Born in New Orleans, Herbert J. “Chip” Peterson III has been a resident of Corinth for 18 years. The 42-year-old is a graduate of De La Salle High School in New Orleans and earned a bachelor of business administration degree in management and marketing from the University of Mississippi. Married to the former Angel Little, a 1988 graduate of Corinth High School, the Petersons have two daughters - Parker, who is in the eighth grade at Corinth Middle School and Pierce, who is in the first grade at Corinth Elementary School. Peterson is the owner/operator of CMS, a company which owns and operates apartment complexes in Mississippi and Tennessee.