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KU business center hires new president, COO

LAWRENCE, Kan. (AP) -- The University of Kansas has hired a new president and chief operating officer for its Bioscience and Technology Business Center.

The university announced Wednesday that G.R. Underwood has taken the position after working as CEO for a company spun out of the University of Texas that specialized in software for the oil and gas industry.

The Lawrence Journal-World (http://bit.ly/1fWEOSv) reports Underwood served as vice president of client services for the Lawrence Regional Technology Center from 2007 to 2010.

Underwood has a master's degree in business administration from the University of Oklahoma.

The center provides offices, lab space and professional services for startups and small companies in the area.