Thomas B. Pickens, III

Chief Executive Officer and Chairman of the Board

 

Thomas Pickens III was named CEO of Astrotech in January 2007 and Chairman in February 2008. Mr. Pickens brings historical understanding of Astrotech and provides the Board with in-depth knowledge of Astrotech's and its various industries' challenges and opportunities. Mr. Pickens was intimately involved with the transformation of the company from the legacy SPACEHAB business to the current core businesses of 1st Detect and Astral Images. Currently, Mr. Pickens communicates management’s perspectives on company strategy, operations and financial results to the Board of Directors.

 

Mr. Pickens has extensive senior management experience, as well as experience as a member of multiple corporate boards. From 1982 to 1995, Mr. Pickens founded and served as President of several companies including Beta Computer Systems (1983-1984), T.B. Pickens & Co. (1985-1995) and Grace Pickens Acquisition Partners L.P. (1986-1988). From 1988 to 2003, Mr. Pickens served as CEO of various companies including Catalyst Energy Corporation, United Thermal Corporation (NYSE), U.S. Utilities, The Code Corporation, Great Southern Water Corp., South Carolina Water & Sewer, Inc., and served as founder and Managing Partner of Pickens Capital Income Fund L.P. During this time he also served as President of several companies including Golden Bear Corporation, United Hydro, Inc., Slate Creek Corporation and Eury Dam Corporation. From 2004 to 2006 he served as Co-Chairman of the Equity Committee during the bankruptcy of Mirant Corp. (NASDAQ: MIRKQ). 

Additionally, Mr. Pickens has served as a member on various boards including Trenwick America Reinsurance Corporation, SPACEHAB Inc., Advocate MD, Optifab, Inc., and was the New York chapter Chairman of United Shareholders Association, a shareholder rights organization. Mr. Pickens served as Chairman of the board of Astrotech Space Operations, Inc. until it was sold to Lockheed Martin in September 2014; as well as of Xplore Technologies (NASDAQ: XPLR) until it was sold to Zebra Technologies (NASDAQ: ZBRA) in July 2018.