Georgia Tech President G.P. “Bud” Peterson announced Monday he’ll retire this summer. He didn’t specify an exact date. Peterson has led the university since 2009.
“The opportunity to serve as president of Georgia Tech the past 10 years has been one of the highlights of my career,” Peterson said in a press release. “Georgia Tech is a great institution and great institutions are built on great people, great faculty, great staff and great students.”
In a letter to faculty, staff, and students, Peterson said after retiring, he’d like to return to teaching and doing research at Georgia Tech.
The University System of Georgia credited Peterson with expanding Georgia Tech’s presence in Tech Square. Officials say he has increased fundraising, exceeding the school’s $1.5 billion goal by 20 percent. USG says he also initiated the university’s online MS programs in computer science, data analytics, and cybersecurity.
“President Peterson’s extraordinary contributions to Georgia Tech, a top-10 public research university, are unmatched,” University System Chancellor Steve Wrigley said in a statement. “Under Bud’s leadership, Georgia Tech became the first institution in a decade to receive an invitation to join the prestigious Association of American Universities. His focus on research led to an increase in total awards from $445 million to $851 million.”
USG says it will organize a search for Peterson’s replacement in the coming days.