Peter Löscher

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Peter Löscher
Siemens AG

Löscher has been CEO of Siemens since May 2007. Born in Villach, Austria, in 1957, he studied economics and business at the Vienna University of Economics and at the Chinese University of Hong Kong. He also holds an MBA from the Vienna University of Economics and Business and an AMP from Harvard Business School. Before joining Siemens, he was mainly active in the pharmaceutical and health care sector, having served as CEO of Aventis Pharma Ltd, CEO of General Electric Healthcare and President of Global Human Health of Merck & Co.

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Siemens CEO Peter Löscher on his company’s special relationship with Russia

Peter Löscher, 53, has been CEO of Siemens since May 2007. Siemens, the largest industrial conglomerate in Europe with activities in the engineering, energy and health care sectors, is one of the international companies with the longest presence in Russia - being involved in the construction of the first telegraph line between Moscow and St Petersburg in 1851. Löscher oversaw a dramatic increase of Siemens’ activities in Russia: since 2009 and despite the financial crisis, the group’s investments in Russia have increased by approximately €500 million.

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