William Rollason

William Rollason

William Rollason (born 29 November 1960) was the Chairman of the Direct Selling Association in London [http://www.thisismoney.co.uk/investing-and-markets/article.html?in_article_id=415486&in_page_id=3 thisismoney.co.uk - Farepak boss's disappearing act - 10.12.2006] ] .

Rollason was the Chief Executive Officer of European Home Retail (EHR), and he was heavily implicated in the (subsidiary company) Farepak scandal. The company went into administration in October 2006, owing money to thousands of members of its Christmas savings club. European Home Retail allegedly moved Farepak club members' money to the parent company, EHR, which was in financial difficulty. No decision has yet been made as to whether to bring criminal prosecutions over the disappearance of savers' money.

Rollason is also a non-executive director of the photographic retailer Jessops.

Rollason trained in corporate finance at Hambros Bank (1986-1995). Hambros was taken over by Société Générale. Before joining EHR Rollason was Finance Director of National Express which he reportedly left in 2002 after a clash with chief executive Phil White.

References


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