avatar for DuWayne Peterson

DuWayne Peterson

Colorado Angel Investors
Vice Chairman
DuWayne Peterson has over 20 years experience in advising, mentoring and investing in startups with emphasis on information technology companies. He is currently Vice Chairman of the Colorado Angel Investors and serves on Innosphere’s Board of Directors. He was Chairman & Co-Founder of the Pasadena Angels, an angel group that invests in start-ups in the Southern California area. Mr. Peterson’s career spans some of the world’s largest business organizations as he played a central role in moving those organizations into the information age over the last forty years. In the 1960s, he began his career at Ford Motor Company in operations research and quickly transitioned into the fledgling information technology area. He moved on to Citibank and RCA Corporation where he was responsible for the introduction and implementation of information technology into their management systems. In the 1970s, Security Pacific Bank recruited him to become Executive Vice President of the ADP Group. Over a ten-year period, he managed the transition of the Group to a more business-oriented technology organization that became known as Security Pacific Automation Company, becoming its chairman and CEO. In the 1980s, 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 the firm’s global operation and information technology functions.