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Mr. Mosbacher is Chairman of Mosbacher Energy Company, an independent oil and gas exploration and production company in Houston, Texas. From 1986 to 2005, he was President and CEO of MEC. He was also Vice Chairman of Mosbacher Power Group, an independent electric power developer, which began in 1995, and was sold in 2003.
Mr. Mosbacher was sworn in as the ninth President and Chief Executive Officer of the Overseas Private Investment Corporation (OPIC) in October, 2005, following confirmation by the United States Senate. OPIC is a self-funding, independent agency of the United States Government that supports private capital investment in emerging markets around the world. OPIC currently operates in over 100 countries and has over $14 billion in commitments. He stepped down from his position at OPIC in January of 2009.
In 2009, Mr. Mosbacher joined the Board of Calpine Corporation, the largest independent power company in the United States, with over 28,000 MWs of generating capacity. He also rejoined the Board of Devon Energy Company, a large, independent gas and oil producer. He is Chairman of the Boards of the Initiatives for Global Development, and Global Communities (formerly CHF International), and serves on the Board of the Center for Global Development.
Robert Mosbacher, Jr., is founder, Chairman, and CEO of BizCorps, a Washington-based nonprofit organization that places graduates of top American business schools with SME entrepreneurs in emerging markets. These graduates work with the entrepreneurs to develop business plans and other strategies for growth. BizCorps is currently operating in Colombia.
Mr. Mosbacher was Chairman of the Board of the Greater Houston Partnership in 2004, a private, nonprofit organization that serves as the city’s chamber of commerce.
Mr. Mosbacher has also served as Chairman of the Board of the Methodist Hospital, the Salvation Army, and the Greater Houston Area Chapter of the American Red Cross, all in Houston. He is founder and former co-Chairman of Rebuilding Together Houston (formerly PSI HomeSavers), which organizes volunteers to deliver free exterior home repairs and has resulted in the repair of over 6,000 houses for qualified low-income elderly or disabled Houstonians. He also served on the Board of South Texas College of Law.
Mr. Mosbacher received a law degree in 1977 from Southern Methodist University and a Bachelor of Arts degree from Georgetown University in 1973.