David E. Snow has been named as Pegasus Park’s first executive director. The veteran tech development leader is slated to lead multiyear strategic planning, ecosystem growth, business development efforts and foster regional collaboration across the biotech, academic, and nonprofit sectors.
Pegasus Park is a 26-acre, 885,000-square-foot mixed-use office campus serving as a hub of biotech, life sciences, social impact, and corporate innovation that’s located between the Dallas Design District and Southwestern Medical District.
“As North Texas rises in the ranks of U.S. biotech hubs, Pegasus Park is actively attracting a global network of tenants, talent, investors, and industry events,” Steve Davis, president and COO of J. Small Investments, said in a statement. “Since launching in 2021, Pegasus Park has become the epicenter of life science and healthcare innovation in the region and Dr. Snow’s background in building innovation ecosystems is going to help guide the campus through its next phase of growth.”
Snow brings more than 15 years of experience at the intersection of research, entrepreneurship, and economic development. Most recently, he was president and CEO of the University of Arkansas Technology Development Foundation, where he led the financial, operational, and strategic direction of the Arkansas Research & Technology Park.
Under Snow’s leadership, the foundation doubled its revenue, tripled net assets, acquired a $20.5 million facility, and led multiphase planning to expand the park into a 2.5 million square-foot mixed use innovation district.
‘Catalyst for cross-sector collaboration and discovery’
“Pegasus Park is more than a campus, it’s a purpose-built community that serves as a catalyst for cross-sector collaboration and discovery,” Snow said in a statement. “By bringing together cutting-edge biotech labs and the people that need them, mission-driven nonprofits, and modern social spaces, it’s building a thriving community that’s accelerating progress in science, health, and wellness, right from the heart of Dallas.”
Snow also co-led the establishment of the Institute for Integrative and Innovative Research (I³R) and The Collaborative innovation hub in Bentonville as interim vice chancellor for economic development at the University of Arkansas. He also previously led commercialization and IP strategy at Texas Tech University, where dramatic increases in invention disclosures, patent filings, and licensing revenue were realized under his leadership.
A certified licensing professional and registered patent agent, Snow is recognized for his ability to connect research and innovation with real-world impact, Pegasus Park said. He has launched startups, developed proof-of-concept funding models, and built cross-sector partnerships among academia, industry, and government.
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