Denys Henderson

Denys Henderson
Sir Denys Henderson
Born October 11, 1932 (1932-10-11) (age 79)
Colombo, British Ceylon (present-day Sri Lanka)
Nationality Scottish
Occupation Company director

Sir Denys Henderson (born 11 October 1932) was chairman of ICI from 1987 to 1995.

Contents

Life and career

Early life

Henderson was born on 11 October 1932, in Colombo, Sri Lanka, where his father was a tea planter. The family returned to Scotland and Henderson went to school in Aberdeen and graduated from the University of Aberdeen in 1955 in Arts and Law with an M.A. and an LL.B.

National Service

Henderson trained as a solicitor but never practised at a Law firm. He says that it was his National Service that finally convinced him to use his legal training, by showing him a side of the law which he could never aspire to in civvy street. He was a captain in the directorate of army legal services and for 18 months acted as a prosecuting attorney handling everything from fraud, assault and attempted murder to what he has described, with great delicacy, as "various unnatural offences". After that kind of drama he said there was no way he could face the tedium of a provincial solicitor's office where wills and small debt summonses would be the highlights of life.[1]

Imperial Chemical Industries

Henderson joined the secretary's department at ICI head office in 1957 and was paid £900 a year. He said "The honest truth is I just wanted a job that paid the rent" adding that "I found the change from having a huge amount of personal initiative and personal responsibility as a prosecuting officer to being a 'scrubber' in the secretary's department not very stimulating - I made one or two attempts to leave but never did." He went on to hold various ICI legal posts including at Paints and after taking on various commercial roles went on to become Chairman of the Paints division in 1977, a position he held until 1980 when he joined the main ICI board.[2][3]

Henderson joined the main ICI board in 1980 and was appointed deputy chairman in 1986, succeeding Sir John Harvey-Jones as chairman a year later. He was instrumental in implementing a major streamlining of ICI to help it ride out the recession and face up to the tough competition of the 1990s, including a severe belt tightening and decentralised organisation with a lot of authority delegated to the chief executives who ran the individual businesses.

In recognition of his service to not only his business but his country, Henderson was created a Knight Bachelor in 1989.

On 15 May 1991, Hanson disclosed that it had purchased about 20 million, or 2.8 percent, of ICI's shares, leading to speculation of a possible takeover of what was at the time the UK's third-largest company. A management team headed by Henderson and Frank Whitely, its deputy chairman, led the takeover-defense plan against Lord Hanson, the chairman of Hanson, and his partner, Sir Gordon White (later Lord White of Hull), enlisting the help of S. G. Warburg & Co, the British investment bank, and Goldman, Sachs & Company, the American investment bank.[4] Lord Hanson was forced to back down from the takeover.

Henderson was also in charge when ICI split in two in June 1993 to create Zeneca. He said "the demerger will produce two powerful, focused new companies able to concentrate even more on strengthening their leading positions in world markets".[5][6] Henderson was also chairman of the Zeneca Group from 1993 until 1995.

Henderson was awarded an honorary doctorate in law in 1993 by the University of Bath.

Life after ICI

In March 1995 Henderson was appointed chairman of Rank Organisation a position he held until he retired at the April 2001 AGM. He was also chairman of Dalgety plc from 1995 to 1997, First 'Crown Estate' Commissioner and Chairman from 1995 to 2002 and has also held a number of non-executive directorships, including at Barclays' Bank (1990 to 1995), Rio Tinto Zinc (1990 to 1996), Schlumberger (1995 to 2001), Market & Opinion Research International Ltd (MORI) (2000 to 2002) and QinetiQ (2003 to 2005).

In an interview in 2002 Henderson said that nowadays, in a public company, 70 is the end of the road. "Everybody should have his 15 minutes of fame," he says, "but I think this is a time to call it quits." He also said

I was brought up as an ICI man. I loved the company[7]

Henderson was appointed a non-executive director of AZ Electronic Materials by The Carlyle Group following its acquisition of the company in 2004.[8]

References

  1. ^ "Sir Denys Henderson - the nucleus of ICI. (1 of 3)". managementtoday.co.uk. 1991-04-01. http://www.managementtoday.co.uk/search/article/408214/uk-sir-denys-henderson-nucleus-ici-1-3/. Retrieved 2008-01-14. 
  2. ^ "Sir Denys Henderson - the nucleus of ICI. (2 of 3)". managementtoday.co.uk. 1991-04-01. http://www.managementtoday.co.uk/search/article/408213/uk-sir-denys-henderson-nucleus-ici-2-3/. Retrieved 2008-01-14. 
  3. ^ "Sir Denys Henderson - the nucleus of ICI. (3 of 3)". managementtoday.co.uk. 1991-04-01. http://www.managementtoday.co.uk/search/article/408220/uk-sir-denys-henderson-nucleus-ici-3-3/. Retrieved 2008-01-14. 
  4. ^ Prokesch, Steven (1991-05-18). "Often-Ravenous Hanson Takes a Taste of I.C.I.". The New York Times. http://query.nytimes.com/gst/fullpage.html?res=9E0CE5DC1E3DF93BA25756C0A967958260&scp=1&sq=Often-Ravenous+Hanson+Takes+a+Taste+of+I.C.I.+. Retrieved 2008-01-14. 
  5. ^ "That demerger (1) - what it says about the British economy - ICI". managementtoday.co.uk. 1992-10-01. http://www.managementtoday.co.uk/search/article/409340/uk-demerger-1-says-british-economy-ici/. Retrieved 2008-01-14. 
  6. ^ "Fortress Zeneca". managementtoday.co.uk. 1996-05-01. http://www.managementtoday.co.uk/search/article/410703/uk-fortress-zeneca/. Retrieved 2008-01-14. 
  7. ^ "'It's not a bad thing to tell it as it is:' Sir Denys expounds in wisdom mode". London: The Daily Telegraph. 2002-09-29. http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2002/09/30/ccfild30.xml. Retrieved 2008-01-14. 
  8. ^ "The Carlyle Group Completes AZ Electronic Materials Acquisition and Announces Management Team and Board". Carlyle Group. 2004-10-01. http://www.carlyle.com/News/News%20Archive/2004/item6661.html. Retrieved 2008-01-14. 

External links

Academic offices
Preceded by
Lord Kearton
Chancellor of the University of Bath
1992–1998
Succeeded by
Lord Tugendhat

Wikimedia Foundation. 2010.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • Denys — may refer to: People with the given name Denys: Denys Andriyenko (born 1980), Ukrainian footballer Denys Arcand (born 1941), Canadian film director, screenwriter and producer Denys Baptiste (born 1969), jazz musician Denys Bouliane (born 1955),… …   Wikipedia

  • Henderson (surname) — Henderson is a common surname.The surname Henderson is of Scottish origin and means son of Henry . The name is derived from the Scots Gaelic clan MacEanruig of Glencoe which was later anglified to Henderson and McKendrick. Other areas of Scotland …   Wikipedia

  • Denys Rayner — in 1943 Denys Arthur Rayner DSC Bar, VRD, RNVR (9 February 1908 4 January 1967) fought throughout the Battle of the Atlantic. After intensive war service at sea, Rayner became a writer, a farmer, and a successful designer and builder of small… …   Wikipedia

  • James Hanson, Baron Hanson — Infobox Person name = James Hanson image size = caption = birth date = 20 January 1922 birth place = Huddersfield, England death date = death date and age|2004|11|1|1922|1|20|df=yes death place = Newbury, England death cause = occupation =… …   Wikipedia

  • Empire Club of Canada — The Empire Club of Canada, established in 1903, is a Canadian speakers forums. Past speakers have included: * Indira Gandhi * Brian Mulroney * The Dalai Lama * Pierre Trudeau * Arthur Meighen * Edward Heath * Margaret Thatcher * Bill Gates * Lord …   Wikipedia

  • Christopher Tugendhat, Baron Tugendhat — Christopher Samuel Tugendhat, Baron Tugendhat (born 23 February 1937 London) is a British politician belonging to the Conservative party, businessman, company director and chairman, and journalist/author. Contents 1 Family background 2 Career 3… …   Wikipedia

  • Dalgety plc — Industry Conglomerate Fate Acquired Successor Genus plc Founded 1846 Defunct …   Wikipedia

  • Green Line (Washington Metro) —      Green Line …   Wikipedia

  • performing arts — arts or skills that require public performance, as acting, singing, or dancing. [1945 50] * * * ▪ 2009 Introduction Music Classical.       The last vestiges of the Cold War seemed to thaw for a moment on Feb. 26, 2008, when the unfamiliar strains …   Universalium

  • Chorale Roanne Basket — Chorale de Roanne Généralités …   Wikipédia en Français

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”