Arrington will be speaking next week, as a part of the college's Chief Executive's Roundtable series.
Arrington is known for adding a Red Raider twist to the foam finger, though he isn't an inventor by trade - he is one of the wealthiest oilmen in Texas.
Arrington graduated with a degree in finance from Tech's Rawls College of Business in 1983, and went on to drill in West Texas and Southeastern New Mexico during some of the worst economic times for the oil industry. By 2003, he was drilling for oil in the Barnett Shale Drilling Program, known as a risk-taker and an industry leader. He later sold his wells in the Barnett program for more than $900 million dollars.
The Tech alum's company currently drills in New Mexico, the Gulf Coast, Arkansas as well as West Texas.
Arrington has also been featured in publications ranging from the Rawls Exchange, the alumni magazine of the college, to Texas Monthly, in a feature on oil drilling in the Permian Basin.
According to the Rawls College of Business, the Chief Executive Roundtable brings industry leaders to Texas Tech to share their experiences and insights with students, faculty, and the Lubbock community.
The Roundtable will be Wednesday March 26, at the McKenzie-Merket Alumni Center at noon.
Copyright 2016 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.