Peter A. Georgescu

Peter A. Georgescu is a Romanian-born American business executive, author, onetime political prisoner and the Chairman Emeritus of Young & Rubicam.
He emigrated to the United States in 1954 after a long and arduous series of events; wherein, he along with his brother and grandfather were jailed by the regime, his exiled father, Valeriu C. Georgescu the former manager of the Romanian under Standard Oil of New Jersey, was asked to spy for the Soviet Union and was in turn asked by the FBI to turn double agent and was finally traded along with his brother for unnamed Soviet spies after his father having gone to the press at the advice of the U.S. Government obtained the intervention of Congresswoman Frances Payne Bolton of Ohio and President Dwight Eisenhower.. He went on to earn his BA degree from Princeton University and his MBA from Stanford.
Georgescu became chairman and CEO of Young & Rubicam in 1994 and served in those positions until 2000. As chairman he began to streamline the company's operations. In 1995, therein Y&R began an acquisition push increasing ownership in advertising agencies and public relations firms across Africa, Asia, Europe and Latin America.
Georgescu is the author of "The Source of Success" and "The Constant Choice: An Everyday Journey From Evil Towards Good" and the co-author (with Alex Axelrod) of "Eisenhower on Leadership: Ike's Enduring Lessons in Total Victory Management". He was elected to the American Advertising Federation Hall of Fame in 2011.
An opinion piece Georgescu penned in the Sunday Review section of the New York Times, on financial disparity, titled, "Capitalists, Arise: We Need to Deal with Income Inequality", in which he argues financial disparity in the U.S. has to be addressed as the situation otherwise would lead to unbearable taxes or social tempest, engendered over one thousand comments on the newspaper's Facebook page. This piece informs the 2016 edition of the Gannon lecture which Georgescu is to deliver at Fordham University on April 26.

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