John Rishton Explained

John Frederick Rishton (born 21 February 1958) is a British business executive who currently sits as the Chair of Serco and Informa. He was previously the CEO of Rolls-Royce from March 2011 to July 2015.[1] [2]

Biography

Rishton holds a Bachelor of Arts in Economics from the University of Nottingham.

He joined Ford Motor Company and worked with the company for 15 years, qualifying as an accountant and later becoming finance director of the company's Portuguese and Spanish operations. He joined British Airways in 1994 as the head of finance for the United States division. He became its chief finance officer in 2001. When the September 11 attacks took place, he was recognized for encouraging a program to re-structure the company and reduce its debt. He left BA in September 2005. Rishton joined Ahold in January 2006 as finance director and in November 2007 became head of the retailer replacing Anders Moberg.[3] In March 2011, he was appointed Chief Executive of Rolls-Royce.[4]

On 22 April 2015 it was announced that Rishton would retire on 2 July 2015, and has been succeeded by Warren East as CEO of Rolls-Royce.[5]

Since September 2016,[6] Rishton has sat on the Board of Serco, and assumed the role of Chair in April 2021.[7] He was appointed chair of Informa in January 2021.[8]

Family

Rishton is married and has three children.

References

  1. News: Jones. Rhys. Rolls-Royce CEO to retire. 5 February 2011. 30 September 2010. Potter, Mark. Reuters.
  2. News: The business on: John Rishton, chief executive, Rolls-Royce. https://ghostarchive.org/archive/20220613/https://www.independent.co.uk/news/people/profiles/the-business-on-john-rishton-chief-executive-rollsroyce-6262283.html . 13 June 2022 . subscription . live. The Independent. 7 March 2013. London. James. Moore. 15 November 2011.
  3. News: King . Ian . Business big shot: John Rishton, chief executive of Ahold . . 19 November 2009 .
  4. Web site: profile. Bloomberg Businessweek. 5 March 2013.
  5. News: 2015-04-22. Rolls-Royce appoints new chief executive. en-GB. BBC News. 2021-06-25.
  6. Web site: Chair Succession – Company Announcement - FT.com . 2024-02-17 . markets.ft.com.
  7. Web site: MarketScreener . 2021-01-12 . Serco Group plc Announces Changes to Its Board -January 12, 2021 at 05:30 pm IST MarketScreener . 2024-02-17 . in.marketscreener.com . en.
  8. News: Lea . Robert . 7 January 2021 . Former Rolls-Royce boss John Rishton back at top as Informa chairman . The Times.