent
School Fund Corporation.
Bob Borden will succeed Britt Harris, a recipient
of the CIO Markets Group Hall of Fame Award, who previously served as the Texas
Permanent School Fund Corporation CEO since July 2023.
“First of all, I would like to thank the members of
the PSF Corporation board for their commitment to public education in the state
of Texas. I have long said that educating our children is the most important
thing we do. I would also like to take this opportunity to thank the interim
CEO, Britt Harris, for his service to the Children’s Fund and for steering the
PSF in a direction that benefits Texas schoolchildren. It is my hope that Mr.
Borden will continue to implement a strong vision that ensures the PSF provides
adequate funding for the education of our children. As a board member, I will
remain steadfast in advocating that the billions of dollars generated every
year are responsibly stewarded.”
The Texas Permanent School Fund, with a value
exceeding $55 billion, plays a crucial role in bolstering public education in
the Lone Star State and stands as the largest fund of its kind in the nation.
Annually, the fund allocates nearly $2.2 billion to support K-12 schools across
Texas.