State of Business magazine, fall 2008
  vol. XX no. 2
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FALL 2008 CONTENTS
Dean's Letter
Building Atlanta
Growing, Growing
A Guiding Force
Global Connections
Mutual Influence
The Man
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DEPARTMENTS
The Pulse
In the News
Faces
Wheresoever
First Person
Rajeev Reports
As I See It
State of Business Information

A Guiding Force | by Gary W. McKillips

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New Board Chair Has International Focus

Pete Petit

Pete Petit

Pete Petit (MBA '73) has turned in one chairman’s hat. Now he’s about to don another.

Petit, who recently retired as chairman of the board of Matria Healthcare, will become the new chair of the Robinson College Board of Advisors.

“The level of activity of the head of any public company makes it difficult to find the time to do things you would like to do to support your community. I’ve wanted to play a bigger role with the Robinson College for a long time, and my retirement from Matria now makes that possible.”

Petit’s desire to play a bigger role stems largely from his experience as a student at Robinson and from the respect he has for the mission and vision of the College.

Although he holds two degrees from Georgia Tech, Petit says that his Georgia State MBA made the difference in his ability to run a successful company. “Healthdyne (Petit’s first company and one he built to revenues in excess of $600 million) started as a medical technology business, and while I wasn’t an electrical engineer– I was a mechanical engineer– I had a pretty good concept of how to develop products. What I didn’t know was how to develop the capital structure associated with running a prosperous business. My education at the Robinson College, specializing in Finance, was really important from that standpoint.” He is now launching his own private equity firm, the Petit Group, to be housed in Alpharetta.

Petit has kept a close eye on the College over the years. “Robinson has been extremely important to the business community,” he said. “Our business school, and the national rankings verify what I’m saying, has had a wonderful impact on business careers associated with this area.”

While Petit thinks the College has accomplished much, he is not one to let the school rest on its laurels. He says today “there’s an international focus on academics. Many emerging countries now realize the importance of education. I believe that the Board of Advisors can have a big influence on extending the College’s outreach even further.”

He added, “The Robinson College and Georgia State University have tremendous assets and a tremendous footprint in a very dynamic city. With the members of our board, I plan to do everything possible to build on these resources and help the College become not only a tremendous asset to this region, but a premier institution that influences business education around the world.”

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