Mentor

Peter Löscher

Mentor

Peter
Löscher

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Overview

Peter Löscher was CEO of Siemens AG, the first externally appointed CEO in the group’s 170 year history. During his tenure, Siemens spun off Osram, divested its mobile network division, and implemented a €6bn cost savings plan - all while navigating major technology shifts and preparing the company for future positioning.

Today, Peter is Chair of the Supervisory Board of Telefónica Deutschland and is Lead Independent Director at Telefónica S.A. He is Independent Deputy Chair of Caixabank SA, and an Independent Director at Philips NV, TBG Limited, and Thyssen-Bornemisza Group. He also has advisory roles at Salesforce (EMEA Advisory Board), Bain Capital Private Equity, Neural Propulsion Systems Inc, and Doha Ventures. He is the Founding Partner of Medical Technology Venture Partners.

Previously, he was Chair of Sulzer AG and OMV AG, an Independent Director at Deutsche Bank AG, Munich Re, and Nokia Solutions and Networks BV.

In his executive career prior to leading Siemens, Peter was CEO of Renova Management AG, President of Global Human Health and a member of the Executive Board of Merck & Co. Inc., CEO of GE Healthcare Bio-Sciences and member of GE’s Corporate Executive Council, and COO and member of the Board of Amersham plc. He has also held senior-leadership positions in Aventis and Hoechst.

He brings deep cross-sector expertise in:

• Industrial & technology governance – leading supervisory boards in diversified engineering and telecom platforms

• Strategic transformation & M&A – executing spin offs and cost reduction programmes at scale during periods of disruption

• Healthcare & life sciences leadership – steering global pharma and diagnostics businesses through innovation cycles

• Board-level capital and stakeholder stewardship – chairing governance in public multi-national firms and private investment partnerships

Educated at the Vienna University of Economics with executive training at Harvard Business School’s AMP, Peter is multilingual and internationally steeped. Recognised as a bridge-builder and turnaround specialist, he offers invaluable mentoring to leaders grappling with board complexity, industry convergence, and sustainable governance in global contexts.

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Major Career Roles

Telefónica Deutschland Holding AG

Supervisory Board Chair

Telefónica SA

Board member

Royal Philips

Board member

Thyssen-Bornemisza Group AG

Board member

Doha Venture Capital LLC

Board member

Caixabank SA

Board member

Siemens

President/CEO

Other Career Highlights

Renova Management AG

CEO

OMV AG

Chair

Global Human Health

President

Merck & Co.

Executive Board

GE Healthcare Bio-Sciences

CEO and Corporate Executive Council (CEC) member

Amersham plc

COO and Board member

Sulzer AG (Switzerland)

Chair

Smiths Group plc

Independent Non-Executive Director

Deutsche Bank

Supervisory Board member

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The Original Mentor

Mentoring has its roots in one of the oldest leadership stories. In Homer’s Odyssey, Mentor was entrusted with guiding the young Telemachus while Odysseus was away — not by directing him, but by offering judgement, perspective and wisdom born of experience. This enduring idea of counsel, grounded in trust rather than instruction, remains the essence of mentoring today.

That same tradition sits at the heart of Global Mentors Group today. 

We exist to provide leaders with access to seasoned peers who have walked the path before them, offering the clarity, judgement and discretion required to lead at the highest level.

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