PITTSBURGH (AP) John Petersen, a retired insurance executive whose gifts to the University of Pittsburgh included $10 million for a basketball arena named for himself and his wife, has died. He was 86.
Petersen died Saturday after battling cancer, university officials and his family said. He and his wife, Gertrude, were living with their daughter in Savannah, Georgia, at the time.
Chancellor Emeritus Mark Nordenberg said the gift that helped fund the $119 million John M. and Gertrude E. Petersen Events Center also helped invigorate the campus and was a magnet for other donations. It opened in 2002.