The Maguire Energy Institute at SMU Cox School of Business presented Tim Leach, chairman and chief Executive officer of Concho Resources Inc., with the L. Frank Pitts Energy Leadership Award at a luncheon on April 9 on the SMU campus. At the same event, two iconic oil industry entrepreneurs and longtime supporters of SMU, Bobby B. Lyle ’67 and Cary M. Maguire, were honored with the Maguire Energy Institute Pioneer Award.
The Maguire Institute’s Energy Leadership Award Committee considers long-term impact to the energy industry as a key factor when it selects oil and gas leaders for both awards. The Pitts Energy Leadership Award is presented annually to an individual who exemplifies a spirit of ethical industry leadership. The committee identifies industry trailblazers as Pioneer Award recipients.
The annual Pitts Energy Leadership Award event raises funds to support the Maguire Energy Institute, named in honor of oilman and co-founder Cary M. Maguire, as well as BBA and MBA scholarships for students with degree concentrations in energy. A portion of the proceeds raised by this year’s event will help support the educational goals of two SMU Cox students. The BBA Scholarship recipient is Southern California native Johnny Blumberg, a senior BBA finance major, concentrating in energy. A past president of the SMU Cox BBA Energy Club, Blumberg participates in the SMU Spindletop Student Managed Energy Investment Fund. Upon graduation, he’ll be going to work for Concho Resources in Midland, Texas. MBA recipient and SMU MBA Energy Club President Will Zach Hodge is a second year MBA concentrating in energy finance. He is also a Kyle D. Miller Energy Scholar recipient at the Cox School. Upon completion of his MBA, Hodge will work for Caiman Energy in Dallas.