Andrew Cook (businessman) explained

Sir Andrew Cook
Birth Place:Sheffield, UK
Spouse:Lady Mirela Dracini-Cook

Sir Andrew Cook (born October 1949) is a British industrialist, philanthropist, historian, and author. He is the owner and chairman of William Cook Holdings Limited, one of Europe's leading steel and engineering groups.[1]

Early life and education

Cook was born in Sheffield in 1949 and attended High Storrs Grammar School and University College London, where he studied law.[2] He graduated in 1971 and was called to the Bar at Gray's Inn in 1972. Having completed a short pupillage and a technical apprenticeship, he joined the former family firm William Cook & Sons.

Career

In 1981, Cook became chairman of William Cook[3] and began a period of rapid expansion and refocusing on new markets. By 1986, sales exceeded £10million and, following a series of acquisitions, in 1991 they had grown to £120million.[4] In 1997, he defeated a hostile takeover bid from the now defunct industrial conglomerate Triplex Lloyd[5] and took William Cook into private ownership with the aid of the venture capitalist Electra Investment Trust.[6]

In 2004, he bought out Electra Investment Trust, restoring the company to 100% family control for the first time in 50 years. Since 2004, Cook has consolidated his company's manufacturing activities in four factories in Sheffield, Leeds, and Stanhope. In 2011, the William Cook group employed approximately 600 people and had annual sales in the region of £60million.[7]

Awards and recognition

In 1989, Cook was elected the CBI "Company of the Year". In 1991, the UK Monopolies Commission commended Cook for his perception in producing lasting solutions to the industry's chronic structural problems.[8]

In 1996, Cook was made a Commander of the Most Excellent Order of the British Empire (CBE) by Her Majesty the Queen, in the New Year's Honours List, for services to the steel casting industry.[9]

In 2008, Cook was awarded the E J Fox medal by the Institute of Cast Metals Engineers.[10]

Also in 2008, Cook was named 82nd in the Telegraphs Top 1,000 British Business People.[11]

In 2015, Cook and his family were named joint 52nd in the Yorkshire Rich List, with a stated £80m wealth.[12]

In 2016, he was knighted in David Cameron's Resignation Honours List.[13]

In July 2020, Sir Andrew was elected President of the British-Swiss Chamber of Commerce in its centenary year. On election, Sir Andrew said he would do everything in his power to serve British and Swiss business and boost bilateral trade.[14]

Philanthropic activities

Cook's recent donations include £1.5million[15] to Corpus Christi College, Cambridge, £300,000 to University College, London, of which he is an alumnus, and £250,000 to the South Yorkshire Community Foundation.[16] Cook has also donated significant sums to the Peppercorn A1 locomotive trust in order to get A1 class "Tornado" into running order. Cook also makes annual donations totalling approximately £50,000 to various children's, homeless, medical and welfare charities, including the Centre for Social Justice.

Political activities

Cook is a major Conservative Party supporter and donor. Since restoring his company to 100% family control in 2004, he has donated substantially and frequently to the party.[17] His donations total in the region of £2.5million.[18]

He was the principal funder of the "Conservatives IN" referendum campaign and to which he donated in excess of £300,000.[19]

He is a climate change denier, claiming that man made climate change is a “false or distorted belief.” [20] Describing climate change as a “nefarious means of indoctrination” resulting from intolerance and ignorance he wrote: “Yes, average temperatures are rising, but whether this is man made or natural is not proven.”

Economics activities

In November 2014, Cook took part in a public debate on devaluation, hosted at the Judge Business School in Cambridge, arguing against devaluation as a means of restoring the UK's manufacturing sector. His opponent was the businessman John Mills, founder of the Pound Campaign and an advocate for devaluation. A vote from the audience at the conclusion of the debate confirmed that Cook had won the debate, with 79% of audience members voting in support of his argument.[21] Cook is occasionally called upon by the national press to comment on economic crises and situations.[22]

Literary career

Cook's first book Thrice Through the Fire, published in 1999, was a history of the William Cook company from 1985 to 1998 and to Philip Hansen's book, The History of the William Cook Company and the Cook Family.[23] Thrice Through the Fire was written after a thirteen-year period of exponential growth for the company, seeing it become the world leader in steel castings, thanks to Cook's successful "re-launch" of the company soon after he became chairman in 1981.

In 2008, concerned that there would be an energy crisis in the following decade and "on the Conservative watch" as he described it, Cook financed and co-wrote with Professor Ian Fells CBE A Pragmatic Energy Policy for the UK.[24] Following a private launch to Charles Hendry, then shadow energy secretary, the publication was launched nationally at the Royal Institution.

Cook's second and third books were published in 2011. Ashes and Dust is a book of recollections and reflections, events and experiences, from various times to 2011. Coal, Steam and Comfort - 141R568 and the Swiss Classic Train is an account of a train restoration project he had undertaken over the 5-year period 2005 to 2010. In 2015, he published his fourth book, The Doctors of Ulm and other stories.

External links

Notes and References

  1. News: Leading cast steel engineering group becomes latest Advanced Manufacturing Research Centre partner. 25 May 2016. The University of Sheffield Advanced Manufacturing Research Centre. 9 May 2016.
    - Web site: Executive Profile: Andrew Cook CBE. Bloomberg L.P.. 21 June 2016.
  2. Web site: Andrew John COOK - Personal Appointments (free information from Companies House). 2021-08-07. find-and-update.company-information.service.gov.uk. en.
  3. News: Marsh. Peter. How a Sheffield steel-casting maker survives. 21 June 2016. Financial Times. 18 March 2011.
  4. Web site: William Cook History. William Cook Steel Castings. 25 May 2016. https://web.archive.org/web/20160221165953/http://www.william-cook.co.uk/history.html. 21 February 2016. dead.
  5. News: Ahmad. Sameena. Triplex Lloyd head quits over failed bid for Cook. https://web.archive.org/web/20160820044540/http://www.independent.co.uk/news/business/triplex-lloyd-head-quits-over-failed-bid-for-cook-1249774.html . 2016-08-20 . limited . live. 21 June 2016. The Independent. 8 July 1997.
  6. Web site: William Cook and Sons. Grace's Guide to British Industrial History. 25 May 2016.
    - Web site: Early Day Motion 390. Parliament.co.uk. 25 May 2016.
  7. News: Global demand sees William Cook plan £5m site investment. 26 May 2016. The Yorkshire Post. 17 May 2011.
  8. Web site: ICME Awards. Citebite. Institute of Cast Metals Engineers. 30 May 2016.
  9. News: THE NEW YEAR HONOURS: The Prime Minister's List. https://web.archive.org/web/20091025064404/http://www.independent.co.uk/news/the-new-year-honours-the-prime-ministers-list-1527750.html . 2009-10-25 . limited . live. 21 June 2016. The Independent. 30 December 1995.
  10. Web site: Willie Howson FICME presenting Andrew Cook CBE FICME with the E J Fox Medal. ICME. 25 May 2016. https://web.archive.org/web/20160828183419/http://www.icme.org.uk/gallery.asp. 28 August 2016. dead.
  11. Web site: Cave. Andrew. British business people: The Top 1,000: Industry 21 to 100. The Telegraph. 21 June 2016.
  12. News: Beresford. Philip. Yorkshire Rich List – the countdown begins. 21 June 2016. Insider Media Limited. Newsco Insider Limited. 7 October 2015.
  13. https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/543929/Resignation-Honours-2016.pdf Resignation Honours 2016
  14. News: Letter from the New President Sir Andrew Cook. British Swiss Chamber of Commerce.
  15. News: Enhancing the Collegiate community. 25 May 2016. University of Cambridge.
  16. News: Steel giant casts its donation towards helping the homeless. 26 May 2016. The Yorkshire Post. 22 December 2010.
  17. Web site: Search - The Electoral Commission. 2021-08-07. search.electoralcommission.org.uk.
  18. Web site: Changes to the Register of Members' Interests David Cameron. They Work For You. 26 May 2016.
    - Web site: The Register of Members' Financial Interests As at 8th June 2015. Parliament of the United Kingdom. 26 May 2016.
    - Web site: The Register of Members' Financial Interests As at 22nd February 2016. Parliament of the United Kingdom. 26 May 2016.
  19. News: EU Referendum: Tory donor gives £250,000 to 'In' campaign. 25 May 2016. The Telegraph. 30 January 2016.
  20. Web site: Cook . Andrew . 20 April 2024 . We are slaves to the machine . 20 April 2024 . Yorkshire Post.
  21. Web site: To Devalue or not to devalue. 6 November 2014. University of Cambridge. 25 May 2016.
  22. News: Edgar. Richard. UK steelmaking: A perfect storm of oversupply and lack of demand. 21 June 2016. itv.com. 20 October 2015.
    - News: Marsh. Peter. How a Sheffield steel-casting maker survives. 21 June 2016. Financial Times. 18 March 2011.
  23. Book: Hansen. Phillip. A History of the William Cook Company and the Cook Family from the 18th Century to 1985. 1998. William Cook Publishing Limited. 978-0953151103.
  24. Web site: A Pragmatic Energy Policy for the UK. Fells Associates. 25 May 2016. https://web.archive.org/web/20160820181738/http://fellsassociates.awardspace.com/site/LinkedDocuments/Pragmatic%20Energy%20Policy1.pdf. 20 August 2016. dead.