Peter G. Peterson

For other people named Peter Peterson, see Peter Peterson (disambiguation).
Peter G. Peterson
Chairman of the Council on Foreign Relations
In office
September 1, 1985 – June 30, 2007
Preceded byDavid Rockefeller
Succeeded byCarla Hills
Robert Rubin
20th United States Secretary of Commerce
In office
February 29, 1972 – February 1, 1973
PresidentRichard Nixon
Preceded byMaurice Stans
Succeeded byFrederick B. Dent
Personal details
Born
Peter Petropoulos[1]

(1926-06-05)June 5, 1926
Kearney, Nebraska, U.S.
DiedMarch 20, 2018(2018-03-20) (aged 91)
New York City, U.S.
Political partyRepublican
Spouses
Kris Krengel
​
​
(m. 1948; div. 1950)​
Sally Hornbogen
​
​
(m. 1953; div. 1979)​
​
(m. 1980)​
Children5, including Holly
EducationNorthwestern University (BA)
University of Chicago (MBA)

Peter George Peterson (June 5, 1926 – March 20, 2018) was an American investment banker who served as United States Secretary of Commerce from February 29, 1972, to February 1, 1973, under the Richard Nixon administration.[1][2][3] Peterson was also chairman and CEO of Bell & Howell from 1963 to 1971.[4] From 1973 to 1984, he was chairman and CEO of Lehman Brothers.[4] In 1985, he co-founded the private equity firm The Blackstone Group, and served as chairman.[5] In the same year, Peterson became chairman of the Council on Foreign Relations, a position he held until his retirement in 2007, after which he was named chairman emeritus.[4] In 2008, Peterson was ranked 149th on the "Forbes 400 Richest Americans" with a net worth of $2.8 billion.[4][5] He was also known as founder and principal funder of The Peter G. Peterson Foundation, which is dedicated to promoting fiscal austerity.[6]

  1. ^ a b Stout, David (March 20, 2018). "Peter G. Peterson, financier who warned of rising national debt, dies at 91". Washington Post.
  2. ^ "Peter G. Peterson, a Power From Wall St. to Washington, Dies at 91". The New York Times. March 20, 2018. Retrieved March 20, 2018.
  3. ^ Cite error: The named reference TNH was invoked but never defined (see the help page).
  4. ^ a b c d Cite error: The named reference WSJ was invoked but never defined (see the help page).
  5. ^ a b Cite error: The named reference Blom was invoked but never defined (see the help page).
  6. ^ "Resource Library Search". www.pgpf.org.