Permanent School Fund Hires New CEO

photo: Robert "Bob" Borden
Robert “Bob” Borden

The Texas Permanent School Fund Corp. (Texas PSF) has announced the appointment of Robert “Bob” Borden as its chief executive officer (CEO), contingent upon final agreement of the terms of his employment.

Borden will direct investment and operations activities at the $52 billion dollar endowment fund.

Borden will officially start work on Dec. 1, assuming the role from Britt Harris, who has served as Texas PSF’s acting CEO since July 2023 (following the departure of Holland Timmons).

Borden most recently served as the CEO and chief investment officer at Delegate Advisors, a consulting firm for institutions and families. He sold his interest in the firm last year.

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