Werner Geissler is a German businessman with extensive experience in the United States, Japan, Europe and emerging markets. Werner was Vice Chairman, Global Operations at Procter & Gamble from August 2007 until his retirement on December 31st, 2014. He was also Group President, Central & Eastern Europe, Middle East and Africa from July 2004 to July 2007. 

 

Werner joined Procter & Gamble in 1979 and held positions of increasing responsibility in various brand and general management and operations roles across the globe. He also served on the Supervisory Board of the International Institute for Management Development in Lausanne, Switzerland from 2007 to 2017 and on the Management Board of GS 1 from 2008 to 2015.

 

Post-retirement, Werner has been an Operating Partner at the Private Equity Firm Advent International. He is also an active investor in several startups covering a broad range of industries. He sits on the Board of Directors of the Goodyear Tire and Rubber Company, Philip Morris International, and is a member of the World Business Council for Sustainable Development.

 

Here’s what Werner Geissler had to say on joining peaq:

 

‘’Over the past couple of years there has been a huge increase in discussions on 5G, the Internet of Things, Industry 4.0, the Economy of things, blockchain technology, AI, cyber-security, digital transformation and other similarly hot topics. It’s difficult for managers and Board Directors alike to see the forest from the trees and to figure out what the implications for enterprise will be. One thing is for sure, the Internet of Things - and emerging from it; the Economy of Things - will in one way or another affect every company and every facet of life.

 

To cope with that requires two fundamental things. First, a basic understanding of what is or will become relevant for any organization to survive and perform better in this rapidly changing environment. Second and equally important; trust that the technological solution provider one partners with is at the cutting edge of technological developments and a neutral “broker” who takes care of the legitimate financial and service interests of every party involved.

 

Peaq is such a solution provider. Its proprietary, cutting edge technology combines the security and neutrality of blockchain technology with AI-based algorithms to allow for rapid and efficient synchronization of data and servers across a universe of connected “things”, such as electric vehicles and charging stations. I am not a technology expert but I find the solutions that peaq provides fascinatingly simple and intuitively I sense that peaq will be a key global player in building the infrastructure required for the interoperability and monetization of these connected things.

 

Peaq is led by a great team of entrepreneurially minded and technologically sophisticated engineers who guarantee that peaq will remain at the forefront of relevant technology development whilst ensuring that the application of peaq’s technology creates significant value for its investors and clients. I am thrilled to be associated with this high potential start up.’’

 

We’ve already worked with Werner for several weeks following his investment in peaq in mid-2020. His ideas and input has been incredibly insightful, especially where customer oriented approaches, concepts and decisions are concerned. We look forward to working even more closely with Werner in 2021 as we roll-out further blockchain solutions for enterprise and continue to position peaq as industry leader following our three year stint in stealth mode.

 

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