About

Alex Cranberg

Alex M. Cranberg, Austin, Texas, was appointed to a six-year term on The University of Texas System Board of Regents by Governor Rick Perry in February 2011.

Regent Cranberg serves as a member of the Audit, Compliance, and Management Review Committee; Facilities Planning and Construction Committee; Finance and Planning Committee; and Technology Transfer and Research Committee.

Mr. Cranberg is Chairman of Aspect Holdings, LLC.  He graduated Summa Cum Laude from The University of Texas at Austin in 1977 with a BS in Petroleum Engineering, and received an MBA from Stanford University in 1981.  After leading General Atlantic Partners’ oil and gas investment activity from 1981-1992, Mr. Cranberg founded Aspect Energy.   Aspect has drilled over 500 exploration wells and made many oil and gas discoveries in Texas and Louisiana, Belize, Hungary and Kurdistan.   Aspect has also founded numerous venture technology-driven oilfield service companies, the leading U.S. potash producer and a wind power development concern.  Mr. Cranberg was named to the Rocky Mountain Oil and Gas Hall of Fame in 2010.

Mr. Cranberg has been active in education philanthropy, governance and policy advocacy. He founded the Alliance for Choice in Education which has provided tens of millions of dollars in scholarship support for children from low income families to attend private schools.  Mr. Cranberg created and funded the Horace Mann Scholarship Challenge whereby he committed to fund the college education of the 600 attendees of the inner city Horace Mann Middle Schools.  He also has served on various boards of the national school choice organization, Alliance for School Choice, and on the Board of Trustees of Metropolitan State College of Denver.

As philanthropist, Mr. Cranberg believes in giving time, money and expertise to help others, and follows the philosophy of embracing diverse and innovative approaches to solving problems and creating opportunities.

Mr. Cranberg’s philanthropic efforts are focused on promoting competition and choice in education, and is also active in efforts to promote prosperity and freedom in the US and abroad.

Posted February 21, 2011 by Marshall

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