- Colin Beyer
-
Colin Beyer Born 1938 Residence Kelburn, Wellington Education lawyer Alma mater Victoria University of Wellington Occupation lawyer, director Employer retired Organization Simpson Grierson Known for Past chairman of Tower Ltd; Securities Commissioner Children Georgina Beyer (stepdaughter) Colin Andrew Nielsen Beyer,[1] LL.B. (born 1938), is a prominent lawyer who was a partner and then consultant with Simpson Grierson in Wellington, New Zealand. He is a prominent businessman with many governance positions. He was a Securities Commissioner on the Securities Commission of New Zealand from 2001 until 2010. He is the stepfather of former Member of Parliament Georgina Beyer.
Contents
Early life
Colin Beyer was born in New Zealand in 1938 to Danish parents,[2] Kanute and Karla Beyer.[3] His father worked on the wharves in Wellington and his mother worked for the Education Department. Together with his younger brother Trevor and his sister Olga, they lived in Island Bay. Both brothers attended Wellington College.[2]
Professional career
Beyer was educated at Victoria University of Wellington. He graduated with LL.B.[4] and was admitted to the bar in 1962. His specialities are corporate law and mining law.[5] He was a partner with Simpson Grierson for ten years until 2003, when he became a consultant (the term that Simpson Grierson uses for former partners[6]).[7] As of December 2010, Beyer is no longer listed on the Simpson Grierson website as a consultant.
Beyer is a prominent businessman with considerable governance experience. He was made a Distinguished Fellow of the Institute of Directors in 2006.[5] He has been Chairman of the Accident Compensation Corporation, Government Property Services Ltd., Capital Properties New Zealand Ltd, Tower Ltd and Summit Resources Ltd, and a director of Capital Power Ltd and TrustPower Ltd.[7][8][9] He was a ministerial appointee on the Wellington Area Health Board and the Wellington Polytechnic Board.[5]
He was chairman of the Tower Corporation from 1990 until his resignation in 2003. The sacking of managing director James Boonzaier in 2002 under his chairmanship caused some controversy.[10][11][12] Beyer was widely criticised in financial circles for publicly blaming Boonzaier for Tower's poor financial performance, and Beyer's decision not to stand for re-election prior to the 2003 AGM is described as having prevented the "possibility of a humiliating defeat".[13] Bruce Sheppard, the founder of the New Zealand Shareholder's Association, has criticised the board of Tower under Beyer's chairmanship over the setting of directors' fees and the payment of retirement allowances. Sheppard has described the practices of the board as "the most outrageous gaming by the most reprehensible group".[14]
Beyer was appointed to the Securities Commission in February 2001 for a four year term.[9] In early 2005, he was reappointed for a second five year term by Commerce Minister Pete Hodgson.[7] In 2009, Minister of Commerce Simon Power announced that Beyer would retire in February 2010, to be succeeded by Simon Botherway.[15]
He was the Honorary Consul-General of Finland since 1993 years and was by 2006 the Dean of the Consular Corps in Wellington.[5]
Political career
In the 1970s, while living in Camborne, he spent some time on the Porirua City Council as a Labour Party representative.[5] He later moved to Kelburn.
Family
Beyer was married to Noeline Bertrand (née Tamati).[16] Her first child, born 1957 as George Bertrand and later named Georgina Beyer, came to live with them after their marriage after having spent the previous years with her parents. Their son Andrew was born in December 1963.[2] With marital problems developing, George was sent to Wellesley College boarding school, where he tried to commit suicide for feeling rejected by his parents.[17] Colin Beyer separated from Noeline in 1971 and moved to Brooklyn, where he shared an apartment with Ron Brierly, whom he knew from Wellington College.[2][18] He married Brazilian-born Anna and had two sons. He also gained custody of his son Andrew.[19]
Georgina Beyer came out first to her stepfather, before telling her mother about her 1984 sex reassignment surgery.[20] She achieved fame as the world's first transsexual Member of Parliament.[21]
External links
- Photo showing Beyer as ACC chair learning an injury prevention back exercise, Te Ara website
Notes
- ^ see talk page for a justification of the spelling
- ^ a b c d Beyer 1999, p. 18.
- ^ Beyer 1999, p. 22.
- ^ "2006 Annual Report: Members of the Commission". Securities Commission. http://www.sec-com.govt.nz/publications/annrep-06/04.shtml. Retrieved 17 December 2010.
- ^ a b c d e "2006 Distinguished Fellows". Institute of Directors. http://www.iod.org.nz/Home/Articles/Press_Releases/Archived_news_and_articles/Distinguished_Fellows_Announce.aspx. Retrieved 17 December 2010.
- ^ "Simpson Grierson's consultants". Simpson Grierson. http://www.simpsongrierson.com/consultant/. Retrieved 17 December 2010.
- ^ a b c "Beyer and Quinn re-appointed". Scoop. 27 January 2005. http://www.scoop.co.nz/stories/PA0501/S00252.htm. Retrieved 17 December 2010.
- ^ "Prevention better than cure". Te Ara. http://www.teara.govt.nz/en/insurance/3/5. Retrieved 17 December 2010.
- ^ a b "Spiller appointed to Securities Commission". Good Returns. http://www.goodreturns.co.nz/article/976485957/spiller-appointed-to-securities-commission.html. Retrieved 17 December 2010.
- ^ Taylor, Kevin (25 July 2002). "Tower looking for more puff". The New Zealand Herald. http://mobile.nzherald.co.nz/business/news/article.php?c_id=3&objectid=2197047. Retrieved 17 December 2010.
- ^ "Tower blames departed boss". The New Zealand Herald. 6 December 2002. http://mobile.nzherald.co.nz/business/news/article.php?c_id=3&objectid=3007995. Retrieved 17 December 2010.
- ^ "Beyer throws in towel at Tower". TVNZ. 21 February 2003. http://tvnz.co.nz/content/170146/411361.html?tvnzmp=2. Retrieved 17 December 2010.
- ^ O'Brien, Peter V (28 February 2003). "In the name of God, go". Share Chat. http://www.sharechat.co.nz/article/bc73d6a2/in-the-name-of-god-go.html. Retrieved 17 December 2010.
- ^ "The evolution of the shareholder-board relationship". Stuff. 18 September 2009. http://www.stuff.co.nz/business/blogs/stirring-the-pot/2879428/The-evolution-of-the-shareholder-board-relationship. Retrieved 17 December 2010.
- ^ "Commerce Minister Announces Appointments On SEC Commission". NZPA. http://www.guide2.co.nz/money/news/business/commerce-minister-announces-appointments-on-sec-commission/11/11143. Retrieved 17 December 2010.
- ^ Beyer 1999, p. 17.
- ^ Beyer 1999, pp. 31–32.
- ^ Beyer 1999, p. 38.
- ^ Beyer 1999, p. 50.
- ^ Beyer 1999, p. 71.
- ^ "Ex-MP heads for dole queue". The New Zealand Herald. 18 Aug 2010. http://www.nzherald.co.nz/politics/news/article.cfm?c_id=280&objectid=10666900. Retrieved 18 December 2010.
References
- Beyer, Georgina; Casey, Cathy (1999). Change for the better: the story of Georgina Beyer. Auckland: Random House. ISBN 1-869-41371-7.
Categories:- 1938 births
- Living people
- New Zealand lawyers
- New Zealand businesspeople
- Members of the Institute of Directors
- Local political office-holders in New Zealand
- Victoria University of Wellington alumni
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