204:
action (possible sanctions include public censure, fines and suspensions from holding certain positions). In
January 2021, the Insolvency Service said it would seek to ban eight former Carillion directors, including Green, from holding senior boardroom positions. A trial due to start on 16 October 2023 was cancelled after the Insolvency Service decided it was not in the public interest to pursue ex-chair Green and other directors.
200:, whose letters were published by the select committees on 12 July 2018, contends that Carillion was a victim of its public sector clients and that "any analysis as to the causes of the failure of Carillion is not complete without looking at the way in which government and the wider public sector procured services from Carillion and failed to administer payments".
183:
He interpreted his role as to be an unquestioning optimist, an outlook he maintained in a delusional, upbeat assessment of the company’s prospects only days before it began its public decline. While the company’s senior executives were fired, Mr Green continued to insist that he was the man to lead a
175:
After further documentation and correspondence was published by the select committees, Carillion directors bosses were described by MPs as "fantasists" chasing "a pot of gold", with chairman Philip Green described by Rachel Reeves as having "either a woeful lack of leadership or no grip on reality",
203:
In
November 2020, the Financial Conduct Authority said some Carillion directors had "acted recklessly" and released "misleadingly positive" market updates before it collapsed. As a result, the FCA said it had sent notices to some (unnamed) former Carillion directors warning of possible enforcement
156:
was put into compulsory liquidation amidst widespread condemnation of its debt position and approach to risk in large contracts. Green said his responsibility was "full and complete, total – no question in my mind about that. Not necessarily culpability but full responsibility". Green was one of a
379:
RBS to create new challenger bank under revived 'Williams & Glyn's' brand: Royal Bank of
Scotland is to create a new challenger brand under the revived 'Williams & Glyn’s’ brand after opting to take an £800m investment from a group led by private equity firm Corsair
184:
turnaround of the company as head of a "new leadership team". Mr Green told us he accepted responsibility for the consequences of
Carillion’s collapse, but that it was not for him to assign culpability. As leader of the board he was both responsible and culpable.
85:
group, becoming group development director in 1985, and then managing director from 1989 to 1990. In 1994, as a trustee of the
Coloroll group's pension fund, he was found guilty of a breach of trust and of maladministration of the scheme by the
311:"Green, Philip Nevill, (born 12 May 1953), non-executive Chairman: BakerCorp. Inc., since 2011; Sentebale, since 2011; Carillion plc, since 2014 (Senior Independent non-executive Director, 2011–14)." WHO'S WHO & WHO WAS WHO.
195:
The parliamentary process and findings have been questioned (by former
Carillion directors) as lacking in objectivity and thoroughness, treating a highly complex situation in an incomplete manner. Former Carillion CEO
393:
Philip Green on five years as chief of United
Utilities: Philip Green is leaving United Utilities today after five years as its chief executive. He spoke to Janet Wood about the experience.
578:
378:
845:
850:
764:
273:
661:"Carillion: Responses from Interested Parties to the Tenth Report of the Business, Energy and Industrial Strategy Committee and Twelfth Report of the Work and Pensions Committee"
276:. Retrieved 11 June 2014, "...Green served as the Chief Executive Officer of United Utilities Group PLC (a/k/a United Utilities PLC) from March 31, 2006 to March 31, 2011. .."
395:. Retrieved 11 June 2014, "...one thing Philip Green won't miss about his five years running a regulated business at United Utilities, it's the regulatory paperwork. ..."
712:
179:
In the final report of the
Parliamentary inquiry into the collapse of Carillion, published on 16 May 2018, Green was described as "delusional". The report concluded:
94:, firstly as regional director for Northern Europe (1990–1994), and then as chief operating officer for Europe and Africa (1994–1999). He then spent four years with
840:
835:
418:
213:
81:
From 1977 to 1980, Green was vice-president, marketing of
Crayonne (USA). From 1980 to 1985, he was managing director of the home furnishing division of the
406:
Green leaves
Clarksons: Philip Green is stepping down as chairman of the board at Clarksons barely six months after joining the world’s largest shipbroker
830:
738:
825:
444:
553:
635:
Carillion: Second Joint report from the Business, Energy and Industrial Strategy and Work and Pensions Committees of Session 2017–19
608:
Carillion: Second Joint report from the Business, Energy and Industrial Strategy and Work and Pensions Committees of Session 2017–19
326:
161:
66:
149:
was investigating the timeliness and content of the company's announcements from December 2016 regarding its financial situation.
165:
527:
192:
should consider whether the former Carillion directors, including Green, could be disqualified from acting as a director.
29:
686:
408:. Retrieved 11 June 2014, "...The former P&O Nedloyd chief executive is leaving to focus on his other commitments..."
392:
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146:
38:
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421:. Retrieved 11 June 2014, "...Philip Green ... The Prime Minister's adviser on corporate social responsibility...."
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432:
Prince Harry makes first official appearance since split with Cressida Bonas to host charity party
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354:"Carillion boss Philip Green has previously been found guilty of a breach of trust over pensions"
189:
87:
62:
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382:. Retrieved 11 June 2014, "...Philip Green, the former chief executive of United Utilities..."
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446:. Retrieved 11 June 2014, "...Philip Green, patron of the charity Hope Through Action...."
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240:. Retrieved 11 June 2014, "... based in London and headed by liner boss Philip Green..."
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in January 2018. Green was chairman of BakerCorp from June 2011 until December 2017.
176:
having advocated an "upbeat" messaging strategy five days before a profits warning.
419:
Government should make giving more tax-efficient, says Prime Minister's CSR adviser
114:
22:
21:
This article is about the Carillion chairman. For the Arcadia Group chairman, see
91:
508:
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456:
157:
number of former Carillion Directors described as "delusional characters" by
153:
142:
126:
46:
42:
739:"Legal bid launched to ban ex-Carillion directors from top boardroom roles"
82:
58:
41:(born 12 May 1953) is a British business executive. He was chairman of
765:"Insolvency Service drops case against former Carillion chair and CEO"
713:"Carillion directors 'recklessly' misled the market, says watchdog"
125:. In addition, he has supported several charity projects including
434:. Retrieved 11 June 2014, "...Sentebale Chairman Philip Green...."
528:"Former Carillion directors branded 'delusional' at MPs' Q&A"
377:
27 September 2013, James Quinn, Financial Editor, The Telegraph,
220:
for services to business and charity in the UK and South Africa.
554:"Carillion bosses were fantasists chasing pot of gold, MPs say"
509:"Carillion: Ex-chairman Philip Green takes blame for collapse"
579:"Carillion Chair 'upbeat' days before massive profit warning"
252:"Carillion chairman Philip Green was a Number 10 adviser"
417:
Jenna Pudelek, Third Sector Online, 8 February 2013,
404:
Jason O'Connell, 13 February 2014, Trade Winds News,
443:
14 June 2010: New sports centre opens in Mbekweni –
601:
599:
236:Terry Macalister, The Guardian, 3 February 2004,
145:, a company chaired by Green, announced that the
181:
846:People associated with the University of Wales
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267:
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851:Commanders of the Order of the British Empire
8:
641:. London: House of Commons. 2018. p. 93
214:Commander of the Order of the British Empire
172:(Business, Energy and Industrial Strategy).
105:From 2006 to 2011 he was chief executive of
321:
319:
317:
113:), and was the chairman of the shipbroker,
430:7 May 2014, Victoria Murphy, The Mirror,
391:Paul Newton, 6 April 2011, Utility Week,
28:For other people named Philip Green, see
457:"Carillion probed by financial watchdog"
117:. He advised the British prime minister
57:Philip Green was born on 12 May 1953 in
47:Carillion entered compulsory liquidation
798:(Supplement). 14 June 2014. p. b9.
737:Partington, Richard (13 January 2021).
274:Philip Nevill Green (executive profile)
229:
841:British manufacturing chief executives
352:Neilan, Catherine (16 January 2018).
250:Neilan, Catherine (15 January 2018).
188:The report also recommended that the
7:
836:British chairpersons of corporations
614:. House of Commons. 2018. p. 88
552:Goodley, Simon (28 February 2018).
90:. By this time, he was working for
61:, Staffordshire. He graduated from
763:Weinfass, Iain (13 October 2023).
483:"Carillion to go into liquidation"
14:
711:Price, David (13 November 2020).
98:before being appointed as CEO of
831:Alumni of London Business School
685:Howson, Richard (12 July 2018).
583:UK Parliament: Select committees
238:P&O casts off container unit
1:
526:Rob Davies (1 January 1970).
63:University College of Swansea
30:Philip Green (disambiguation)
826:Alumni of Swansea University
147:Financial Conduct Authority
872:
27:
20:
327:"Philip Nevill Green CBE"
168:(Work and Pensions) and
123:corporate responsibility
691:The Construction Index
186:
100:Royal P&O Nedlloyd
71:London Business School
687:"What the MPs Missed"
218:2014 Birthday Honours
212:Green was appointed
45:from May 2014 until
152:On 15 January 2018
131:Hope Through Action
102:from 2003 to 2006.
36:Philip Nevill Green
16:British businessman
795:The London Gazette
515:. 6 February 2018.
190:Insolvency Service
141:On 3 January 2018
121:on issues such as
88:Pensions Ombudsman
769:Construction News
717:Construction News
489:. 15 January 2018
65:and completed an
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109:(succeeded by
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216:(CBE) in the
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170:Rachel Reeves
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111:Steve Mogford
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743:The Guardian
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558:The Guardian
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532:The Guardian
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23:Philip Green
18:
816:1953 births
790:"No. 60895"
722:13 November
563:28 February
333:. Bloomberg
166:Frank Field
810:Categories
774:17 October
748:13 January
537:8 February
493:15 January
363:17 January
337:17 January
297:17 January
224:References
53:Early life
467:7 January
331:Bloomberg
154:Carillion
143:Carillion
137:Carillion
127:Sentebale
43:Carillion
513:BBC News
487:BBC News
461:BBC News
115:Clarkson
83:Coloroll
696:12 July
670:13 July
588:1 March
380:Capital
358:City AM
291:FreeBMD
256:City AM
208:Honours
164:Chairs
59:Walsall
645:16 May
618:16 May
77:Career
639:(PDF)
612:(PDF)
293:. ONS
776:2023
750:2021
724:2020
698:2018
672:2018
647:2018
620:2018
590:2018
565:2018
539:2018
495:2018
469:2018
365:2018
339:2018
299:2018
129:and
92:DHL
69:at
67:MBA
39:CBE
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598:^
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.