Noro-Moseley Partners Announces Dr. G.P. “Bud” Peterson to join Advisory Board
New President of Georgia Institute of Technology Adds Depth to Firm’s Expertise
10/12/2009
Atlanta, GA -- Noro-Moseley Partners (NMP), a leading Southeast venture capital firm focused on growing IT and healthcare companies, today announces the appointment of Dr. G.P. “Bud” Peterson to the firm’s Advisory Board.
Named the 11th president of the Georgia Institute of Technology in April 2009, “Dr. Peterson is vitally interested in the development of technology businesses in the Southeast and his advice, relationships and expertise will be of significant benefit to Noro-Moseley and the companies we serve,“ said Charles Moseley, chairman of the Noro-Moseley Partners’ Advisory Board.
“NMP portfolio companies benefit from our investment team and the regular counsel of our Advisory Board. Dr. Peterson's addition to that group only strengthens our position,” said Moseley.
As President of the Georgia Institute of Technology, Dr. Peterson oversees a top-10 public research university with more than 20,000 students and more than $500 million in sponsored funding. Throughout his career, Dr. Peterson has played an active role in helping to establish the national education and research agendas, serving on numerous industry, government and academic task forces and committees. A distinguished scientist, Dr. Peterson was selected in 2008 by President George W. Bush to serve on the National Science Board through 2014. The Board oversees the National Science Foundation (NSF) and advises the President and Congress on national policy related to science and engineering research and education.
Dr. Peterson earned undergraduate degrees in mechanical engineering and mathematics as well as a master's degree in engineering from Kansas State University. He earned his doctoral degree in mechanical engineering at Texas A&M University.
Dr. Peterson joins Dr. Jim Wagner, president of Emory University, who became a member of the Noro-Moseley Advisory Board early in 2008. “Both Emory and Georgia Tech are vital foundations in the development of technology-based businesses. Each institution combines engineering and medicine, areas of importance to the firm,” said Moseley.
Additional Advisory Board members include: Facundo Bacardi, chairman of Bacardi & Company Ltd, David Bellet, retired chairman of Crown Advisors Ltd, Russell French, prior partner with Noro-Moseley, Jack Kelly, prior partner with Noro-Moseley, Clifford Kirtland, former chairman, president and chief executive officer of Atlanta-based Cox Communications Inc, Thomas Noonan, former president & chief executive officer of Internet Security Systems and J.F. van Vlissingen, chairman of BCD Holdings.
About Noro-Moseley Partners
Noro-Moseley Partners brings financial resources, expertise, energy and business and academic connections to IT and healthcare entrepreneurs. Since its 1983 beginning, NMP has funded more than 160 companies primarily in Georgia, North and South Carolina, Florida, Tennessee and Virginia. Headquartered in Atlanta, GA, NMP invests in early and early-growth stage companies.
About The Georgia Institute of Technology
The Georgia Institute of Technology is one of the nation's premier research universities. Ranked seventh among U.S. News & World Report's top public universities, Georgia Tech’s more than 20,000 students are enrolled in its Colleges of Architecture, Computing, Engineering, Liberal Arts, Management and Sciences. Tech is among the nation's top producers of women and minority engineers. The Institute offers research opportunities to both undergraduate and graduate students and is home to more than 100 interdisciplinary units plus the Georgia Tech Research Institute.
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