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.”

The younger Perot also serves as chairman of HCL Perot Systems, a joint venture formed in March 1996 with HCL Technologies, one of India’s largest information technology groups, and a director for Time0, a leading builder of digital marketplaces, and wholly-owned subsidiary of Perot Systems.

Under Perot Jr.’s leadership, Hillwood gained its foothold in the development business with the 15,000-acre Alliance Texas project, anchored by the world’s first industrial airport. Today, Alliance houses 94 companies, including 27 from Fortune 500 and 32 from the Global 1000.

Another Hillwood signature project is the downtown Dallas “Victory” development, a 70-acre complex that will encompass seven million sf of high-density retail, residential and office space, including the new $350 million American Airlines Center, ticketed to be the home arena for the National Basketball Association’s Dallas Mavericks and the National Hockey League’s Dallas Stars.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.