Peter Y. Solmssen

Peter Y. Solmssen
Peter Solmssen at Bucerius Law School, 2013
Born
Peter Y. Solmssen

(1955-01-22) January 22, 1955
Philadelphia, Pennsylvania, US
EducationHarvard University
University of Pennsylvania
Occupationslawyer, business executive
Known forHaving negotiated simultaneous settlements of the Siemens corruption prosecutions and for leading a global campaign against bribery.
SpouseSarah Elizabeth McCarty (married 1981)
ChildrenThree
Parent(s)Arthur R.G. Solmssen
Marsha Moffat York Solmssen
AwardsKnox Fellowship

Peter Y. Solmssen (born in 1955 in Philadelphia, PA) is an American lawyer and business executive who served as general counsel of Siemens AG, the German engineering company, until November 2013. Solmssen was the first American member of its managing board (Vorstand), and was also responsible for the company's operations in North and South America. Solmssen is best known for having negotiated the first internationally coordinated settlement of multiple foreign bribery prosecutions and for leading a global campaign against bribery. That work began during his tenure at Siemens and continues. He co-authored a Report to the Secretary General of the OECD entitled On Combating Corruption and Fostering Integrity (March 2017), and together with Tina Soreide, founded and led a network of lawyers, academics, NGOs and former and serving prosecutors called the Recommendation 6 Network. The Network’s mission was completed when the OECD published its Recommendation of the Council for Further Combating Bribery of Foreign Public Officials in International Business Transactions, which implemented virtually all of the provisions suggested by the Network.  He serves as Chairman of the Non-trial Resolutions Subcommittee of the International Bar Association.