Age, Biography and Wiki

Peter Burt was born on 6 March, 1944, is a Scottish businessman. Discover Peter Burt's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 73 years old?

Popular As N/A
Occupation N/A
Age 73 years old
Zodiac Sign Pisces
Born 6 March 1944
Birthday 6 March
Birthplace N/A
Date of death 28 November, 2017
Died Place N/A
Nationality

We recommend you to check the complete list of Famous People born on 6 March. He is a member of famous businessman with the age 73 years old group.

Peter Burt Height, Weight & Measurements

At 73 years old, Peter Burt height not available right now. We will update Peter Burt's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
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Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Not Available
Wife Not Available
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Children Not Available

Peter Burt Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Peter Burt worth at the age of 73 years old? Peter Burt’s income source is mostly from being a successful businessman. He is from . We have estimated Peter Burt's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income businessman

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Timeline

1944

Sir Peter Alexander Burt FRSE (6 March 1944 – 28 November 2017) was a Scottish businessman, former chief executive and later governor of the Bank of Scotland.

Burt was born in 1944 in East Africa, and educated in Scotland.

He graduated from the University of St Andrews and the University of Pennsylvania's Wharton School and later worked in the computer industry in California and Scotland.

1975

Burt joined the Bank of Scotland in 1975, working in the international and oil and energy department.

1985

He rose to become head of the international division in 1985, treasurer and chief general manager in 1988 and eventually Chief Executive in 1996.

The main events of his stewardship were the failed takeover bid for the NatWest Bank and the merger with Halifax plc to form HBOS.

2001

Following the merger, he served as deputy chairman of HBOS and Governor of the Bank of Scotland, (a largely ceremonial role) from 2001 to 2003, and left the board afterwards.

2004

In 2004, he was appointed chairman of ITV plc.

2006

He also served as a non-executive director of Royal Dutch Shell until 2006, Chairman of Dyslexia Scotland and on the boards of a number of charities.

2008

By September 2008 HBOS was revealed to be in a poor financial condition and word broke of advanced merger talks with Lloyds TSB, the reports were later confirmed.

In light of this development, news surfaced on 8 November of a letter from Burt and his contemporary Sir George Mathewson to HBOS Chairman Lord Stevenson.

The letter recommended the immediate resignation of Lord Stevenson and HBOS Chief Executive Andy Hornby.

The letter explained that the roles of chairman and chief executive would be filled by Mathewson and Burt respectively and that HBOS would continue to trade as an independent bank majority owned by The Treasury.

However, the proposal was rejected by the bank in a swift response by Lord Stevenson and failed to win the endorsement of the UK Government The proposal was withdrawn on 20 November 2008.

2017

He died in 2017 and is buried in the northern extension to Whitekirk graveyard in East Lothian.