Sir Peter Beck is the founder, President and Chief Executive Officer of Rocket Lab. Since founding the company in 2006, Peter has grown it into a global organization that develops and launches advanced rockets, satellites and spacecraft. Peter has served on Rocket Lab's board of directors, and as its President and Chief Executive Officer since July 2013 and was appointed Chairman of the Board in May 2021.
From 2013, Peter led the development of the Electron Sir Peter's leadership, Rocket Lab pioneered advanced aerospace manufacturing techniques for Electron, including 3D printed rocket engines, electric-pump-fed rocket engines and fully carbon composite fuel tanks. Peter also led the development of our private orbital launch site, Launch Complex 1, located in Mahia, New Zealand, which required the establishment of an international treaty and legislation to enable Rocket Lab to use U.S. launch and spacecraft technology that otherwise would not be permitted for launches from foreign soil.
Prior to founding Rocket Lab, Peter began his career in 1993 with an apprenticeship as precision engineer at global appliance manufacturer Fisher & Paykel, before moving into production machinery design, product design and analysis. He later went to a government research institute in 2003 where he focused on advanced composites structures and materials for high performance applications. While at the government lab, Peter led several complex engineering programs to optimize technologies including wind turbines and superconductors. In his own time, Peter began building rockets at an early age, steadily increasing their size and complexity. In 2006, Peter founded Rocket Lab and led its efforts to successfully launch Atea-1 in 2009, which we believe is the first commercially-developed rocket to reach space from the Southern Hemisphere.
An award-winning engineer, Peter has been presented with the Gold Medal from the Royal Aeronautical Society, Meritorious Medal from the New Zealand Division of the Royal Aeronautical Society and Cooper Medal and Pickering Medal from the Royal Society of New Zealand. In addition, in recognition of Peter's outstanding contributions to aerospace, entrepreneurship and technical innovation he was appointed as an adjunct professor in aerospace engineering by the University of Auckland. In 2024 Peter was made a Knight Companion of the New Zealand Order of Merit for services to the aerospace industry, business and education.
What is Peter Beck's net worth?
The estimated net worth of Peter Beck is at least $1.27 billion as of September 11th, 2023. Mr. Beck owns 50,951,250 shares of Rocket Lab USA stock worth more than $1,267,157,588 as of December 21st. This net worth estimate does not reflect any other investments that Mr. Beck may own. Additionally, Mr. Beck receives an annual salary of $962,710.00 as Founder, President and Chief Executive Officer, Chair of the Board at Rocket Lab USA. Learn More about Peter Beck's net worth.
What is Peter Beck's salary?
As the Founder, President and Chief Executive Officer, Chair of the Board of Rocket Lab USA, Inc., Mr. Beck earns $962,710.00 per year. Learn More on Peter Beck's salary.
How do I contact Peter Beck?
Has Peter Beck been buying or selling shares of Rocket Lab USA?
Peter Beck has not been actively trading shares of Rocket Lab USA in the last ninety days. Most recently, Peter Beck sold 3,600,000 shares of the business's stock in a transaction on Monday, September 11th. The shares were sold at an average price of $5.62, for a transaction totalling $20,232,000.00. Following the completion of the sale, the chief executive officer now directly owns 50,951,250 shares of the company's stock, valued at $286,346,025. Learn More on Peter Beck's trading history.
Who are Rocket Lab USA's active insiders?
Are insiders buying or selling shares of Rocket Lab USA?
In the last twelve months, insiders at the rocket manufacturer sold shares 11 times. They sold a total of 2,436,160 shares worth more than $39,883,895.50. The most recent insider tranaction occured on December, 3rd when Director Alexander R Slusky sold 50,000 shares worth more than $1,150,000.00. Insiders at Rocket Lab USA own 13.7% of the company.
Learn More about insider trades at Rocket Lab USA. Information on this page was last updated on 12/3/2024.
