Difference between revisions of "Rudolph Peterson"

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{{person
 
{{person
 
|wikipedia=https://en.wikipedia.org/wiki/Rudolph_A._Peterson
 
|wikipedia=https://en.wikipedia.org/wiki/Rudolph_A._Peterson
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|description=US banker who attended [[Bilderberg/1966]] as CEO of [[Bank of America]]. [[Administrator of the United Nations Development Programme]] in the 1970s
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|nationality=US
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|image=Rudolph Peterson.png
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|image_caption=Peterson was promoted on the front page of ''[[Time Magazine]]'' six months after he attended Bilderberg
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|alma_mater=Berkeley
 
|birth_date=6 December 1904
 
|birth_date=6 December 1904
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|birth_place=Sweden
 
|death_date=2 December 2003
 
|death_date=2 December 2003
 
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|employment={{job
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|title=Administrator of the United Nations Development Programme
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|start=1972
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|title=President and chief executive
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|start=1963
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|end=1969
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|employer=Bank of America
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|description=Attended [[Bilderberg/1966]]
 
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}}'''Rudolph Arvid Peterson''' was an American banker who was President and CEO of [[Bank of America]] and Administrator of the [[United Nations Development Programme]].<ref>[http://www.haas.berkeley.edu/groups/web_team/chrwong/winter2004_old/campus9.html''Finance Pioneer Peterson Passes Away'' (Haas School of Business, University of California, Berkeley)]</ref><ref>https://agbecker.us/biography/rudolph-a-peterson/</ref>
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He attended the [[1966 Bilderberg meeting]]. Peterson was promoted on the front page of ''[[Time Magazine]]'' In December 1966, six months after the meeting.
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==Background==
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Peterson was born into a family of six children in  [[Svenljunga]], [[Västra Götaland]], [[Sweden]]. He was adopted by his maternal uncle and aunt who emigrated in September 1905. At first they lived in [[Youngstown, Ohio]], [[United States]].  In 1907 they joined a trainload of young Swedish families set out for California. They settled down in Los Angeles. In 1913 the family moved to [[Hilmar, California|Hilmar]] in [[Merced County]], [[California]], a Swedish immigrant farming colony outside [[Turlock, California]]. He graduated from the [[Hilmar High School]] and the [[University of California, Berkeley]], (B.S. 1925).<ref name=History>http://www.turlockjournal.com/archives/11820/</ref><ref>[https://articles.latimes.com/2003/dec/16/local/me-peterson16 ''Rudolph A. Peterson, 98; Extended Global Reach of Bank of America'' (Los Angeles Times. December 16, 2003)]</ref>
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==Career==
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During his career, he worked at [[Control Data Corporation|Commercial Credit Corporation]], the [[Transamerica Corporation]] and the [[Bank of Hawaii]]. He joined Bank of America in 1936 and spent two decades in California before leaving for six years with the Bank of Hawaii. He was president of the Bank of Hawaii when he returned to Bank of America in 1961 as vice chairman. Bank of America named him president and chief executive in 1963. He retired at the end of 1969 and was succeeded by [[Alden W. Clausen]]. In 1972, Peterson became the second Administrator of the [[United Nations Development Programme]], managing that body's economic assistance activities throughout the world.<ref>[https://web.archive.org/web/20080308002402/http://www.time.com/time/magazine/article/0,9171,873792,00.html ''Rudolph A. Peterson, 58, elected this week to the presidency of the Bank of America'' (Time Magazine Friday, Oct. 18, 1963)]</ref><ref>[https://www.nytimes.com/2003/12/11/business/rudolph-peterson-98-chief-of-bank-of-america-in-1960-s.html  ''Rudolph Peterson, 98, Chief of Bank of America in 1960's'' (The New York Times. December 11, 2003)]</ref>
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Rudolph A. Peterson was the University of California, Berkeley 1967 Alumnus of the Year and received the Chancellor's Award in 1991. In 1965,  Peterson was selected to be [[Swedish-American]] of the Year by the Swedish Council of America. He later served as chairman of Board of Directors of the council from 1989 to 1991.<ref>http://responsiblebusiness.haas.berkeley.edu/events/petersonlectureseries.html</ref><ref>https://web.archive.org/web/20150924112307/http://www.swedishcouncil.org/swedish-american-of-the-year/1960-1979/</ref>
 
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==References==
 
==References==
 
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Latest revision as of 20:58, 12 January 2024

Person.png Rudolph Peterson  Rdf-entity.pngRdf-icon.png
(financier)
Rudolph Peterson.png
Peterson was promoted on the front page of Time Magazine six months after he attended Bilderberg
Born6 December 1904
Sweden
Died2 December 2003 (Age 98)
NationalityUS
Alma materBerkeley

Rudolph Arvid Peterson was an American banker who was President and CEO of Bank of America and Administrator of the United Nations Development Programme.[1][2]

He attended the 1966 Bilderberg meeting. Peterson was promoted on the front page of Time Magazine In December 1966, six months after the meeting.

Background

Peterson was born into a family of six children in Svenljunga, Västra Götaland, Sweden. He was adopted by his maternal uncle and aunt who emigrated in September 1905. At first they lived in Youngstown, Ohio, United States. In 1907 they joined a trainload of young Swedish families set out for California. They settled down in Los Angeles. In 1913 the family moved to Hilmar in Merced County, California, a Swedish immigrant farming colony outside Turlock, California. He graduated from the Hilmar High School and the University of California, Berkeley, (B.S. 1925).[3][4]

Career

During his career, he worked at Commercial Credit Corporation, the Transamerica Corporation and the Bank of Hawaii. He joined Bank of America in 1936 and spent two decades in California before leaving for six years with the Bank of Hawaii. He was president of the Bank of Hawaii when he returned to Bank of America in 1961 as vice chairman. Bank of America named him president and chief executive in 1963. He retired at the end of 1969 and was succeeded by Alden W. Clausen. In 1972, Peterson became the second Administrator of the United Nations Development Programme, managing that body's economic assistance activities throughout the world.[5][6]

Rudolph A. Peterson was the University of California, Berkeley 1967 Alumnus of the Year and received the Chancellor's Award in 1991. In 1965, Peterson was selected to be Swedish-American of the Year by the Swedish Council of America. He later served as chairman of Board of Directors of the council from 1989 to 1991.[7][8]

 

Event Participated in

EventStartEndLocation(s)Description
Bilderberg/196625 March 196627 March 1966Germany
Wiesbaden
Hotel Nassauer Hof
Top of the agenda of the 15th Bilderberg in Wiesbaden, Germany, was the restructuring of NATO. Since this discussion was held, all permanent holders of the position of NATO Secretary General have attended at least one Bilderberg conference prior to their appointment.
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References

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