Early Life
Tor Peterson was born in the United States. He attended boarding school in Switzerland and later studied at Duke University, where he earned a bachelor's degree in political science and French in 1986.
Rise to Success
Peterson began his career at Phibro-Salomon, where he worked for six years in commodities marketing. In 1992, he joined Glencore, a Swiss commodities trading and mining company. He rose through the ranks and became the head of coal trading. Peterson played a crucial role in expanding Glencore's coal trading operations, contributing to the company's growth and profitability. He owns a minority stake in Glencore.
Key Business Strategies
Peterson's success at Glencore was marked by his strategic vision and expertise in commodities trading, risk management, and market dynamics. He oversaw the global marketing business and industrial assets of the coal department, including strategy and operations.
Philanthropy
Tor Peterson has been involved in charitable initiatives, including those focused on education, healthcare, and environmental conservation.