Pedro Wasmer '62 established the Pedro E. Wasmer Professorship in Engineering in January 2008 to support the salary and activities of a professor in the Department of Civil and Environmental Engineering in the A. James Clark School of Engineering. Pedro Wasmer is the retired president and CEO of Somerset Capital Group. A native of Cuba, Wasmer began his career as a civil engineer before moving on to become an entrepreneur, forming and selling companies. Somerset Capital Group has been recognized as one of the top 500 Hispanic-owned businesses in the country.