Peter Herweck Appointed Executive-in-Residence at Warburg Pincus to Boost European Technology Initiatives
Warburg Pincus, a leader in global growth equity investments, has announced the appointment of Peter Herweck as its new Executive-in-Residence within the European Technology Group. This strategic decision is expected to leverage Herweck's substantial expertise in industrial automation, industrial software, and energy systems, gained over more than three decades of working in high-profile leadership roles in the technology sector.
Prior to his new role, Herweck served as CEO of Schneider Electric, where he played a pivotal role in driving innovation and operational excellence within the company. His extensive career also includes notable leadership positions at AVEVA, where he worked as Chairman and CEO, and at Siemens, where he was the Chief Strategy Officer, providing him with a solid foundation in strategy and business development.
Commenting on his appointment, Herweck expressed his enthusiasm for joining Warburg Pincus. He stated, "I am thrilled to join Warburg Pincus and assist the firm as it continues to make significant investments in transformative technology companies. Throughout my career, I have focused on how innovation fosters efficiency, safety, and sustainability, and I look forward to applying this philosophy in my new role."
Herweck's role will involve identifying and evaluating new investment opportunities in the software and technology sectors, along with actively contributing to value creation within Warburg Pincus’s existing portfolio. This hands-on approach speaks to the firm's commitment to not only investing but also nurturing the companies it supports for long-term success.
Carl von Baumbach, Principal at Warburg Pincus, highlighted the value Herweck brings to the team: "We are very excited to collaborate with Peter. His strategic insights, deep industry knowledge, and experience in scaling global technology platforms will be invaluable as we continue to invest in long-term technology trends and help our portfolio companies achieve their full potential."
Herweck is currently a non-executive director on the board of Teradyne (TER). His educational background includes an MBA from Wake Forest University, completion of the Advanced Management Program at Harvard Business School, and engineering degrees from Université de Metz in France and HTW Saar in Germany.
With assets exceeding $86 billion under management and an active portfolio comprising over 220 companies across various sectors and stages of development, Warburg Pincus remains a pivotal force in the private equity landscape. Since its inception in 1966, the firm has established a diverse global footprint with offices in major cities around the world, including New York, London, Hong Kong, and Mumbai, positioning itself for ongoing growth and innovation in the sectors it invests in.
For further details about Warburg Pincus and its investment strategies, visit their official website or engage with them on LinkedIn.
Prior to his new role, Herweck served as CEO of Schneider Electric, where he played a pivotal role in driving innovation and operational excellence within the company. His extensive career also includes notable leadership positions at AVEVA, where he worked as Chairman and CEO, and at Siemens, where he was the Chief Strategy Officer, providing him with a solid foundation in strategy and business development.
Commenting on his appointment, Herweck expressed his enthusiasm for joining Warburg Pincus. He stated, "I am thrilled to join Warburg Pincus and assist the firm as it continues to make significant investments in transformative technology companies. Throughout my career, I have focused on how innovation fosters efficiency, safety, and sustainability, and I look forward to applying this philosophy in my new role."
Herweck's role will involve identifying and evaluating new investment opportunities in the software and technology sectors, along with actively contributing to value creation within Warburg Pincus’s existing portfolio. This hands-on approach speaks to the firm's commitment to not only investing but also nurturing the companies it supports for long-term success.
Carl von Baumbach, Principal at Warburg Pincus, highlighted the value Herweck brings to the team: "We are very excited to collaborate with Peter. His strategic insights, deep industry knowledge, and experience in scaling global technology platforms will be invaluable as we continue to invest in long-term technology trends and help our portfolio companies achieve their full potential."
Herweck is currently a non-executive director on the board of Teradyne (TER). His educational background includes an MBA from Wake Forest University, completion of the Advanced Management Program at Harvard Business School, and engineering degrees from Université de Metz in France and HTW Saar in Germany.
With assets exceeding $86 billion under management and an active portfolio comprising over 220 companies across various sectors and stages of development, Warburg Pincus remains a pivotal force in the private equity landscape. Since its inception in 1966, the firm has established a diverse global footprint with offices in major cities around the world, including New York, London, Hong Kong, and Mumbai, positioning itself for ongoing growth and innovation in the sectors it invests in.
For further details about Warburg Pincus and its investment strategies, visit their official website or engage with them on LinkedIn.
Topics Business Technology）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.