Former
President and
CEO
of Porsche AG
Peter W. Schutz was born in Berlin, Germany on April 20, 1930. After leaving
Germany in March of 1939, his family settled in Chicago, Illinois where
Peter grew up and received his formal education. Peter received his BS
degree in Mechanical Engineering from the Illinois Institute of Technology.
From 1947 to 1950, Peter W. Schutz served in the U.S. Marine Corps Reserve
and was on active military service with the U.S. Army from 1954 to 1966.
Peter W. Schutz was president and CEO of Porsche AG, the automobile company
in Stuttgart, West Germany, from January 1981 until January 1988. Porsche
was in the midst of its first money-losing year in 1980. During the Schutz
tenure, Porsche worldwide sales grew from 28,000 units in 1980/81 to a
peak of 53,000 units in 1986. Revenues went from DM 850 million to DM 3.7
billion, with profits after tax growing from DM 12 million to over DM 125
million.
Prior to his tenure at Porsche AG, Mr. Schutz served 15 years in various
engineering positions at Caterpillar Tractor Co. in Peoria, Illinois. Peter
is an experienced pilot and ran a flying school for Bradley University
during his years at Caterpillar. Subsequently, he spent 11 years at Cummins
Engine Company Inc. in Columbus, Indiana; three years in corporate strategic
planning, and eight years as vice-president responsible for sales and service
of Truck Engines in the United States and Canada, about $850 million in
revenues. In 1978, Mr. Schutz moved to Cologne, West Germany were he assumed
responsibility for the world-wide Diesel Engine and Gas Turbine business
of Klockner Humboldt Deutz, with revenues that grew to exceed DM 1 Billion
per year.
Peter W. Schutz received the "Outstanding Achievement Award" from his Alma
Mater, the Illinois Institute of Technology in 1983, and was honored with
the "Henry Heald Award" in 1987. This award is given to honor those who
have exemplified exceptional ethics and business practices in their field.
Other recipients of this award include: Edward Teller, Jonas Salk, Bill
Hewlitt, Buckminster Fuller and Ted Turner.
Today, Peter Schutz and Sheila Harris operate their own company, "Harris
& Schutz Inc" to facilitate the exchange of knowledge between Peter
and business people all over the world. Peter's background in engineering--coupled
with his experience in marketing and management--gives him a unique perspective
on business today.
In this context, Peter lectures on many aspects of business, management,
and marketing techniques in the USA as well as overseas. He is fluent in
both English and German, and has spoken extensively in both languages.
These appearances include numerous association conferences and conventions,
as well as over 600 TEC (The Executive Committee, a world-wide organization
of CEOs; named "TEC resource of the year" in 1995) sessions as well as
major Universities world-wide. He has also lectured to Corporate and Strategic
planning conferences as well as seminars, sales meetings. Peter is on several
corporate boards and does consulting for a number of corporations.
Peter presents Keynotes, half-day and all day seminars, as well as presentations
to conventions and conferences for a variety of industries and associations.
Peter has given over 400 presentations world-wide to The Executive Committee
alone. TEC is a world-wide network of CEOs, many of whom have built their
own businesses. He also speaks frequently to several universities, business
schools and corporations large and small worldwide.
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