The board of directors of AMCOT have named Tom Smith its chairman. Smith, the former president of Calcot, Ltd., replaces the retiring C.L. Boggs.
A Texas native, Smith graduated from Texas A & M University with a degree in agricultural economics. Hired by Calcot in 1957, he later completed advanced studies in management development at Harvard Business School.
Smith served as field representative, sales and operations analyst, corporate secretary, vice president and executive vice president before becoming president of Calcot in 1977.
Texas A & M University's College of Agriculture and Life Sciences honored Smith with an outstanding alumni award recognizing high achievement in his career field. He also was named CEO of the Year in 1999 by the Cooperative Communicators Association.
Smith was inducted into the Cotton Hall of Fame in 1997 and a year later was re-appointed by the U.S. secretary of Agriculture to serve on the Agricultural Technical Advisory Committee on Trade.
Smith served as president and chairman of Cotton Council International and was a board member of the New York Cotton Exchange. He also served as president and then chairman of the board for the National Cotton Council and is a past vice president of AMCOT.
Boggs joined the staff of Plains Cotton Cooperative Association (PCCA) in 1965 and served as assistant general manager and general manager before being named president in 1978. He became chairman of AMCOT in 1993 after retiring as president of PCCA in 1992.
AMCOT is an international cotton sales company co-owned by PCCA of Lubbock, Texas; Calcot, Ltd., of Bakersfield Calif.; Staplcotn of Greenwood, Miss.; and Southwestern Irrigated Cotton Growers Association of El Paso, Texas. Together, the four cooperatives annually supply approximately one-third of the U.S. cotton crop to the world's textile mills.