Georgia State University has announced a $10 million gift from alumnus Parker H. "Pete" Petit in support of its athletics program.
In recognition of the gift, the school's new football field will be named Parker H. Petit Field. Petit, who earned an MBA in finance from the J. Mack Robinson College of Business, is chair of the steering committee for the university's $300 million fundraising campaign. He has been a generous supporter of the university over the years, donating $5 million for the construction of the Parker H. Petit Science Center and making gifts to Robinson College and the athletics program. The founder of Healthdyne, an international manufacturer of advanced healthcare devices and provider of healthcare information systems, technology, services, and disease management, Petit currently is the largest shareholder, chairman, and CEO of biopharma firm MiMedx Group.
"This field and stadium are just one of the many successes Georgia State has accomplished in a matter of a few years," said Petit. "Georgia State is destined to become one of the most respected urban universities in this country because of this series of successes, which have been a result of its leadership."