Rudolph Peterson

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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
Member ofBohemian Grove, California Club, Links Club, Pacific-Union Club

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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