Warburg Pincus has announced the appointment of Peter Herweck as Executive-in-Residence to work with its European Technology group. In this new role, Herweck will help the firm identify and assess investment opportunities in the software and technology sectors. He will also contribute to value creation efforts across Warburg Pincus’s existing portfolio.
Herweck brings more than 30 years of experience in industrial automation, industrial software, and energy systems. He was most recently CEO of Schneider Electric and previously served as Chairman and CEO of AVEVA. Earlier in his career, he held several senior executive positions at Siemens, including Chief Strategy Officer.
“I am delighted to be joining Warburg Pincus to support the firm’s continued investment efforts in transformative technology businesses,” said Peter Herweck. “Throughout my career, I have been focused on how innovation drives efficiency, safety, and sustainability.”
Carl von Baumbach, Principal at Warburg Pincus, commented: “We are truly excited to partner with Peter. His strategic insight, deep domain knowledge and experience in scaling global technology platforms will be immensely valuable as we continue to invest behind secular technology trends and support our portfolio companies in unlocking their full potential.”
Herweck is currently a Non-Executive Director on Teradyne’s board. He holds an MBA from Wake Forest University, completed the Advanced Management Program at Harvard Business School, and has engineering degrees from Université de Metz in France and HTW Saar in Germany.