Mack Rankin

From BR Bullpen

Byron McLean Rankin, Jr.

Biographical Information[edit]

Mack Rankin was a prominent member in the Texas oil industry who became a part-owner of the Texas Rangers.

Rankin entered the oil business working for an oilfield company in Post, TX. From 1955 to 1967, he worked for Hunt Oil Company before joining geologists Jim Bob Moffett and Ken McWilliams to form McMoRan Oil Company and McMoRan Exploration Company. He served as president of the oil and gas company from 1968 to 1975 and as chairman of the executive committee and co-chairman of the board of the exploration firm from 1975 to 1977.

Rankin purchased a stake in the Texas Rangers in the early 1980s, becoming a minority owner and sitting on the team's six-man board of directors. He sold his share of the team to majority owner Eddie Chiles in October 1982.

He was a well-known University of Texas booster.