Tom Schieffer

was sworn in as U.S. Ambassador to Australia on September 29, 2001. He was nominated by President Bush on July 18, 2001 and confirmed by the U.S. Senate on July 27, 2001.

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In 1989, he was an investor in the partnership led by George W. Bush and Edward W. (Rusty) Rose that bought the Texas Rangers Baseball Club. He was designated as Partner-In-Charge of Ballpark Development in 1990. In January 1991, he was named President of the club reporting directly to general partners Bush and Rose. He was responsible for the day-to-day operations of the club as well as the building of the Ballpark in Arlington. When Bush was elected Governor of Texas in 1994, Ambassador Schieffer assumed Bush's duties as general partner. The partnership sold the team in June 1998 to Dallas financier Thomas O. Hicks. He stayed on as President until April 1999, when he resigned to become consultant on the development of the real estate around The Ballpark. After visiting projects around the United States and Europe, Ambassador Schieffer completed his consulting work for Hicks in May 2000. He is the President of J. Thomas Schieffer Management Company and Pablo Operating Company.

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In business Ambassador Schieffer serves on the advisory board of the JP Morgan Chase Bank in Fort Worth, and Drew Industries of White Plains, New York, a publicly traded company listed on the New York Stock Exchange.