Peter Loscher

Audit Committee Chair


Current public company boards: Philips, Sulzer, and Telefonica

Prior public company boards: Deutsche Bank, Siemens, OMV, Munich Re, Smiths Group, Merck, Amersham, Aventis, and Hoechst

Executive experience: Peter was CEO of Renova Management. president and CEO of Siemens, president of Global Human Health and a member of the executive board of Merck, CEO of GE Healthcare Bio-Sciences and member of GE’s Corporate Executive Council, COO and member of the board of Amersham, and held senior leadership positions in Aventis and Hoechst. Peter was a founding partner of Medical Technology Venture Partners a senior advisor to Bain Capital Private Equity.

Additional information: Peter studied economics at Vienna University of Economics and Business Administration and at the Chinese University of Hong Kong. He got his MBA from Vienna University of Economics, and completed the Advanced Management Program (AMP) at Harvard Business School. He is founder of the Peter Löscher-Chair of Business Ethics and Global Governance at the Technical University of Munich. He is honorary professor at Tongji University, Shanghai, holds an Honorary Doctorate of Engineering from Michigan State University, and is Doctor Honoris Causa of Slovak University of Engineering in Bratislava.

Peter is a member emeritus of the advisory board of the Economic Development Board of Singapore, member of the International Advisory Council of Bocconi University, and member of the advisory board of Tsinghua University’s School of Pharmaceutical Sciences, Beijing.

He holds the Grand Decoration of Honor in Gold of the Republic of Austria, the Order of Friendship of the Russian Federation, and is Knight Commander of the Order of Civil Merit of Spain.