Peter Voser Explained

Honorific Prefix:Dato Seri Laila Jasa
Peter Voser
Honorific Suffix:DSLJ
Birth Name:Peter Robert Voser
Birth Date:29 August 1958
Birth Place:Baden, Switzerland
Alma Mater:Zurich University of Applied Sciences
Occupation:Businessman
Years Active:–present
Chairman of ABB
Boards:IBM Corporation / Temasek Holdings / PSA International
Spouse:Daniela Voser
Children:3

Peter Robert Voser (born 29 August 1958)[1] is a Swiss businessman, who is the chairman of the Swedish-Swiss company ABB. He was the CEO of the Dutch-British corporation Royal Dutch Shell from July 2009 to December 2013. He was interim CEO of ABB from April 2019 to February 2020.[2] He started his career at Royal Dutch Shell in 1982, working in a number of finance and business roles in different countries. From 2002 to 2005 he was chief financial officer for ABB and Royal Dutch Shell. In 2004, he was appointed Royal Dutch Shell's chief financial officer (CFO) and then CEO in July 2009.

Early life

Voser was born in Baden, Switzerland in 1958.[3] From 1979 to 1982 he studied for a Business Administration degree from Zurich University of Applied Sciences, Switzerland.[4]

Career

In 1982, at age 24, Voser joined Shell and held a variety of finance and business roles in Switzerland, the UK, Argentina and Chile, as well as chief financial officer of Oil Products.[5]

From 2002 to 2004, Voser was CFO and an executive committee member of the Asea Brown Boveri (ABB) Group of Companies. Voser is active in a number of international and bilateral organisations, including the European Round Table of Industrialists and The Business Council.

In 2010, he became a director of Catalyst, a non-profit organisation working to build inclusive environments and expand opportunities for women at work.

Voser was CFO of Shell until mid-2009, when he became the company's CEO and was succeeded as CFO by Simon Henry.[6] On 2 May 2013, it was announced that Voser would retire from Shell in the first half of 2014.[7] On 17 April 2019, Voser was named interim Chief Executive Officer of ABB. [8] and also Board Director in IBM since 2015.[9]

Other activities

Government agencies

Corporate boards

Recognition

On 15 July 2011, His Majesty the Sultan of Brunei awarded Voser the Order of Paduka Seri Laila Jasa in recognition of his services to Brunei.[14] [15] In April 2022 Peter Voser was conferred the Honorary Citizen Award by the Singapore Government.[16]

Controversy

Royal Dutch Shell paid former chief executive Peter Voser £22m in his last years 2012–2013 through share awards and other performance-related bonuses while the company failed to perform well. Voser was responsible for the controversial projects of the US oil shale lands, the Niger Delta and the Arctic oil exploration.[17]

Personal life

Voser is married to Daniela and has three children.[18] Since September 2013 he has been serving in the position of the chairman of the St. Gallen Foundation for International Studies, replacing Josef Ackermann.[19]

References

External links

Notes and References

  1. https://web.archive.org/web/20121219015153/http://www.forbes.com/profile/peter-r-voser/ Forbes.com
  2. Web site: Peter R. Voser, Chairman of the Board of Directors of ABB Ltd.
  3. https://www.munzinger.de/search/go/document.jsp?id=00000027822 Munzinger.de
  4. Web site: Peter R. Voser: Executive profile and biography. Bloomberg BusinessWeek. 4 December 2012. https://web.archive.org/web/20130609210616/http://investing.businessweek.com/research/stocks/people/person.asp?personId=1793836&ticker=RDSA:LN. 9 June 2013. dead.
  5. Web site: News & Views.
  6. Web site: Royal Dutch Shell in board reshuffle, names Simon Henry new CFO . 12 March 2009 . 27 May 2022 . Proactiveinvestors (UK).
  7. Web site: ROYAL DUT ADR'B' : ROYAL DUTCH SHELL PLC – CEO Peter Voser to retire in 2014. 2 May 2013 . 4 Traders. 2 May 2013.
  8. Web site: ABB names Peter Voser as interim CEO.
  9. Web site: Meet the board. .
  10. https://www.edb.gov.sg/en/about-edb/our-team/international-advisory-council.html International Advisory Council
  11. Web site: Forshaw. Stephen. Temasek Appoints Three More Board Members. Temasek Holdings. 25 April 2015.
  12. Web site: 29 March 2019. Peter Voser named as new chairman of PSA International. 12 September 2021. Seatrade Maritime. en.
  13. Web site: IBM Elects Two New Members to Its Board of Directors. marketwatch. 29 July 2014.
  14. Web site: News & Views.
  15. Web site: HM 65th Birthday Awards . 2023-08-26 . HM 65th Birthday Awards.
  16. Web site: National Honours Conferred on Two Senior Business Executives for Significant Contributions to Singapore.
  17. https://www.theguardian.com/business/2014/mar/13/shell-chief-peter-voser-pay-profit-warning-share-awards Former Shell chief paid £22m over two years despite profit warning
  18. http://www.shell.com/home/content/aboutshell/who_we_are/leadership/executive_committee/peter_voser/ Peter Voser biography at Shell.com
  19. International Students’ Committee, Changes in the Board of Trustees, retrieved 25 May 2012.