Arun Agarwal becomes the new chairman of the board of directors of the Texas Economic Development Corporation. (Photo: iStock, DI Studio)
Dallas entrepreneur and textile executive Arun Agarwal has been appointed chairman of the Texas Economic Development Corporation’s board of directors by Governor Greg Abbott, the governor’s office announced today.
Agarwal is CEO of Dallas-based Next, one of the largest household textile companies in the United States. With interests in textiles, cotton trading, real estate and sports management, Agarwal brings extensive business experience to steer the company. With this appointment, he will join the private sector in a public-private partnership to promote Texas as the best state for business nationally and globally.
In addition to his role at Nextt, Agarwal also serves as Chairman of the National Cricket League and Co-Chair of the Indian American CEO Council. He also serves as Chairman of the Dallas Parks and Recreation Commission, where he is committed to community development.
Agarwal is involved in a wide range of business and community organizations, including board positions on the U.S. India Friendship Association, the University of Texas at Dallas Board of Trustees, the Texas Tech Innovation Hub at Research Park and the MD Anderson Board of Visitors. He is also known for his philanthropic efforts, supporting various nonprofit organizations, including CHETNA and the Living Dreams Foundation.
The governor’s office noted Agarwal’s educational background includes a master’s in business administration from the Institute of Management and Technology in Ghaziabad, India, a master’s in computer information systems from Southern New Hampshire University and an advanced certificate in international business from Harvard University.
Governor Abbott also appointed S. David Deanda Jr. of Mission as vice chairman of the board. Mr. Deanda is president of Lone Star National Bank and also serves on the bank’s board of directors.
According to the Governor’s Office, the Texas Economic Development Corporation, through its partnership with the Governor’s Office of Economic Development and Tourism, plays a key role in promoting Texas’ business-friendly environment and attracting new investment to the state.
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