The 1940 All-Southwest Conference football team consists of American football players chosen by various organizations for All-Southwest Conference teams for the 1940 college football season. The selectors for the 1940 season included the Associated Press (AP) and United Press (UP).
All Southwest selections
Backs
Pete Layden, Texas (AP-1, UP-1 [hb]) Jim Thomason, Texas A&M (AP-1, UP-1 [hb]) Preston Johnston, SMU (AP-1, UP-1 [qb]) John Kimbrough, Texas A&M (AP-1, UP-1 [fb]) Robert Brumley, Rice (AP-2, UP-2 [fb]) Marion Pugh, Texas A&M (AP-2, UP-2 [hb]) Jack Crain, Texas (AP-2, UP-2 [hb]) William Conatser, Texas A&M (AP-2) Kyle Gillespie, TCU (UP-2 [qb])
Ends
James Sterling, Texas A&M (AP-1, UP-2) Jack Russell, Baylor (AP-1, UP-1) Phil Roach, TCU (AP-2, UP-1) Malcolm Kutner, Texas (AP-2) Red Hickey, Arkansas (UP-2)
Tackles
Ernest Pannell, Texas A&M (AP-1, UP-1) Fred Hartman, Rice (AP-1, UP-1) Joe Pasqua, SMU (AP-2) Jack Anderson, Baylor (AP-2, UP-2) Chipp Routt, Texas A&M (UP-2)
Guards
Marshall Robnett, Texas A&M (AP-1, UP-1) Bobby Sherrod, TCU (AP-1, UP-1) Charles Henke, Texas A&M (AP-2, UP-2) Chal Daniel, Texas (AP-2, UP-2)
Centers
Ken Whitlow, Rice (AP-1, UP-1) Robert Nelson, Baylor (AP-2, UP-2)