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Reagan A. Reaud, Rachael L. Roane
The Beaumont Foundation of America announces the retirement of its two Founding Directors, Wayne A. Reaud and Gilbert I. “Buddy” Low. Although stepping down from the Board of Directors, both men will continue to assist the Foundation in an advisory capacity.
President and CEO Edward Keller expressed his gratitude to Chairman Reaud and Director Low for their dedicated service for over two decades. Keller stated, “Chairman Wayne A. Reaud was instrumental in the founding and incorporation of the Beaumont Foundation of America in 2001. The Foundation is a nonprofit Texas corporation and has made over $175 million in grants to date. These grants have provided health care to the poor, supported food banks across Texas, gave clothing to foster kids, funded scholarships, awarded teachers and in our early days, helped bridge the digital divide. I want to personally thank Chairman Reaud and Director Low for their guidance, support, leadership and vision over the past two decades.”
The Foundation is pleased to announce Reagan A. Reaud and Rachael L. Roane have agreed to serve on its Board of Directors. Peter R. Huntsman will continue to serve as a Director.
Reagan Reaud was born and raised in Beaumont, Texas. He is the founder and CEO of Privateer Capital Management, L.P. Privateer is a family-owned, multi strategy investment company headquartered in Austin, Texas. He is also the founder and Chairman of the Lucena Group, which provides security and intelligence solutions to individuals and large corporations around the world.
Reagan attended college at Washington and Lee University, where he studied European History, graduating Magna Cum Laude. After college, Reagan enrolled in the University of Texas School of Law, from which he received a Juris Doctorate with honors. He served as a law clerk to Justice Harriet O’Neill of the Texas Supreme Court. He then worked as a prosecutor for the Travis County Attorney’s Office.
Reagan left his position as a prosecutor to attend the Wharton School of the University of Pennsylvania, where he earned an MBA with a double major in Finance and Strategic Management.
Reagan serves as a director of Stellar Bancorp, Inc. (STEL), a publicly traded, commercial bank. He also sits on the boards of The Reaud Foundation, and the University of Texas Law School Foundation. He is a trustee of the Austin Symphony, a member of the Business Executives for National Security, and a Life Fellow of the American Bar Foundation. He now serves as Chairman of the Board of the Beaumont Foundation of America.
Rachael Roane is a lifelong resident of Beaumont. She received a Finance degree from the University of Texas and an Accounting degree from Lamar University.
Ms. Roane is active in this community including memberships in the Junior League of Beaumont, Symphony League of Beaumont as well as the Neches River Festival and Magnolia Garden Club.
Ms. Roane has served on the Boards of the Humane Society of Beaumont and All Saints Episcopal School. She was previously Board Chair of Family Services of Southeast Texas and Kelly High School. She is currently on the Beaumont Botanical Garden Board and is a member of the University of Texas School of Human Ecology Advisory Board.
She is married to Stephen Roane and they have five children.