CHAIRMAN & MANAGING PARTNER
Ray Davis is Chairman and Chief Executive Officer of Avatar Investments, L.P. (“Avatar”), a family-owned diversified investment company. Prior to Avatar, Mr. Davis spent over 30 years working and holding various leadership roles in the energy industry. In 1994, he cofounded Energy Transfer Partners (ETP), which was then taken public in 2004. He was Co-Chief Executive Officer and Co-Chairman of the Board of Directors until his retirement in 2007. He also served as Co-Chairman of the Board of Directors of Energy Transfer Equity (ETE) from the time of its initial offering until retirement.
Mr. Davis is currently Majority Owner, Chairman, and Managing Partner of the Texas Rangers. Since he became a Principal owner in August 2010, the Rangers have won four A.L. West Division titles and two A.L. pennants and advanced to Postseason play five times.
Mr. Davis has presided over a period of unprecedented growth in the franchise from a business and community perspective. Globe Life Field, a $1.2 billion facility with a retractable roof, opened in March 2020 and was the site of three rounds of Major League Baseball’s Postseason, including the 116th World Series. The Wrangler National Finals Rodeo was competed over 10 nights at Globe Life Field in December. The Rangers’ former home, Globe Life Park, was reconfigured as an outdoor multipurpose sports and entertainment venue and hosted 50 area high school football games last fall and winter.
Globe Life Field and the reconfigured Globe Life Park complement and enhance two other major development projects completed in the last two years, Texas Live! and Live! by Loews-Arlington, TX. A planned $810 million expansion for the Arlington Entertainment District will add a best-in-class hotel brand, new convention center, corporate office headquarters, mixed-use residential building, small business co-working and incubator space, and even more dining, retail, and entertainment options for residents and visitors alike in The American Dream City.
Mr. Davis has also played a significant role in the National Medal of Honor Museum’s planned move to Arlington.
Under Mr. Davis’ watch, the Rangers are aggressively promoting the game of baseball through the construction of Texas Rangers Youth Academy in West Dallas, and the Texas Rangers Baseball Foundation has completed a multi-million dollar endowment that will provide community programs and assistance for years to come. The Rangers have also made a major commitment in facilities for its player development program, completing construction on both a state-of-the-art baseball academy in Boca Chica, Dominican Republic, and a baseball housing and meeting facility adjacent to the organization’s Surprise, Arizona, complex in the last 24 months.
Mr. Davis has been active in Major League Baseball during his tenure with the Rangers, serving on the MLB Executive, Labor, and Competition Owners Committees.
Mr. Davis has offices in Dallas and at Globe Life Field. He resides in North Texas with his wife, Linda, and has three adult children, who live in the Dallas/Fort Worth area. His interests include ranching, bird hunting and reading.