Term: 2008 — 2011
John W. Fainter, Jr. became President and CEO of the Association of Electric Companies of Texas, Inc. on January 1, 1998. Prior to becoming associated with AECT, he had been a partner in the law firm of McGinnis, Lochridge & Kilgore, L.L.P.
Mr. Fainter’s legal career began with service with the State Securities Board as an investigator. He then worked as an Assistant Attorney General representing the State Securities Board, State Board of Insurance, State Banking Department, State Savings and Loan Department, and other agencies until being assigned to the municipal bond desk in 1966. From 1967 to 1969, Mr. Fainter served as Chief of the Municipal Bond and Charitable Trust Division of the Texas Attorney General’s Office. He entered the investment banking business in the bond department of a nationally recognized regional investment firm in June of 1969. Mr. Fainter acted as financial consultant to numerous cities, counties, school districts, and special districts, and assisted these political subdivisions in the completion of in excess of one billion dollars of financing.
Mr. Fainter served as First Assistant Attorney General of Texas for four years beginning in 1979, and Secretary of State for the State of Texas from 1983 to 1984. He served as Chief of Staff for Governor Ann Richards from 1993 through 1994.
Mr. Fainter is a member of the State Bar of Texas and the Travis County Bar Association. He is admitted to practice in all courts in Texas; the Supreme Court of the United States; the United States Court of Appeals for the Fifth, Tenth and Eleventh Circuits; and the Federal District Courts for the Southern, Eastern, and Western Districts of Texas. He has served on numerous bar committees and is a Fellow of the Texas Bar Foundation.
Mr. Fainter holds two degrees from the University of Texas at Austin, receiving a B.A. in 1962 and a LL.B. in 1963. He has long been active in alumni affairs of The University of Texas at Austin and has served as Chairman of the Longhorn Foundation Advisory Council and President of the Ex-Student’s Association. He has served as Chairman of the Board of Visitors of the Law School; a member of the College of Business Administration Foundation Advisory Council; Board of Directors of the Ex-Students’ Association; a member of the College of Education Foundation Advisory Council; The University of Texas at Austin Development Board; a member of the Athletics’ Council for Men’s Intercollegiate Athletics; the President’s Associates and the Chancellor’s Council; and in 1986 was awarded honorary membership in the Order of the Coif by the Law School. In 1992 he received the Law School Award for Distinguished Community Service. Mr. Fainter was selected as a Distinguished Alumnus of The University of Texas at Austin in 2000.
An extensive public service commitment has been made by Mr. Fainter including service to the State of Texas as a member of many boards and commissions. He has served as a member of the Comptroller’s e-Texas Commission. He was Chairman of the Public Safety Commission from 1986 through 1987, and has served as a member of the Asset Management Advisory Committee of the State Treasury. He has also served as a member of the Coordinating Board, Texas College and University System; the Hobby-Clayton Commission; the Hobby-Lewis Joint Select Committee on Fiscal Policy; and chaired the Governor’s Special Committee on Equal Education Opportunity for Higher Education and the Governor’s Select Committee on Water Quality Standards for the Colorado River. Mr. Fainter is a member of the Advisory Board of the Neighborhood Longhorn Program. He is a member of the Board on the Greater Austin Crime Commission.