Parker H. "Pete" Petit has had a distinguished career, primarily in healthcare, showcasing his expertise from engineering to high-level management. He holds a Bachelor's in Mechanical Engineering and a Master's in Engineering Mechanics from Georgia Tech, along with an MBA...
Parker H. "Pete" Petit has had a distinguished career, primarily in healthcare, showcasing his expertise from engineering to high-level management. He holds a Bachelor's in Mechanical Engineering and a Master's in Engineering Mechanics from Georgia Tech, along with an MBA in Finance from Georgia State University. Petit took the reins as CEO of MiMedx Group, Inc. in 2009, where he led the company until 2018. Before MiMedx, he was the Chairman and CEO of Matria Healthcare, which sold for a significant amount in 2008. His impact didn't stop at management; he made substantial contributions to Georgia Tech, funding key facilities that bear his name. He also made headlines for his insider trading activities, showcasing fluctuations in his wealth primarily tied to MiMedx shares which peaked at over $54 million in value within a year, only to decline later on. Notably, he has been involved in a broad range of securities transactions, indicating a proactive stance in managing his company shares. His leadership style has been pragmatic, focusing on steering the company utilizing an experienced lens shaped by a solid educational background and vast industry experience.