Peter Grauer Biography
Peter Grauer is an American businessman who joined the Bloomberg L.P. board in October 1996 and served as chairman from 2001 to 2023. In March 2002, Grauer began working full-time for Bloomberg as an executive. Prior to joining Bloomberg L.P. in 1996, Grauer founded DLJ Merchant Banking Partners and Investment. He is DaVita Inc’s main independent director.
How old is Peter Grauer? – Age
He is 78 years old as of October 2023. He was born in 1945 in Philadelphia, Pennsylvania, United States.
Peter Grauer Family – Education
Grauer was born to Frederick M. Grauer and Frances Grauer (née Thacher; died 2006). His father, Frederick, was a retiree who had formerly worked as the vice president of Provident National Bank in Philadelphia. Frank W. Thacher, Peter’s maternal grandfather, was president of the Florence Thread Company in Riverside, New Jersey.
In 1968, he earned a BA in English from the University of North Carolina in Chapel Hill, and in 1975, he completed the Harvard Business School Program for Management Development. He joined Delta Kappa Epsilon (Beta Chapter) at UNC. Peter graduated from Hotchkiss School before attending Chapel Hill.
Peter Grauer Net Worth
He has an estimated net worth of $10.8 Million.
Peter Grauer Bloomberg
Grauer met Michael Bloomberg, the founder of Bloomberg L.P., at equestrian exhibitions where both of their daughters competed. Grauer was not requested to join the Bloomberg L.P. board of directors until 1996, and he was later named chairman of the board in March 2001, succeeding Michael Bloomberg.
Despite the economic collapse in 2007, Grauer has been credited with increasing the workforce at Bloomberg L.P., which added roughly 1,000 employees in 2009. Furthermore, as chairman of Bloomberg L.P., Grauer supervised the company’s acquisition of Bloomberg BusinessWeek from McGraw-Hill, stating that he wants Bloomberg to be “the most influential source of news for the financial and business community.”
In July 2011, Daniel L. Doctoroff was appointed to CEO of Bloomberg L.P., taking over majority control of the firm from Grauer, who remained chairman and to whom Doctoroff continued to report. Following Doctoroff’s resignation from the corporation in September 2014, Mike Bloomberg assumed overall control of Bloomberg L.P., with assistance from Grauer and Tom Secunda. Grauer placed in the top ten of the 2019 HERoes Advocate Executives List.
Peter Grauer Career
As of now, Peter is director of the leading body of Bloomberg L.P. Before his time at Bloomberg L.P., Grauer was the overseeing chief and senior accomplice of the venture bank Donaldson Lufkin and Jenrette from September 1992 to November 2000, when DLJ was obtained by Credit Suisse First Boston. He was likewise the pioneer behind DLJ Shipper Banking Accomplices and DLJ Venture Accomplices. Grauer fills in as a chief or legal administrator on a scope of expert and magnanimous sheets. He has served on the sheets of in excess of 25 public and privately owned businesses. He has been an overseer of DaVita Inc. beginning around 1994 and the lead autonomous chief beginning around 2003.
Grauer is an individual from the leading group of the Prostate Malignant growth Establishment. He additionally fills in as leader of the leading group of legal administrators of the Ghetto Grant Asset in New York City. In June 2013, Grauer was named a Free Non-Leader Head of Glencore plc, later ascending to Senior Autonomous Non Chief in May 2014. He resigned from the board in 2018.
In 2014, Grauer turned into the establishing director of the American section of the 30% Club, a global association pointed toward expanding ladies’ portrayal on corporate sheets.
Already, Grauer served on the worldwide warning leading group of Out Initiative, which accomplices with senior chiefs to progress LGBT correspondence. Extraordinary and the Monetary Times named Grauer #4 in their 2015 rundown of Driving LGBT and Partner Leaders, refering to his dynamic obligation to LGBT work environment consideration in Bloomberg LP’s worldwide workplaces.
Grauer sits on the sheets of a few unmistakable instructive establishments. He fills in as the Establishing Board Seat of School Prompting Corps, a public not-for-profit association that supports low-pay, original understudies on the way to school. He is likewise an individual from both the leading body of legal administrators of Rockefeller College, a worldwide community for logical exploration and schooling, and the Emeritus Leading body of proficiency and instruction charitable Space to Peruse. Grauer presently fills in as the director emeritus of NYC Carnival, an honor winning New York bazaar performing organization and local area outreach association.
Grauer is a previous individual from the leading group of legal administrators of the College of North Carolina at Church Slope and executive of the outer warning leading body of the Undergrad Respects Program, as well as an individual from the College of North Carolina at House of prayer Slope Establishment Board and the UNC Worldwide Exploration Foundation Board. Also, Grauer is the previous leader of the Pomfret Educational committee of legal administrators. In 2015, Grauer casted a ballot against changing the name of Saunders Lobby at the College of North Carolina at Sanctuary Slope when a protest was raised concerning William Saunders’ conspicuous Ku Klux Klan movement.
Grauer additionally fills in as a guide to various worldwide business organizations. Grauer sits on the warning leading body of McKinsey and Company, a worldwide administration counseling firm. He is an individual from the worldwide warning leading group of BritishAmerican Business, an overseas business network interfacing pioneers in New York and London. In June 2016, worldwide venture company Blackstone Gathering designated Grauer to its top managerial staff. Grauer left Blackstone board in February 2018 in view of the appearance and capability of a contention presented by Blackstone’s $17.3bn bargain for the monetary terminals and information unit of Bloomberg rival Thomson Reuters.