May 12, 2020

M Crowd Restaurant Group co-founder and co-owner Ray W. Washburne ’84 has been tapped by President Donald Trump to serve on a task force developing a recovery plan for the nation’s food and beverage industry.

The prominent restaurant and real estate investor will join a host of the nation’s business leaders apppointed to the president’s Great American Economic Revival Industry Groups.

Washburne received a bachelor’s degree in history from SMU and serves as CEO and president of Charter Holdings, a Dallas-based investment company involved in real estate, restaurants and diversified financial investments. His M Crowd Restaurant Group includes the Mi Cocina and Katy Trail Ice House chains. He is also president and managing director of Highland Park Village.

He was named to the President’s Intelligence Advisory Board in 2019. From August 2017 to February 2019, he served as the president and chief executive officer of the Overseas Private Investment Corporation (OPIC), the United States government’s development finance institution. From 2000 to 2017, he served on the board of directors of Veritex Holdings, Inc. He also has served as an adjunct professor at SMU’s Cox School of Business. He is a member of the American Enterprise Institute, the Council on Foreign Relations and the advisory board for the United States Southern Command.

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