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Kurt Peterson started their career at Universal X-Ray in 1977, where they worked as a Controller until 1985. In 1985, they joined Identity Custom Sportswear and served as the President for 15 years until 2000. From 2000 onwards, Kurt Peterson worked at Summit Industries as the VP of Administration.

Kurt Peterson has a strong educational background in business and finance. Kurt started their academic journey at North Park College in 1969 but did not pursue a degree there. Peterson then attended Western Illinois University from 1970 to 1973, earning a Bachelor of Business Administration (BBA) with a focus on Accounting and Finance. Kurt continued their studies at Western Illinois University from 1973 to 1974, obtaining a Masters in Business Administration (MBA) with a specialization in Finance, General. To further enhance their qualifications, Peterson obtained a Certified Public Accountant (CPA) certification from the University of Illinois Board of Examiners in August 1975.