Robert "Bob" Lewis Padgette

October 02, 1946 - July 05, 2025

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Obituaries

Robert "Bob" Lewis Padgette

Robert “Bob” Lewis Padgette passed away on July 5, 2025, in Raleigh, North Carolina at the age of 78.

Bob was born in Raleigh on October 2, 1946, to Curtis and Edith Wooten Padgette. He also lived in New Jersey and Atlanta during his childhood. Bob graduated from Westminster High School in Atlanta 1964 and went on to attend Duke University, earning his undergraduate degree in electrical engineering in 1968 and later returning to Duke’s Fuqua School of Business to obtain his MBA in 1981. He was a proud member of the SAE fraternity and a lifelong Duke Blue Devil.

Bob began his career in Cincinnati before returning to Raleigh in the early 1970s. In 1981, he moved to Atlanta for several years and ultimately settled back in Raleigh, where he lived for the remainder of his life. Bob started his professional career as an engineer working for L.E. Wooten & Company. After obtaining his MBA he began his financial career working at Kidder Peabody. This is when he was able to enjoy his true passion - numbers and data. He founded Mobius Group in 1989 and really enjoyed being his own boss. In 1999, Mobius group was acquired by CheckFree and not long afterward Bob returned to his love of entrepreneurship with the start up of Klein Decisions.

Bob was always on the move. On to the next adventure, whether professional or personal. While in school he enjoyed being on the wrestling team and later realized he really enjoyed running. He always looked forward to participating in The Great Raleigh Road Race until he moved to Atlanta where he was able to continue his annual tradition with the Peachtree Road Race. He loved dogs—always happiest with one by his side—and was an avid golfer. He may have said he enjoyed the game, but perhaps it was more of the socializing he enjoyed. In his younger years, he raced a yellow Bug-Eyed Sprite, a fitting symbol of his sense of adventure. Later in life that love of adventure led him to the open road in his beloved RV to enjoy his retirement.

Bob was preceded in death by his wife of 47 years, Martha “Becky” Padgette in April of 2025. He is survived by his son Rob Padgette, Rob’s wife Heather, and their sons Cameron and Nathan; his daughter Beth Fulks and her husband Clay; and his sister Deedee Padgette and her wife Lou Elledge and many cousins. He will be missed by family, friends, and all who knew him.

Onward to the next adventure.

In lieu of flowers, the family invites donations in his memory to Peak Lab Rescue or the Duke Fuqua Annual Fund in memory of Robert Padgette. A celebration of life will be planned at a later time.

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Condolences

  • August 10, 2025

    Bob was one cool dude to work with and for at Mobius Group, and then CheckFree Investment Services. I was young and new to the investment industry and was able to be promoted due to Bob's generosity and confidence in abilities he witnessed in others. Bob was so very well respected and admired in the small investment niche. With his guidance, we produced outstanding quality products as well as maintaining an outstanding reputation as a company. Bob, I loved you and Becky and cherish many laughs and teaching moments I had with you. Here's to Alpha, Beta, R-squared, Sortino Ratios, and the thousands of custom universe graphs, my friend. Peace out, Cathy True Nyberg

  • July 24, 2025

    So sorry to hear of Bob's passing. I learned so much from Bob over the years and always valued his wisdom, leadership and friendship during my time as a client of Mobius Group as well as one of the select few employees of Klein Decisions. Our time spent with Bob (and Becky) during those 8 years in Raleigh were formative for our family (I'm uploading pics with our daughter Elena with Bob and all of us at dinner around Christmas 2006). Personally, I had the good fortune of working with Bob daily for 7+ years at Klein. My sympathies to all of Bob's family and friends. He will be missed...but more than that he will be remembered fondly and appreciated.

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