Peter Voser

{{Short description|Swiss businessman}}

{{Use dmy dates|date=May 2022}}

{{Infobox person

| honorific_prefix = Dato Seri Laila Jasa

| name = Peter Voser

| honorific_suffix = DSLJ

| image = Peter Voser.jpg

| caption = Peter Voser in 2009

| birth_name = Peter Robert Voser

| birth_date = {{birth date and age|1958|08|29|df=yes}}

| birth_place = Baden, Switzerland

| death_date =

| death_place =

| death_cause =

| education =

| alma_mater = Zurich University of Applied Sciences

| occupation = Businessman

| years_active = –present

| title = Chairman of ABB

| boards = IBM Corporation / Temasek Holdings / PSA International

| spouse = Daniela Voser

| children = 3

}}

Peter Robert Voser (born 29 August 1958)[https://web.archive.org/web/20121219015153/http://www.forbes.com/profile/peter-r-voser/ Forbes.com] 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.{{cite web |url=https://global.abb/group/en/about/corporate-governance/board-of-directors/peter-voser |title = Peter R. Voser, Chairman of the Board of Directors of ABB Ltd}} 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.[https://www.munzinger.de/search/go/document.jsp?id=00000027822 Munzinger.de] From 1979 to 1982 he studied for a Business Administration degree from Zurich University of Applied Sciences, Switzerland.{{cite web|url=http://investing.businessweek.com/research/stocks/people/person.asp?personId=1793836&ticker=RDSA:LN|title=Peter R. Voser: Executive profile and biography|publisher=Bloomberg BusinessWeek|access-date=4 December 2012|archive-url=https://web.archive.org/web/20130609210616/http://investing.businessweek.com/research/stocks/people/person.asp?personId=1793836&ticker=RDSA:LN|archive-date=9 June 2013|url-status=dead}}

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.{{Cite web|url=http://www.temasek.com.sg/mediacentre/newsreleases?detailid=20751|title = News & Views}}

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.{{cite web |title=Royal Dutch Shell in board reshuffle, names Simon Henry new CFO |date= 12 March 2009 |url= https://www.proactiveinvestors.co.uk/companies/news/3340/royal-dutch-shell-in-board-reshuffle-names-simon-henry-new-cfo-4752.html |access-date=27 May 2022 |publisher=Proactiveinvestors (UK)}} On 2 May 2013, it was announced that Voser would retire from Shell in the first half of 2014.{{cite web|title=ROYAL DUT ADR'B' : ROYAL DUTCH SHELL PLC – CEO Peter Voser to retire in 2014|date=2 May 2013 |url=http://www.4-traders.com/ROYAL-DUT-ADR-B-14213/news/ROYAL-DUT-ADR-B-ROYAL-DUTCH-SHELL-PLC-CEO-Peter-Voser-to-retire-in-2014-16805204/|publisher=4 Traders|access-date=2 May 2013}} On 17 April 2019, Voser was named interim Chief Executive Officer of ABB. {{cite web |url=https://new.abb.com/news/detail/19429/abb-names-peter-voser-as-interim-ceo-ulrich-spiesshofer-steps-down/ |title = ABB names Peter Voser as interim CEO}}

and also Board Director in IBM since 2015.{{Cite web|url=https://www.ibm.com/investor/governance/board-of-directors.html|title=Meet the board|website=IBM }}

Other activities

=Government agencies=

=Corporate boards=

  • Temasek Holdings, Singapore Member of the Board of Directors (since 2015){{cite web|last1=Forshaw|first1=Stephen|title=Temasek Appoints Three More Board Members|url=http://www.temasek.com.sg/mediacentre/newsreleases?detailid=20751|website=Temasek Holdings|access-date=25 April 2015}}
  • PSA International, Singapore, Chairman (since 2019){{Cite web|date=29 March 2019|title=Peter Voser named as new chairman of PSA International|url=https://www.seatrade-maritime.com/americas/peter-voser-named-new-chairman-psa-international|access-date=12 September 2021|website=Seatrade Maritime|language=en}}
  • ABB, Sweden, Chairman of the Board of Directors (since 2015)
  • IBM, USA, Member of the Board of Directors (since 2014){{cite web|url=http://www.marketwatch.com/story/ibm-elects-two-new-members-to-its-board-of-directors-2014-07-29|title=IBM Elects Two New Members to Its Board of Directors|publisher=marketwatch|access-date=29 July 2014}}

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.{{Cite web|url=http://www.temasek.com.sg/mediacentre/newsreleases?detailid=20751|title = News & Views}}{{Cite web |title=HM 65th Birthday Awards |url=http://bruneiresources.blogspot.com/2011/07/hm-65th-birthday-awards.html |access-date=2023-08-26 |website=HM 65th Birthday Awards}} In April 2022 Peter Voser was conferred the Honorary Citizen Award by the Singapore Government.{{Cite web|url=https://www.edb.gov.sg/en/about-edb/media-releases-publications/national-honours-conferred-on-two-senior-business-executives-for-significant-contributions-to-singapore.html|title = National Honours Conferred on Two Senior Business Executives for Significant Contributions to Singapore}}

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.[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] Annual report reveals how Peter Voser made enormous gains through share awards and other performance-related bonuses, The Guardian 13 March 2014

Personal life

Voser is married to Daniela and has three children.[http://www.shell.com/home/content/aboutshell/who_we_are/leadership/executive_committee/peter_voser/ Peter Voser biography at Shell.com] {{webarchive|url=https://web.archive.org/web/20100730075214/http://www.shell.com/home/content/aboutshell/who_we_are/leadership/executive_committee/peter_voser/ |date=30 July 2010 }} Since September 2013 he has been serving in the position of the chairman of the St. Gallen Foundation for International Studies, replacing Josef Ackermann.International Students’ Committee, [http://stgallen-symposium.org/News.aspx?sc_itemid={05EAEB23-AB05-4E75-A6E7-6B6D91517D81} Changes in the Board of Trustees]{{dead link|date=March 2018 |bot=InternetArchiveBot |fix-attempted=yes }}, retrieved 25 May 2012.

References

{{Reflist}}

  • [https://web.archive.org/web/20080310204621/http://www.ert.be/members_a_to_z.aspx European Round Table of Industrialists – Members]
  • [https://web.archive.org/web/20090318074501/http://catalyst.org/page/89/catalyst-boards Catalyst: Boards]
  • [https://web.archive.org/web/20110726060853/http://www.roche.com/media/media_releases/med-cor-2010-12-13.htm Roche announces change in Board of Directors]
  • [http://www.roche.com/about_roche/management/board_of_directors/board_of_directors-voser.htm Peter Voser entry on Roche Board of Directors]