Age, Biography and Wiki

Ron Sommer was born on 29 July, 1949 in Israel, is an Austrian manager. Discover Ron Sommer'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 74 years old?

Popular As N/A
Occupation N/A
Age 74 years old
Zodiac Sign Leo
Born 29 July, 1949
Birthday 29 July
Birthplace N/A
Nationality Israel

We recommend you to check the complete list of Famous People born on 29 July. He is a member of famous manager with the age 74 years old group.

Ron Sommer Height, Weight & Measurements

At 74 years old, Ron Sommer height not available right now. We will update Ron Sommer'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
Eye Color Not Available
Hair Color Not Available

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
Sibling Not Available
Children Not Available

Ron Sommer Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Ron Sommer worth at the age of 74 years old? Ron Sommer’s income source is mostly from being a successful manager. He is from Israel. We have estimated Ron Sommer'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 manager

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Timeline

Ron Sommer is a manager and former CEO of Deutsche Telekom.

1943

His mother had fled Bessarabia (now Moldavia) in 1943 and his father had emigrated from Würzburg to Palestine in 1935.

1949

Sommer was born in 1949 in Haifa, Israel, the son of Jewish parents.

1971

After his parents separated, Sommer moved with his mother and her new partner to Vienna, where he adopted the name of his stepfather, studying mathematics at the University of Vienna and was awarded a doctorate at the age of 21 in 1971 with the title "Limit theorems on the entropy of number-theoretic transformations."

Sommer's PhD supervisor was.

1974

Sommer moved to New York at the age of 24 to work for Q1 Corp., a small computer company that was taken over in 1974 by the German Nixdorf Computer AG.

1977

After a brief stopover in Germany, he became head of the Nixdorf branch in Paris for two years in 1977, later heading overseas.

1980

In 1980 Sommer moved to the Japanese Sony Group, where ten years later he became the executive chair in the United States and in 1993 President and COO of Sony Europe.

1995

On May 16, 1995, Sommer became CEO of Deutsche Telekom.

2001

The German government, Deutsche Telekom's main shareholder, had pushed Sommer to resign after massive losses due to the stock market crisis from 2001 and Deutsche Telekom's high corporate debt levels.

After initial speculation, denied by Deutsche Telekom, that Sommer would receive compensation of 65 million euros, Sommer's severance pay was only 11.6 million euros.

2002

Initially successful, Sommer resigned on 16 July 2002 from his post on the grounds that the relationship of trust with the Supervisory Board was disrupted.

2003

Since May 2003, he has been Chairman of the International Advisory Council of the Russian Sistema Group.

As a consultant, Sommer is closely associated with the investment firm The Blackstone Group LP, which holds interests in Celanese and Deutsche Telekom.

2004

Since July 2004 Sommer has been a member of the board of directors of the US group Motorola.

2005

Sommer is Chairman of the International Advisory Council of the Russian Sistema Group, where he was elected to the Executive Board in June 2005.

2006

From May 2004 to December 31, 2006, he was a member of the supervisory board of the former German chemical company Celanese.

Since September 2006, Sommer has been a member of the board of directors of the Indian company Tata Consultancy Services.

2008

In May 2008, it became known that during Sommer's tenure as chief executive officer of Deutsche Telekom, staff and journalists were systematically spied on to uncover potential sources of leaked information within the company.

Sommer is a member of the Supervisory Board of Munich Re.