the early 1990s, Gerald Haddock was engaged in a general private equity
business. The primary operations involved selecting, buying, restructuring, and
operating various entities, particularly real estate, oil & gas, and other
entrepreneurial-related activities. At this time he continued his service to a
Dallas based company as the lead transactional attorney.
1994, Mr. Haddock transferred real estate interests owned, directly or
indirectly, by him to a Dallas based real estate partnership in connection with
a successful public offering of common shares of a related company. He
continued aspects of the same business activities as President and Chief
Operating Officer, and later became Chief Executive Officer of the major Dallas
based real estate company.
In 1999, Gerald Haddock left that real estate company and
shortly thereafter formed Haddock Enterprises, LLC d/b/a Haddock Investments,
which continues the same private equity type of activities in which Mr. Haddock
had been engaged over the previous decade. Those activities include creation of
a series of companies which together structured a proxy contest to take over
Sabine Royalty Trust, which was engaged in the oil and gas business.
Recognizing Gerald Haddock’s vast experience and expertise in
private equity investments, institutions with significant endowments, such as
Baylor College of Medicine and Baylor University, have appointed Mr. Haddock to
their respective Boards and investment committees (Baylor College of Medicine
Executive Investment Committee, Baylor University Executive Investment
Committee, and Baylor University Real Estate Investment Committee). These
institutions rely upon Mr. Haddock’s unique ability to identify attractive
investments and to guide their respective committees in investment decisions
and to chair various special purpose sub committees. Baylor College of
Medicine and companies such as Ensco International, PLC and Meritage Homes
Corporation have likewise recognized the value of having a director with Mr.
Haddock’s particular capabilities and combination of finance, accounting, and
legal expertise serve on their respective Boards and Audit and Nominating &
Governance committees. Mr. Haddock has served for more than twenty five years
on Ensco’s Board and as Chairperson of its Audit Committee. Presently, he
serves on Ensco’s Audit, Nominating & Governance and Executive Compensation
Committees. Gerald Haddock currently serves as Chairperson of Meritage’s Nominating
and Corporate Governance Committee, along with serving on its Audit and
Executive Compensation Committees.