T.J. ("Skip") Falgout, III
Senior Executive Advisor
Skip Falgout is a seasoned, experienced corporate executive with a unique background as a corporate attorney specializing in mergers and acquisitions as well as federal securities law. Mr. Falgout transitioned this background into the senior executive positions as the Chief Executive Officer and Chairman of the Board of America’s Car-Mart, the largest U.S. publicly traded automotive retailer focused exclusively in the integrated sales and finance segment of the used car industry. Mr. Falgout maintained the core business model and culture, simultaneously bringing in talented managers and upgrading Car-Mart’s technology to manage the growth and scalability of the business.
Mr. Falgout stepped down as Chairman of America’s Car-Mart in the fall of 2011, and has recently served on the board of directors of INX,Inc., a NASDAQ traded technology company which successfully went private in late 2011. He is currently a major shareholder and member of the Board of Directors of Sovereign Bank, a regional bank with branches in Dallas, Ft. Worth, Austin and Houston, Texas, and is Chairman of the Board of Superior Auto Group, an automotive retailer operating over 45 dealerships with headquarters in Ft. Wayne, Indiana. Mr. Falgout is a Senior Executive Advisor with Brookside Equity Partners LLC, a private equity firm located in Stamford, Connecticut. Additionally, Mr. Falgout is an active owner of a recreational boat dealership in Austin and New Braunfels, Texas, and has other business and real estate investments that he oversees.
Mr. Falgout received his B.A. in Economics from Tulane University, where he also obtained his Doctorate in Jurisprudence and was a member of the Board of Editors of the Tulane Law Review.