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Business as Usual for Hillwood Team as Ross Perot Jr. Takes Over as President, CEO for Father's Perot Systems

DALLAS-Ross Perot Jr. is walking in his father's footsteps, taking over as president and CEO for The Perot Systems Corp., a move not expected to affect his Dallas-based Hillwood Development Corp. His business acumen and commitment to his father's company lie at the crux of the decision, says the senior Perot.

By Connie Gore | Updated on August 24, 2000

Ross Perot Jr. is walking in his father’s footsteps, taking over as president and CEO for The Perot Systems Corp., a move not expected to affect his Dallas-based Hillwood Development Corp. The 41-year-old Perot has served as a Perot Systems board member for 12 years.

According to a Hillwood source, the younger Perot has established a management hierarchy in the past 18 months that has his utmost confidence as chairman and founder of the development corporation. In fact, he spent most of the past year in London working with Perot Systems’ European operations while his Hillwood team never missed a step in its ongoing development plans, stresses the source. Hillwood Development’s day-to-day operations are headed up by CEO Rick Patterson, with the investment arm under the direction of Todd L. Platt.

Ross Perot Sr. will continue as Perot Systems’ chairman, working closely with customers and the sales and marketing teams. He says his son’s success record in all facets of business led to the decision, “along with his deep commitment to take Perot Systems to the next level of becoming a global business and technology solutions leader.”

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