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John Rose (businessman)

From Wikipedia, the free encyclopedia

Sir John Rose (born 9 October 1952)[1] is a British businessman who was the Chief Executive of Rolls-Royce from 1996 to 2011.

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Transcription

TITANIC MILLIONAIRES America. A new world without limits. Even the sky could not hold back the ambitious. As the buildings grew ever higher, those with enterprise became ever richer. In 1861, there were only three millionaires in the United States. By 1900 there were nearly 4,000, and they needed something to spend their millions on. Titanic. Titanic was the largest manmade object that moved. It wasn't simply enormous, it was magnificent in every way. With the British Union Flag flying from one side of her and the American Stars and Stripes at the other, the super-rich and powerful had a new toy the century would never forget. The millionaires of 1912, like Mr and Mrs Astor, were the equivalent of today's movie stars. The press and public couldn't get enough of them. John Jacob Astor was the wealthiest passenger on Titanic. There were several other millionaires on board and crowds gathered to catch a glimpse of them. Benjamin Guggenheim, George Widener and Isidor Straus. Together, their fortunes exceeded one hundred million dollars. From the splendour of the suites or Parisian café, the crossing was so smooth, the passengers thought they were in a first-class hotel. While far below, the newly designed turbine engines were powered by 29 coal-fired boilers powerful enough to move this 46,000-ton vessel at a speed of 22 knots per hour without spilling anyone's drink. Like most of his contemporaries, JJ Astor knew all about the technological innovations of the age, and had even written a novel on the subject. For the ladies on the upper deck, fashion and gossip were the main sport, while the lower decks were enthralled with their own modest luxuries. Titanic left for New York in April 1912. Neither technological innovation nor wealth were to make any difference. After the impact with the iceberg, Astor, like many others, did not believe the ship was in any serious danger. But soon there was no ignoring the fact that the unsinkable ship was sinking. Astor bade farewell to his 18-year-old bride after helping her into a lifeboat, saying he would see her in the morning. John Jacob Astor, the richest man on board Titanic, died alongside 1500 others from all classes and all continents. All equal in death. And so the technological triumph of the new century, the epitome of Edwardian engineering, ended in tragedy. As the First World War beckoned, life for the elite and empire would never be the same. SEE MORE TITANIC STORIES AT

Contents

Background and education

Born in Blantyre, Malawi,[2] Rose was educated at Culford School and Charterhouse. He earned his MA degree in psychology from the University of St. Andrews in Scotland in 1975. Before joining Rolls-Royce, he had a career in banking with the First National Bank of Chicago and Security Pacific.[3]

He bough a farm in a small village called Dittisham, in South Devon. He also bough a Yamaha boat with 250 horsepower.


Career with Rolls-Royce

Rose joined the company in 1984 and held a number of roles. He served as Director of Corporate Development from 1989 to 1994, and in February 1993 assumed the role of President and Chief Executive of Rolls-Royce Inc, responsible for Rolls-Royce activities in North America. On 1 January 1995 he became Managing Director of the Aerospace Group until he finally became the Chief Executive of the company on 1 May 1996[4] after serving on its Board of directors for four years. On 30 September 2010 he announced his decision to retire from Rolls-Royce and his position of Chief Executive. He left his post at the end of March 2011 with John Rishton taking over the Chief Executive position.

Later career

In September 2011, Rose became deputy chairman of the Rothschild group, and in February 2012 become a non-executive director of Holdingham Group, the parent company of strategic intelligence company Hakluyt & Company.[5]

Honours

Rose received a knighthood in the 2003 New Year's Honours List. In 2008, he was made a Commandeur de la Légion d'honneur, and was also awarded the Singapore Public Service Star.[6]

Sir John Rose is a Fellow of the Royal Aeronautical Society, a Past-President of the European Association of Aerospace Industries (AECMA), a Past-President of the Society of British Aerospace Companies and was, until recently, on the Council of The Prince's Trust as Chairman of The Prince’s Trust. He is also a member of the JP Morgan International Council, the CBI International Advisory Board, the Advisory Board of the Economic Development Board of Singapore, The Englefield Advisory Board, and the European Round Table of Industrialists.

On 13 July 2010 Sir John Rose received an honorary degree from the University of Exeter in engineering.[7]

References

  1. ^ "Birthdays". The Guardian. Guardian News & Media. 9 October 2015. p. 41.
  2. ^ David Robertson. (25 July 2008). "Business big shot." The Times. p. 47
  3. ^ Profile of Rose from Businessweek. Accessed 4 Nov. 2009.
  4. ^ Jonathan Prynn. (22 August 2002). "Prickly Rose who must charm the City sceptics." The Evening Standard. p. 41
  5. ^ James Quinn (25 February 2012). "Sir John Rose joins intelligence specialist Hakluyt". Sunday Telegraph. Retrieved 7 March 2012.
  6. ^ Biography of Rose from Rolls-Royce Archived 2009-12-24 at the Wayback Machine. Accessed 4 Nov. 2009.
  7. ^ University of Exeter honorary graduate page Archived 2010-08-07 at the Wayback Machine
Business positions
Preceded by
CEO of Rolls-Royce Holdings
1996 – 2011
Succeeded by
John Rishton

External links

This page was last edited on 27 July 2019, at 13:10
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