Rancho Santa Fe resident elected to La Jolla Institute Board of Directors

The La Jolla Institute for Allergy and Immunology recently announced that Rancho Santa Fe resident Larry Spitcaufsky and Hunt Pettit have been elected to its board of directors.

“We are delighted to welcome these accomplished new members to our board,” said Mitchell Kronenberg, Ph.D., La Jolla Institute president and chief scientific officer. “Larry and Hunt both bring strong leadership skills and entrepreneurial success to La Jolla Institute, and their guidance will no doubt contribute to the Institute’s future success as a leader in the field of immunology.”

Spitcaufsky is the owner and director of Petroleum Technologies Inc. (PTI) in Kansas City, Missouri and the founder and chairman of Hootwinc, LLC. Previously, he was executive vice president of Arrow Truck Sales in Kansas City, North America’s leading source of pre-owned heavy-duty and medium-duty trucks. Co-founded in 1950 by his father, Melvin Spitcaufsky, Arrow Truck Sales started as a small used-truck business and became the largest dealership of its kind before it was sold to the Volvo Truck Corporation in 1998.

Spitcaufsky has expanded into wide-ranging investments, selling his chain of convenience stores to Circle K, investing in real estate, starting PTI to drill for oil and gas, and becoming majority owner of a chain of 16 Southern California restaurants. Yet it is the donation of his time and philanthropic resources as a new member of the La Jolla Institute board of directors that Spitcaufsky believes will be the most important investment of his life.

“I’ve had a great career and I’m proud to have had an impact in a number of areas, including several nonprofit organizations, but my involvement with the La Jolla Institute gives me a special opportunity to support one of the most remarkable scientific organizations in the world,” he said. “The research the Institute is conducting on the immune system is truly groundbreaking.”

Hunt Pettit is the founder of Energy & Exploration Partners, and serves as the chairman of the board of directors, president and chief executive officer. Pettit started the Fort Worth-based company, which focuses on the acquisition, exploration and development of conventional and unconventional oil and gas resources, in 2008 with his own funds and grew the company from a small start-up into a highly successful operation. Before founding Energy & Exploration Partners, he was contract land manager for the Barnett Shale Project for David H. Arrington Oil & Gas, Inc., a privately held oil and gas company in Midland, Texas.