Mr. Farell is an independent financial planner. He retired from the TXU Corporation after 34 years of service in a variety of management and executive assignments. A graduate of Texas A&M University-Commerce, he holds a BBA in accounting and finance. He also completed the advanced management program at the Harvard School of Business and is a certified financial planner and a certified public accountant. Mr. Farell and his wife, Linda, has been very active in civic and charitable organizations in the Dallas area. He serves or has served on several boards and is a member of First Baptist Church in Dallas. He and his wife have five children and six grand children. Mr. Farell currently serves as the chair of the Audit and Finance Committee. He and Linda have established an endowed scholarship to assist students enrolled in Honors College.