Age, Biography and Wiki
Peter Löscher was born on 17 September, 1957 in Austria, is a manager. Discover Peter Löscher's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 66 years old?
| Popular As |
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| Occupation |
N/A |
| Age |
66 years old |
| Zodiac Sign |
Virgo |
| Born |
17 September, 1957 |
| Birthday |
17 September |
| Birthplace |
N/A |
| Nationality |
Austria |
We recommend you to check the complete list of Famous People born on 17 September.
He is a member of famous manager with the age 66 years old group.
Peter Löscher Height, Weight & Measurements
At 66 years old, Peter Löscher height not available right now. We will update Peter Löscher's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
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| Height |
Not Available |
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Not Available |
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Not Available |
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Not Available |
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Not Available |
Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
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| Parents |
Not Available |
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Not Available |
| Sibling |
Not Available |
| Children |
Not Available |
Peter Löscher Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Peter Löscher worth at the age of 66 years old? Peter Löscher’s income source is mostly from being a successful manager. He is from Austria. We have estimated
Peter Löscher's net worth
, money, salary, income, and assets.
| Net Worth in 2023 |
$1 Million - $5 Million |
| Salary in 2023 |
Under Review |
| Net Worth in 2022 |
Pending |
| Salary in 2022 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
manager |
Peter Löscher Social Network
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Timeline
Under the terms of his pay-off of 17 million euros from Siemens, Löscher was obliged not to work for a "significant competitor" of the company until September 2015. In 2014, he was hired by Russian billionaire Viktor Vekselberg to serve as chief executive of Renova Management (RMAG), which oversees his international industrial holdings, including stakes in Sulzer and in Oerlikon. He left Renova in 2016, amid disagreements with Vekselberg.
Following a series of missteps under his leadership, including a late delivery of high-speed ICE trains for German national railroad Deutsche Bahn and delays in completing offshore wind turbine projects, he was replaced by Joe Kaeser (Josef Käser) as CEO and left Siemens in July 2013, four years before the end of his contract.
In his capacity as CEO, he accompanied Chancellor Angela Merkel on various state visits, including to China in 2012.
In 2007 Löscher became the first CEO of Siemens AG to be appointed from outside the company. He was appointed on 20 May 2007 as the successor of Klaus Kleinfeld, and was selected to take on the new position on 1 July 2007. Under Löscher, Siemens spun off its Osram lighting unit and sold its half of a joint venture with Nokia that supplied equipment for mobile telecommunication networks. In 2012, he earned 8.7 million euros. In late 2012, he initiated efforts to save 6 billion euros ($7.7 billion) over the following two years.
From 1988 until 2000 he worked for the German pharmaceutical company Hoechst in Spain, Japan, Great Britain and the United States. After Hoechst merged with Rhone-Poulenc he stayed at Aventis until 2002. He then joined Amersham, which was taken over by General Electric. In 2006 he became a member of the executive board of the US pharmaceutical company Merck.
Löscher graduated from Gymnasium Villach/Austria in 1978 and got a master's degree at the Vienna University of Economics and Business Administration. Later he attended but did not obtain a degree from an MBA program at the Chinese University of Hong Kong, and attended the six-week Advanced Management Program (AMP) at Harvard Business School. In 2007 he received the honorary degree of Doctor of Engineering from Michigan State University.
Peter Löscher (born 17 September 1957 in Villach, Austria) is an Austrian manager who was the CEO of Siemens from 2007 until 2013. As of 2017, Löscher remains as the only CEO to be hired from outside the conglomerate in the 170-year history of Siemens. Before joining Siemens, he worked as president for Global Human Health at global pharmaceutical company Merck & Co.
