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Research Triangle Park News

RTP Welcomes New Vice President of Business Development


May 16, 2012

RESEARCH TRIANGLE PARK, N.C. - The Research Triangle Foundation of North Carolina has selected Mason Ailstock to serve as Vice President of Business Development. Ailstock comes to the Research Triangle Park from Clemson University, where he has played an instrumental role in the early formation and success of the International Center for Automotive Research (CU-ICAR).

As Vice President, Ailstock will lead the business development, marketing, real estate and partnership efforts of the Research Triangle Park. He will attract economic development projects by cultivating key relationships at a national and global scale. Ailstock will also develop an increased focus on university engagement and collaboration with RTP companies and stakeholders.

“Mason promises to bring energy and creativity to our new business development program,” said Bob Geolas, President & CEO of the Research Triangle Foundation. “His work with universities gives him a unique understanding to the special role public - private partnerships play in the development of RTP. I have known him for nearly eight years and feel confident in the leadership he can bring to this new responsibility.”

Ailstock most recently served as Economic Development Director of the Advanced Materials Research Park, a 256-acre Clemson University project in Anderson, South Carolina. Concurrently, he was a Global Partner Manager for CU-ICAR. His responsibilities in these joint roles included partnership outreach, corporate relations and the development of collaborative opportunities between public and private sectors. Additionally, Ailstock focused on the recruitment of R&D and industrial partners from the automotive, energy, information technology and advanced manufacturing industries.

During his time at the International Center for Automotive Research, Ailstock was critical in obtaining $4,000,000 of federal support for the construction of the 60,000 square foot Center for Emerging Technologies. CU-ICAR has generated nearly $250 million in public and private investment since it was announced in 2003, becoming home to 17 companies and over 50 private sector research partners. Ailstock first became involved in the leadership of CU-ICAR in 2005, during implementation of the master plan and phase one development.

Ailstock has also demonstrated considerable community involvement, serving as a member of the Board of Directors for the U.S. Green Building Council South Carolina Chapter from 2004-2009, as well as a member of the South Carolina American Institute of Certified Planners (AICP), Urban Land Institute (ULI), and the Clemson University Environmental Committee. An accredited LEED BD+C professional, Ailstock was named the Associate Director of Sustainability and Development for the Clemson University Office of Land & Capital Asset Stewardship in 2006.

Originally from Annapolis, Maryland, Ailstock received his Masters of City & Regional Planning with a focus in real estate development from Clemson University. He also holds a Bachelors of Science in Architecture & Design from Clemson University.

About the Research Triangle Foundation of North Carolina

The Research Triangle Park is the leading and largest high technology research and science park in North America, covering 7,000 total acres. Founded in 1959, The Research Triangle Park is developed and managed by the non-profit Research Triangle Foundation of North Carolina. The Foundation is responsible for building and maintaining the physical aspects of the Park; attracting and retaining Park companies; and enhancing the competitive position of the Park and the Triangle region. To learn more about The Research Triangle Park, visit


Contact: Research Triangle Foundation of North Carolina| 919.549.8181 |