Ron Sandler

Ron Sandler

Ron Sandler is the government-appointed Executive Chairman of Northern Rock. [ [http://news.bbc.co.uk/1/hi/business/7249858.stm Rock recovery is Sandler's goal] , BBC News, 17 February 2008]

Sandler was born in Bulawayo, Southern Rhodesia (now Zimbabwe) in 1952 and has an undergraduate degree in engineering [ [http://www.guardian.co.uk/business/2002/jul/10/sandlerreview.saving3 When a crisis looms, call on Ron] "The Guardian" July 10, 2002. Retrieved: February 20, 2008.] from Queens' College, Cambridge and an MBA from Stanford University [http://www.hm-treasury.gov.uk/newsroom_and_speeches/press/2008/press_16_08.cfm Northern Rock plc] , HM Treasury, February 17, 2008] .Sandler had previously been Chief Executive at Lloyd's of London [http://news.bbc.co.uk/1/hi/business/7184813.stm Treasury lines up new Rock boss] , BBC News, 12 January 2008] from 1995 until 1999. Sandler spent the period between October 1999 and March 2000 as a director and chief operating officer of NatWest bank, unsuccessfully attempting to defend it during its 1999 takeover, on a salary of £450,000 [ [http://www.guardian.co.uk/money/2002/jul/09/saving.sandlerreview2 Profile: Ron Sandler] , guardian.co.uk, Tuesday July 9 2002] . Sandler resigned following the takover of NatWest bank by the Royal Bank of Scotland, joining the board of Computacenter as a non-executive director on May 26, 2000 [ [http://www.computacenter.com/press-releases/archive/pr042.asp Ron Sandler Appointed as Non-Executive Director] , Computacenter plc press release, June 1, 2000. Retrieved: April 13, 2008] . In March 2001, Sandler succeeded Computacenter co-founder Philip Hulme as Chairman of the board [ [http://www.computacenter.com/press-releases/archive/pr060.asp Computacenter plc Preliminary Results Announcement 2000] , Computacenter plc press release, March 14, 2001. Retrieved: April 13, 2008] . In June 2001 the then chancellor Gordon Brown asked Sandler to carry out a review of the savings industry, known as the "Sandler Review" [ [http://www.hm-treasury.gov.uk/documents/financial_services/savings/fin_sav_sand.cfm Sandler Review] , HM Treasury, 9 July 2002] . The report, published in 2002, called for a simplified range of savings products with a reduced level of commission, but its conclusions were rejected by the Treasury [ [http://www.telegraph.co.uk/news/main.jhtml?xml=/news/2004/10/13/npens413.xml Seven years of dithering] "The Daily Telegraph" October 12, 2004. Retrieved: February 20, 2008.] .

Whilst Chief Executive of Lloyd's, an 'educational briefing' fee (reimbursement of legal fees incurred), was paid by Lloyd's to the then California Insurance Commissioner in order that he should assist Lloyd's in preventing the prosecution of Lloyd's by the California State Attorneys Office for the sale of “unregistered securities” to US Resident Names or investors [ [http://www.truthaboutlloyds.com/news/news_lat_031401.htm Probe Looks at Lloyd's-Quackenbush Link] "Los Angeles Times" March 14, 2001. Retrieved: February 20, 2008.] .

He was appointed by the Treasury on 12 January 2008 to be the Chairman of Northern Rock ; a position which he assumed on 18 February 2008, resigning from his role as Non-executive Chairman and member of the board at Computacenter at the same time [ [http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNewsPopup.aspx?id=1713391&source=RNS Directorate Change] , Regulatory Announcement, February 18, 2008. Retrieved: April 13, 2008] . His salary for Northern Rock was reported as £90,000 per month. Sandler is not domiciled for personal tax purposes in the United Kingdom, holding a German passport [ [http://www.telegraph.co.uk/news/main.jhtml?xml=/news/2008/02/20/nrock320.xml 'Non-dom' Ron Sadler runs Northern Rock] "The Daily Telegraph" February 20, 2008. Retrieved: February 20, 2008.] .

References


Wikimedia Foundation. 2010.

Игры ⚽ Нужно решить контрольную?

Look at other dictionaries:

  • Sandler — is the surname of: * Adam Sandler (born 1966), American actor and comedian * Barry Sandler, American screenwriter and film producer * Ethan Sandler (born 1973), American actor * Francis Sandler, American bishop of the Palmarian Catholic Church *… …   Wikipedia

  • Nationalisation of Northern Rock — People queuing at a branch of the Northern Rock bank in Brighton on 14 September 2007. In 2008 the Northern Rock bank was nationalised by the British Government, due to financial problems caused by the subprime mortgage crisis. In 2010 the bank… …   Wikipedia

  • Northern Rock — This article is about the consumer bank. For the separate asset company, see Northern Rock (Asset Management). For the company s nationalisation, see Nationalisation of Northern Rock. For the company that this bank will be merged with, see Virgin …   Wikipedia

  • Personal Finance Education Group — The Personal Finance Education Group (PFEG) is a UK educational charity focused on equipping young people with confidence, skills and knowledge in financial matters, particularly personal finance. It was founded in 2000 and receives support from… …   Wikipedia

  • Nathan Kirsh — (born 6 January 1932) is a South African business magnate, with a property empire spanning the United Kingdom, Swaziland and Australia. He carries a Swazi passport. However, he also has residency status in the United Kingdom and the United States …   Wikipedia

  • Bulawayo — koBulawayo   City   View of Bulawayo s Central Business District from Pioneer House by Prince Phumulani Nyoni …   Wikipedia

  • Northern Rock —   Northern Rock Staat [[Großbritannien]] Sitz Newcastle upon Tyne, Vereinigtes Königreich …   Deutsch Wikipedia

  • Northern Rock — plc Tipo Pública Fundación Newcast …   Wikipedia Español

  • Mason Adams — (26 de febrero de 1919 – 26 de abril de 2005) fue un actor de voz y actor estadounidense. Contenido 1 Primeros años 2 Carrera en la radio 3 Filmografía …   Wikipedia Español

  • List of Jewish American entertainers — This is a list of famous Jewish American entertainers. For other famous Jewish Americans, see List of Jewish Americans. ListActors*See also List of Jewish American actors in televisionOrganized by decade of birth1990s*Robin Arcuri (1991 )… …   Wikipedia

Share the article and excerpts

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