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{{Short description|British businesswoman}} |
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| name = Carolyn Fairbairn |
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| honorific_suffix = [[Dame Commander of the Most Excellent Order of the British Empire|DBE]] |
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|birth_name = Carolyn Julie Fairbairn |
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⚫ | '''[[Dame]] Carolyn Julie Fairbairn''' <small>[[Order of the British Empire|DBE]]</small> (born 13 December 1960) is a British businesswoman, former director-general of the [[Confederation of British Industry]], and a former non-executive director of the [[Competition and Markets Authority]], [[Lloyds Banking Group]], [[BAE Systems]], and the [[UK Statistics Authority]]. She has been the Chair of the [[Royal Mencap Society]] since March 2022.<ref>{{Cite web |title=DAME CAROLYN FAIRBAIRN ANNOUNCED AS MENCAP'S NEW CHAIR |url=https://www.mencap.org.uk/press-release/dame-carolyn-fairbairn-announced-mencaps-new-chair |access-date=2023-04-21 |website=Mencap |language=en}}</ref> |
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Fairbairn attended [[Bryanston School]] as a sixth-form scholar.<ref>{{cite news |last=Higgins |first=Ria |title=A Life in the Day: Carolyn Fairbairn |url=https://www.thetimes.co.uk/article/a-life-in-the-day-carolyn-fairbairn-wslpkd38d |website=The Sunday Times |publisher=Times Newspapers Limited |accessdate=31 May 2019 |location=London |date=19 June 2016 |url-access=subscription}}<br>- {{cite web |last=Flanagan |first=Martin |title=Big Interview: Carolyn Fairbairn of the CBI |url=https://www.scotsman.com/business/companies/big-interview-carolyn-fairbairn-of-the-cbi-1-4127806 |website=The Scotsman |publisher=JPIMedia Ltd |accessdate=31 May 2019 |date=14 May 2016}}</ref> She graduated with a BA in economics (double first) from [[Gonville and Caius College, Cambridge]], then an MA in international relations from the [[University of Pennsylvania]], followed by an MBA from [[INSEAD]] in France.<ref name=BloobergBio>{{cite web|url=https://www.bloomberg.com/research/stocks/people/person.asp?personId=8157746&ticker=ITV:LN&previousCapId=7827432&previousTitle=Financial%2520Services%2520Authority |title=xecutive Profile - Carolyn J. Fairbairn BA, MA, MBA |
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|website=Bloomberg Business |publisher=Bloomberg L.P. |archiveurl=https://web.archive.org/web/20150924233826/https://www.bloomberg.com/research/stocks/people/person.asp?personId=8157746&ticker=ITV:LN&previousCapId=7827432&previousTitle=Financial%2520Services%2520Authority |archivedate=24 September 2015|accessdate=14 December 2022}}</ref> |
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Fairbairn graduated with a BA in Economics (Double First) from [[Gonville and Caius College, Cambridge]], then an MA in International Relations from the [[University of Pennsylvania]], followed by an MBA from [[INSEAD]] in France.<ref name=BloobergBio>{{cite web|url=http://www.bloomberg.com/research/stocks/people/person.asp?personId=8157746&ticker=ITV:LN&previousCapId=7827432&previousTitle=Financial%2520Services%2520Authority |title=List of Public Companies Worldwide, Letter - Businessweek - Businessweek |publisher=Bloomberg.com |date= |accessdate=2015-11-23}}</ref> |
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==Career== |
==Career== |
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She began her career as an economist at the [[World Bank]]. In 1985 she became a business and financial journalist, writing for [[The Economist]] magazine.<ref name=OfficialCBIbio>{{cite |
She began her career as an economist at the [[World Bank]]. In 1985, she became a business and financial journalist, writing for ''[[The Economist]]'' magazine.<ref name=OfficialCBIbio>{{cite press release|url=http://news.cbi.org.uk/news/carolyn-fairbairn-to-become-next-cbi-director-general/ |title=Carolyn Fairbairn to become next CBI Director-General |publisher=CBI |date=June 2015 |archiveurl=https://web.archive.org/web/20150703062719/http://news.cbi.org.uk/news/carolyn-fairbairn-to-become-next-cbi-director-general/ |archivedate=3 July 2015 |accessdate=14 December 2022}}</ref> |
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In 1988 she joined [[McKinsey & Company]] as a management consultant |
In 1988, she joined [[McKinsey & Company]] as a management consultant and, during a seven-year career, rose to partner. She worked with companies in sectors including brewing, DIY retailing, computer services, investment management and newspapers, advising on mergers, business expansion, cost control and global competitiveness.<ref name=OfficialCBIbio/> In 1995, she joined the [[Downing Street Policy Unit]] under the then prime minister, [[John Major]], developing policy for health and social services.<ref name=BloobergBio/> |
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In 1997 Fairbairn was appointed |
In 1997, Fairbairn was appointed director of strategy for [[BBC Worldwide]], later promoted to director of strategy ad distribution, and also became a member of the BBC's executive board. She was responsible for delivery of the BBC's services to viewers, including on cable and satellite. She managed a budget of £150 million and negotiated the BBC's major distribution deals with Sky, Virgin and BT. She helped to develop the BBC's digital strategy and renewal of its charter, and was instrumental in creating One BBC. In 2002/3, she created and launched [[Freeview (UK)|Freeview]] – a joint venture between the BBC, Sky and Arqiva, which became one of the UK's most successful new television services.<ref name=OfficialCBIbio/> |
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On |
On 6 October 2004, the BBC announced that Fairbairn and her husband had "decided to take time out from their careers to spend a year travelling around the world with their three children".<ref>{{cite press release|url=http://www.bbc.co.uk/pressoffice/pressreleases/stories/2004/10_october/06/fairbairn.shtml|title=Carolyn Fairbairn to leave the BBC|publisher=BBC |date=6 October 2004}}</ref> |
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Fairbairn briefly rejoined McKinsey & Company in 2006, before becoming director of corporate development and strategy at [[ITV plc]] between 2007 |
Fairbairn briefly rejoined McKinsey & Company in 2006, before becoming director of corporate development and strategy at [[ITV plc]] between 2007 and 2010. She joined the company at a time of crisis as the advertising market collapsed following the financial crash. She was put in charge of ITV's emergency cost-reduction programme to cut the company's cost base by 25%. This enabled ITV to weather the storm and subsequently return to growth.<ref name=OfficialCBIbio/> |
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On 24 July 2013 [[David Currie, Baron Currie of Marylebone|David Currie]], the chairman-designate of the new [[Competition and Markets Authority]], announced Fairbairn's appointment as a non-executive director. Between 2008 and 2011, Carolyn was a non-executive director of the [[Financial Services Authority]].<ref name=OfficialCBIbio/> |
On 24 July 2013 [[David Currie, Baron Currie of Marylebone|David Currie]], the chairman-designate of the new [[Competition and Markets Authority]], announced Fairbairn's appointment as a non-executive director. Between 2008 and 2011, Carolyn was a non-executive director of the [[Financial Services Authority]].<ref name=OfficialCBIbio/> |
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Fairbairn has extensive boardroom experience, including as a non-executive director of [[Lloyds Banking Group]] 2012 |
Fairbairn has extensive boardroom experience, including as a non-executive director of [[Lloyds Banking Group]] (2012-15), [[Vinten|The Vitec Group]], a medium-sized photographic and broadcast equipment supplier (2012-1), the global outsourcer [[Capita]] (2014-15) and the [[UK Statistics Authority]] (2013-15).<ref name=OfficialCBIbio/> |
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In March 2021, she was appointed non-executive director of BAE Systems plc.<ref>{{Cite web |first=Edward |last=Thicknesse |date=11 February 2021|title=Dame Carolyn Fairbairn joins BAE Systems in non-exec role|url=https://www.cityam.com/dame-carolyn-fairbairn-joins-bae-systems-in-non-exec-role/|access-date=15 November 2021|website=CityAM}}</ref> She resigned just over a year later in May 2022 to take up the position of Chair of the Royal Mencap Society.<ref>{{Cite web |last=Robinson |first=Jon |date=2022-03-30 |title=Former CBI boss to step down from BAE Systems board after taking charity role |url=https://www.business-live.co.uk/manufacturing/former-cbi-boss-step-down-23543457 |access-date=2023-04-21 |website=Business Live |language=en}}</ref><ref>{{Cite web |title=DAME CAROLYN FAIRBAIRN ANNOUNCED AS MENCAP'S NEW CHAIR |url=https://www.mencap.org.uk/press-release/dame-carolyn-fairbairn-announced-mencaps-new-chair |access-date=2023-04-21 |website=Mencap |language=en}}</ref> |
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⚫ | In June 2015, it was announced that she would replace [[John Cridland]] in November as director-general of the [[Confederation of British Industry]], as a result of which she would resign all other positions aside from her chair of the charity, [[Marie Curie Cancer Care]].<ref>{{cite news|url=https://www.bbc.co.uk/news/business-33307856 |title=CBI appoints Carolyn Fairbairn as director general |work=BBC News |date=29 June 2015 |accessdate=23 November 2015}}</ref> |
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⚫ | Fairbairn has spoken about her vision for the CBI saying, "I've spent most of my working life in British business and believe deeply in its purpose as a creator of fulfilling jobs, quality of life and prosperity. I'm committed to using my experience to speak up passionately on behalf of British businesses of all sizes on the national and international stage."<ref name=OfficialCBIbio/> |
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In June 2020, the CBI announced that Fairbairn would step down at the end of 2020 and would be replaced by [[Tony Danker]].<ref>{{cite press release|url=https://www.cbi.org.uk/media-centre/articles/tony-danker-named-as-next-cbi-director-general/ |title=Tony Danker named as next CBI Director-General |publisher=CBI |date=10 June 2020 |accessdate=15 June 2020}}</ref> |
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⚫ | Fairbairn has spoken about her vision for the |
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==Personal life== |
==Personal life== |
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She is married to Peter Chittick |
She is married to Peter Chittick and they have three children.<ref>{{cite news|first=Sean |last=Farrell |url=https://www.theguardian.com/business/2015/jun/29/carolyn-fairbairn-cbi-director-general |title=Business secretary Sajid Javid attacks CBI over EU referendum |newspaper=The Guardian |date=29 June 2015 |accessdate=23 November 2015}}</ref> Chittick is Canadian, trained as a lawyer, and met Fairbairn when they were students at INSEAD.<ref>{{cite web|url=http://www.candidmagazine.com/interview-with-peter-chittick-owner-of-hotel-crillon-le-brave/ |title=Interview with Peter Chittick, Owner of Hotel Crillon Le Brave |work=Candid |date=5 May 2015 |archiveurl=https://web.archive.org/web/20200811070418/https://www.candidmagazine.com/interview-with-peter-chittick-owner-of-hotel-crillon-le-brave/ |archivedate=11 August 2020|accessdate=14 December 2022}}</ref> He is a multimillionaire property developer, and together they own the "boutique" Hotel Crillon Le Brave in [[Provence]], France.<ref>{{cite news|url=http://www.thetimes.co.uk/tto/business/industries/leisure/article4483318.ece |title=Boutique hotel owner checks in at the top of CBI |work=The Times |date=30 June 2015 |accessdate=23 November 2015 |url-access=subscription}}</ref> |
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==References== |
==References== |
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==External links== |
==External links== |
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*[ |
*[https://www.cbi.org.uk/about-us/our-people/leadership-team/carolyn-fairbairn/ CBI – Carolyn Fairbairn] |
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*[https://www.gov.uk/government/people/carolyn-fairbairn Biography] |
*[https://www.gov.uk/government/people/carolyn-fairbairn Biography] |
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*[http://www.bbc.co.uk/pressoffice/pressreleases/stories/2004/10_october/06/fairbairn.shtml News report on |
*[http://www.bbc.co.uk/pressoffice/pressreleases/stories/2004/10_october/06/fairbairn.shtml News report on Fairbairn leaving BBC] |
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{{s-bef|before=[[John Cridland]]}} |
{{s-bef|before=[[John Cridland]]}} |
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{{s-ttl|title=Director-General of the [[Confederation of British Industry]]|years= |
{{s-ttl|title=Director-General of the [[Confederation of British Industry]]|years=2015–2020}} |
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{{s-aft|after=[[Tony Danker]]}} |
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{{s-end}} |
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{{Authority control}} |
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{{DEFAULTSORT:Fairbairn, Carolyn}} |
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[[Category:Living people]] |
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[[Category:Alumni of Gonville and Caius College, Cambridge]] |
[[Category:Alumni of Gonville and Caius College, Cambridge]] |
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[[Category:People educated at Bryanston School]] |
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[[Category:McKinsey & Company people]] |
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[[Category:British management consultants]] |
[[Category:British management consultants]] |
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[[Category:BBC people]] |
[[Category:BBC people]] |
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[[Category:British television executives]] |
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[[Category:Women television executives]] |
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[[Category:Dames Commander of the Order of the British Empire]] |
Revision as of 21:50, 31 December 2023
Carolyn Fairbairn | |
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Born | Carolyn Julie Fairbairn 13 December 1960 |
Nationality | British |
Alma mater | Gonville and Caius College, Cambridge University of Pennsylvania INSEAD |
Occupation(s) | Director-general, Confederation of British Industry |
Spouse | Peter Chittick |
Children | 3 |
Dame Carolyn Julie Fairbairn DBE (born 13 December 1960) is a British businesswoman, former director-general of the Confederation of British Industry, and a former non-executive director of the Competition and Markets Authority, Lloyds Banking Group, BAE Systems, and the UK Statistics Authority. She has been the Chair of the Royal Mencap Society since March 2022.[1]
Early life and education
Fairbairn attended Bryanston School as a sixth-form scholar.[2] She graduated with a BA in economics (double first) from Gonville and Caius College, Cambridge, then an MA in international relations from the University of Pennsylvania, followed by an MBA from INSEAD in France.[3]
Career
She began her career as an economist at the World Bank. In 1985, she became a business and financial journalist, writing for The Economist magazine.[4]
In 1988, she joined McKinsey & Company as a management consultant and, during a seven-year career, rose to partner. She worked with companies in sectors including brewing, DIY retailing, computer services, investment management and newspapers, advising on mergers, business expansion, cost control and global competitiveness.[4] In 1995, she joined the Downing Street Policy Unit under the then prime minister, John Major, developing policy for health and social services.[3]
In 1997, Fairbairn was appointed director of strategy for BBC Worldwide, later promoted to director of strategy ad distribution, and also became a member of the BBC's executive board. She was responsible for delivery of the BBC's services to viewers, including on cable and satellite. She managed a budget of £150 million and negotiated the BBC's major distribution deals with Sky, Virgin and BT. She helped to develop the BBC's digital strategy and renewal of its charter, and was instrumental in creating One BBC. In 2002/3, she created and launched Freeview – a joint venture between the BBC, Sky and Arqiva, which became one of the UK's most successful new television services.[4]
On 6 October 2004, the BBC announced that Fairbairn and her husband had "decided to take time out from their careers to spend a year travelling around the world with their three children".[5]
Fairbairn briefly rejoined McKinsey & Company in 2006, before becoming director of corporate development and strategy at ITV plc between 2007 and 2010. She joined the company at a time of crisis as the advertising market collapsed following the financial crash. She was put in charge of ITV's emergency cost-reduction programme to cut the company's cost base by 25%. This enabled ITV to weather the storm and subsequently return to growth.[4]
On 24 July 2013 David Currie, the chairman-designate of the new Competition and Markets Authority, announced Fairbairn's appointment as a non-executive director. Between 2008 and 2011, Carolyn was a non-executive director of the Financial Services Authority.[4]
Fairbairn has extensive boardroom experience, including as a non-executive director of Lloyds Banking Group (2012-15), The Vitec Group, a medium-sized photographic and broadcast equipment supplier (2012-1), the global outsourcer Capita (2014-15) and the UK Statistics Authority (2013-15).[4]
In March 2021, she was appointed non-executive director of BAE Systems plc.[6] She resigned just over a year later in May 2022 to take up the position of Chair of the Royal Mencap Society.[7][8]
Confederation of British Industry (CBI)
In June 2015, it was announced that she would replace John Cridland in November as director-general of the Confederation of British Industry, as a result of which she would resign all other positions aside from her chair of the charity, Marie Curie Cancer Care.[9]
Fairbairn has spoken about her vision for the CBI saying, "I've spent most of my working life in British business and believe deeply in its purpose as a creator of fulfilling jobs, quality of life and prosperity. I'm committed to using my experience to speak up passionately on behalf of British businesses of all sizes on the national and international stage."[4]
In June 2020, the CBI announced that Fairbairn would step down at the end of 2020 and would be replaced by Tony Danker.[10]
Personal life
She is married to Peter Chittick and they have three children.[11] Chittick is Canadian, trained as a lawyer, and met Fairbairn when they were students at INSEAD.[12] He is a multimillionaire property developer, and together they own the "boutique" Hotel Crillon Le Brave in Provence, France.[13]
References
- ^ "DAME CAROLYN FAIRBAIRN ANNOUNCED AS MENCAP'S NEW CHAIR". Mencap. Retrieved 21 April 2023.
- ^ Higgins, Ria (19 June 2016). "A Life in the Day: Carolyn Fairbairn". The Sunday Times. London: Times Newspapers Limited. Retrieved 31 May 2019.
- Flanagan, Martin (14 May 2016). "Big Interview: Carolyn Fairbairn of the CBI". The Scotsman. JPIMedia Ltd. Retrieved 31 May 2019. - ^ a b "xecutive Profile - Carolyn J. Fairbairn BA, MA, MBA". Bloomberg Business. Bloomberg L.P. Archived from the original on 24 September 2015. Retrieved 14 December 2022.
- ^ a b c d e f g "Carolyn Fairbairn to become next CBI Director-General" (Press release). CBI. June 2015. Archived from the original on 3 July 2015. Retrieved 14 December 2022.
- ^ "Carolyn Fairbairn to leave the BBC" (Press release). BBC. 6 October 2004.
- ^ Thicknesse, Edward (11 February 2021). "Dame Carolyn Fairbairn joins BAE Systems in non-exec role". CityAM. Retrieved 15 November 2021.
- ^ Robinson, Jon (30 March 2022). "Former CBI boss to step down from BAE Systems board after taking charity role". Business Live. Retrieved 21 April 2023.
- ^ "DAME CAROLYN FAIRBAIRN ANNOUNCED AS MENCAP'S NEW CHAIR". Mencap. Retrieved 21 April 2023.
- ^ "CBI appoints Carolyn Fairbairn as director general". BBC News. 29 June 2015. Retrieved 23 November 2015.
- ^ "Tony Danker named as next CBI Director-General" (Press release). CBI. 10 June 2020. Retrieved 15 June 2020.
- ^ Farrell, Sean (29 June 2015). "Business secretary Sajid Javid attacks CBI over EU referendum". The Guardian. Retrieved 23 November 2015.
- ^ "Interview with Peter Chittick, Owner of Hotel Crillon Le Brave". Candid. 5 May 2015. Archived from the original on 11 August 2020. Retrieved 14 December 2022.
- ^ "Boutique hotel owner checks in at the top of CBI". The Times. 30 June 2015. Retrieved 23 November 2015.