Independent Board Member - El Paso Electric Company


Mr. Palacios has been a member of EPE’s Board since 2017. He is CEO of Bravo Chevrolet Cadillac in Las Cruces, New Mexico and Bravo Cadillac in El Paso, Texas. He previously served as Vice President of Perry Homes, based in Houston, Texas. He began his professional career with the accounting firm BDO.

Mr. Palacios has held various leadership positions in his industry and community. He has served on numerous dealer councils within the General Motor’s network. In 2011 he was appointed to the board of the Texas Department of Motor Vehicles by Governor Rick Perry and was reappointed to serve a six-year term by the Governor in 2013. Raymond served as the Finance/Audit Chairman and the Vice-Chairman of the board. In 2016 he was appointed as Chairman of the agency by Governor Greg Abbott.

Raymond is the current Chairman of the board of the Borderplex Alliance, and also serves on the board of the Council on Regional Economic Expansion and Educational Development. He previously served on the board of FirstSun Capital Bank.

Raymond has been honored to be the recipient of numerous business and community service awards and recognitions. Among them are the Time Quality Dealer of the Year Award for the State of Texas in 2015 and induction into the El Paso Business Hall of Fame in 2013.

Mr. Palacios is a Certified Public Accountant and attained the Certified Financial Planner designation. He received his B.B.A from the University of Houston in 1984.

Raymond’s military experience includes a tour of service with the United States Marine Corps Reserve.