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ConnexFM2025 Session: Asset Repair vs. Replacement Decisions - A Financial, Analytical and Operational Approach

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Repair or Replace – A asset breaks and now what? You need a quick decision. Come join us to analyze the cost, age, efficiency, downtime, lease term, operational impact, and other factors to arrive at a replacement or repair decision. This is a unique, workshop format session where attendees will leave with a working excel template. Whether it be an HVAC system, refrigeration unit, roof, forklift, or any other asset, this will allow you to utilize your own data points for any asset to arrive at and support your decision with senior leadership.

Dr. Clair Nixon

Professor Emeritus of Accounting

Texas A&M University

Clair J. Nixon is Professor Emeritus of Accounting at Mays Business School, Texas A&M University. He served from 1980-2017.

Results of Dr. Nixon’s research activities have appeared in numerous journals including Agribusiness, an international journal, Journal of Agribusiness, American Journal of Agricultural Economics, Journal of Taxation, Tax Advisor, Taxation for Accountants, Financial Analysts Journal, and many others. He has co-authored five books including Personal Finance, Individual Income Taxation, How to Analyze Financial Statements in Agriculture and others.

He has also been the recipient of over $500,000 in competitive grants from organization such as the National Oceanic and Atmospheric Administration, Department of Commerce, Department of Agriculture, Canadian Embassy, Center for the Study of Western Hemisphere Trade, and many others. He has presented numerous papers at regional national and international professional meetings. He has also appeared on television and radio programs to discuss national tax policy issues.

Dr. Nixon has received recognition for his excellence in teaching including the 1995-1996 Outstanding Teaching Award from the College of Business Honors Program as selected by the students; the 1993-1994 Association of Former Students Distinguished Achievement in Teaching; and in 1992, the Association of Former Students, Texas A&M University, awarded him the Distinguished Teaching Award, College of Business. Ernst & Young awarded him the Ernst & Young Faculty Excellence Award in 2010. He received the Chairman’s Award from Halliburton Corporation, 2008.

He was the holder of the PricewaterhouseCoopers Teaching Excellence Professorship. Dr. Nixon also served as the co-director for the Texas A&M University Agribusiness Degree Program.

Dr. Nixon has served as a consultant to both profit and not-for-profit organizations in the areas of taxation, managerial accounting, and forecasting. He regularly participates in executive development programs sponsored by Texas A&M University focusing on corporate development, financial statement analysis and managerial decision-making. He is on the board of directors of several closely held corporations in Texas and Utah. He also served 9 years as an elected trustee for the College Station Independent School District. Prior to his academic appointment, he managed a commercial farming operation in Idaho.

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