Peter Walters

{{Short description|British businessman (1931–2023)}}

{{for|the English footballer|Peter Walters (footballer)}}

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

{{Infobox person

| honorific_prefix = Sir

| birth_name = Peter Ingram Walters

| image = Sir Peter Ingram Walters.png

| birth_date = {{Birth date|df=y|1931|3|11}}{{cite book |title= Burke's Peerage, Baronetage & Knighthood|publisher=Burke's Peerage & Gentry |editor= Mosley, Charles |editor-link=Charles Mosley (genealogist) |edition=107 |year= 2003 |page= 4066 |ref=Burke |isbn=0-9711966-2-1}}

| birth_place = Birmingham, England

| death_date = {{Death date and age|df=y|2023|7|11|1931|3|11}}

| death_place =

| module = {{Infobox officeholder

|embed = yes

| office = 7th Chairman of British Petroleum

| term_start = 1981

| term_end = 1990

| predecessor = Sir David Steel

| successor = Sir Robert Horton

}}

| education = King Edward's School, Birmingham, University of Birmingham

}}

Sir Peter Ingram Walters (11 March 1931 – 11 July 2023) was a British businessman. He was the chief executive and chairman of British Petroleum. He was born in Birmingham, United Kingdom, in the family of a police inspector.{{Cite news |url= https://money.cnn.com/magazines/fortune/fortune_archive/1987/08/03/69382/ |title= The biggest bosses 7. Sir Peter Walters British Petroleum a policeman's son enjoys tough calls | newspaper= Fortune | first= Richard I. | last= Kirkland Jr. | date= 3 August 1987 |accessdate= 16 May 2013}}

In 1949, he left King Edward's School, Birmingham. He gained a bachelor of commerce degree from the University of Birmingham in 1952.

In 1954 he joined British Petroleum. From 1965 to 1967 Walters was vice president of BP North America Inc, and from 1971 to 1980 regional director for the Western Hemisphere, Australasia and the Far East. He became BP's deputy chairman in 1980.{{Cite news |url= https://www.latimes.com/archives/la-xpm-1989-09-08-fi-1806-story.html |title= British Petroleum Chairman Sir Peter Walters to Quit | newspaper= Los Angeles Times | date= 8 September 1989 |access-date= 16 May 2013}}

Walters was the chairman of BP from 1981 to 1990.{{Cite press release |url= http://www.prnewswire.co.uk/news-releases/tnk-international-appoints-sir-peter-walters-and-sir-william-purves-to-its-newly-created-advisory-board-155551905.html |title= TNK International appoints Sir Peter Walters and Sir William Purves to its newly-created Advisory Board| publisher= TNK International | date=13 June 2002 |accessdate= 5 June 2010}} He retired from BP in March 1990. In 1991–1994, he was chairman of Midland Bank. From 1994 to 2000, he was chairman of SmithKline Beecham. He was a deputy chairman of GlaxoSmithKline. Walters was deputy chairman of EMI in 1990–1999 and HSBC Holdings in 1992–2001. He was president of the General Council of British Shipping, the Society of Chemical Industry and the Institute for Employment Studies, and has served as a chairman of the governing body of the London Business School, president of the Institute of Directors, president of the Police Foundation, president of the Institute of Business Ethics and a trustee of the Institute of Economic Affairs.

Walters was knighted in 1984.{{cite web|url=http://www.oldeds.kes.org.uk/sir-peter-walters.html|title=Gift from Sir Peter Walters |accessdate=2013-05-16|publisher=King Edward's School|location= Birmingham}} He was awarded the Society of Chemical Industry's Centenal Medal, received honorary fellowships from the Royal Society of Chemistry and the Institution of Chemical Engineers, and the Cadman Medal from the Institute of Petroleum. He received honorary doctorates from Birmingham University and Stirling University, and an honorary fellowship from the London Business School.

Sir Peter Walters died on 11 July 2023, at the age of 92.{{Cite news|url=https://www.theguardian.com/business/2023/aug/04/sir-peter-walters-obituary|title=Sir Peter Walters obituary|first=Martin|last=Adeney|date=4 August 2023|newspaper=The Guardian}}

References