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For immediate release: February 9, 2006

Foshee Appointed to Dallas Fed’s Houston Branch Board

DALLAS—The Federal Reserve Board of Governors has appointed Douglas L. Foshee to the board of directors of the Federal Reserve Bank of Dallas’ Houston Branch for a term ending Dec. 31, 2007.

Foshee is president, chief executive officer and director of El Paso Corporation. He serves on the boards of Children’s Museum of Houston, Goodwill Industries, Central Houston, Greater Houston Partnership and Interstate Natural Gas Association of America.

He also is a member of the Rice University Board of Trustees, Independent Petroleum Association of America and Houston Producers’ Forum.

Foshee holds a bachelor of business administration degree from Southwest Texas State University and a master of business administration degree from the Jesse H. Jones School at Rice University. He also is a graduate of the Graduate School of Banking at Southern Methodist University.

The Houston Branch board of directors consists of seven members, four appointed by the Dallas Fed board and three by the Federal Reserve Board of Governors in Washington, D.C.

For more information on the Dallas Fed, visit


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James Hoard
Phone: (214) 922-5307