A retired Erie insurance executive who donated $10 million toward the University of Pittsburgh’s basketball arena is also helping fund an Olympic Sports Complex on campus.
John Petersen his a 1951 Pitt graduate and retired president and chief executive officer of the Erie Insurance Group.
He and wife, Gertrude, have made an unspecified donation to build what will be known as the Petersen Sports Complex. The 12-acre complex with lighted fields for baseball, softball, and men’s and women’s soccer is expected to open in January 2011.
The Petersen Events Center, a 12,000-seat basketball arena and concert venue on campus, is also named for the couple.
Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Banks Still Face Legal Claims After $25 Billion Settlement
MF Global Judge to Examine Insurance Payments for Former Executives
Daredevil CEOs May Put Companies at Risk
California Independent Contractor Law May Be Liability for Agents, Brokers
North Carolina Continues Auto Regulation Debate As Rates Stay Same for 2012
Long-time California Lobbyist Looks to 2012 Legislation Affecting Insurance
Mine Safety Chief Seeks to End Complacency Over Safety
Virginia Court Grants Rehearing of Global Warming Claims Case
