Board of Directors
Midland is home to large corporations, innovative entrepreneurs, thriving family businesses, and cultural activities. Many of our area leaders have generously donated their time to growing Midland’s economy by serving on the MDC board. Their leadership, guidance and insight has been valuable to our organization and the many businesses we have helped to grow in Midland.
The Midland Development Corporation is governed by a five-member board. Board members are appointed by the Midland City Council and commit to serving three-year terms. The current Midland Development Corporation Board of Directors are:
Brent D. Hilliard is the founder and President of The Hilliard Companies, LLC. He grew up in the Permian Basin and has lived in Midland the majority of his adult life. Brent is married and has three grown sons. He is presently a Deacon and...
1st Vice Chair
Wesley Bownds is a native of Andrews, Texas. After graduation from Andrews High School, he attended Texas A&M University and earned a Bachelor's of Business Administration Degree. Wesley moved to Midland in 1980 and began his 34-year banking career with the First National Bank of...
2nd Vice Chair
Stephen Lowery is a managing principal of Red Beard Capital LLC (RBC), who engages in sourcing and managing various investments for their clients. Prior to co-founding RBC, he was employed by Henry Investment Group (HIG) within business development. Before joining HIG, Stephen was the CFO...
Berry Simpson is a registered Professional Petroleum Engineer, licensed since 1986. He has worked with a variety of oil and gas producers in Midland since 1982, including Apache, Williamson, EGL Resources, BP, Great Western, Beach Exploration, Chevron, Mobil, and Amerada Hess Corporation. He earned a...