DuWayne Peterson

Mr. Peterson is President of DuWayne Peterson Associates, a consulting firm he established in 1991, specializing in the effective management of information technology and guidance to early stage information technology companies. He is also a founder and chairman of the Pasadena Angels, a group of private investors that invest in start-ups in information technology and life sciences.

His career has spanned a number of the largest business organizations in the world. In 1962 he joined Ford Motor Company in operations research and quickly transitioned into the information technology area. He moved on to Citibank and RCA Corporation, where he achieved higher levels of responsibility for overall information technology implementation and management. In 1977, Security Pacific Bank recruited him to become Executive Vice President of the ADP Group. In his almost ten years at Security Pacific, he managed the transition of the Group to a more business-oriented technology organization that became known as Security Pacific Automation Company and he became its Chairman and CEO.

In 1986, Merrill Lynch recruited Mr. Peterson to become Executive Vice President of Operations, Systems and Telecommunications. In this capacity he led the modernization and streamlining of their global operation and information technology functions.

Mr. Peterson holds degrees from UCLA and MIT. He serves on a number of Boards including Claremont Graduate University and MIT.