Houston Technology Center Announces Honoree for "A Celebration of
Entrepreneurs" gala: Mr. Raymond Plank - Author and Philanthropist
HOUSTON, Oct. 10, 2013
HOUSTON, Oct. 10, 2013 /PRNewswire/ -- The Houston Technology Center (HTC),
announced today it will honor Mr. Raymond Plank, Founding CEO of Apache Corp,
at next year's "A Celebration of Entrepreneurs" gala. This annual black-tie
(optional) event honors local entrepreneurs who have made a significant impact
in the Houston community. The gala will be held on May 15, 2014 at the Hyatt
Founder and Chairman Raymond Plank, 90, retired January 15, 2009, after five
decades of building Apache Corporation into one of the nation's largest and
highly respected oil and gas independents. Plank graduated from Yale
University in 1944 with a bachelor of arts degree. He served with the U.S.
Army Air Corps as a bomber pilot in the South Pacific Theater of Operations
during World War II.
Following his military service, Plank returned to his hometown of Minneapolis
and with two partners formed an accounting, tax and small business advisory
service. Through this enterprise, he became familiar with the types of
investments then being offered in oil and gas exploration and production.
Recognizing that investors' interests in this field could be better served
through a different concept, Plank formed Apache Corporation. Apache offered
its first oil and gas investment program in 1956.
Under Plank's leadership, Apache has evolved from a company that raised
investor funds for drilling into an international oil and gas exploration and
production corporation that funds its drilling with internally generated cash
flow. Apache has become one of the nation's largest independent oil and gas
exploration and production companies. Today, the company operates in six
At an early age, Plank was advised by his father to leave the world better
than he found it, and he has embodied that advice as a leader in civic,
educational, business and conservation-related activities.
"Sixty years ago, Raymond Plank founded in Minnesota one of Houston's iconic
companies. Innovative in assessing market opportunities and innovative in
developing financial vehicles, he built an extraordinary independent oil & gas
company through good times and bad. A World War II Bomber Pilot, Raymond's
journey and Apache's growth prove that fact is more fascinating than fiction.
An entrepreneur, a philanthropist, an author and an outstanding member of the
Greatest Generation, it is our privilege to bring Raymond Plank back to
Houston and to recognize his remarkable life as the honoree at the Celebration
of Entrepreneurs Gala this coming May," Commented Walter Ulrich, President and
CEO of the Houston Technology Center.
WHEN: Thursday, May 15, 2014
WHERE: Hyatt Regency Houston
1200 Louisiana Street
Houston, Texas 77002
About Houston Technology Center: Named by Forbes' as one of "12 Business
Incubators Changing the World" and "Ten Technology Incubators Changing the
World," the Houston Technology Center, a 501(c)(3) nonprofit organization, is
a business accelerator and the largest technology business incubator in Texas,
advancing the commercialization of emerging technology companies in the
greater Houston area. HTC serves as the nexus of new ideas, technological
innovation, and entrepreneurship which works closely with entrepreneurs and
startup companies to provide in-depth strategic and tactical business
guidance, fundraising advice, and connections to opportunities, allies, and
capital. HTC's focus is to assist Houston-based entrepreneurs in energy,
information technology, life sciences, nanotechnology, and NASA/aerospace. For
more information visit www.HoustonTech.org or connect with HTC on Facebook or
Director, Marketing & Communications
Houston Technology Center
SOURCE Houston Technology Center
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