Michael Roney Explained

Michael Roney
Birth Name:Michael James Roney
Birth Date:13 July 1954
Nationality:American
Alma Mater:University of Michigan
Occupation:Businessman
Years Active:1981–
former CEO, Bunzl
Term:2005–2016
Successor:Frank van Zanten
Boards:Brown-Forman Corporation, Azelis Group, Next plc, Grafton Group

Michael James Roney (born July 13, 1954) is an American businessman. He was the chief executive of Bunzl plc, a British multinational distribution and outsourcing company, from 2005 to 2016. He has been the chairman of Next plc and Grafton Group since 2017.

Early life

Michael Roney was born on July 13, 1954. He was educated in Roman Catholic private schools in Detroit, Michigan.[1] He graduated with an MBA from the Stephen M. Ross School of Business, University of Michigan in 1981.[2]

Career

Roney began his career as an accountant from 1978 to 1980.[1] He worked for the Goodyear Tire and Rubber Company from 1981 to 2005.[1]

Roney became a non-executive director of Bunzl in June 2003. In October 2005 he became CEO. He stood down as CEO in April 2016, and was succeeded by Frank van Zanten.[3]

Roney was a non-executive director of Johnson Matthey plc from 2007 until 2014 and is a non-executive director of Brown-Forman Corporation.[4]

In July 2016, Roney became a non-executive director of Azelis Group, the global speciality chemicals distributor.[5] Roney has been the chairman of Next plc (succeeding John Barton) and Grafton Group since 2017.[6] [7] [8] [9]

Personal life

Roney met his future wife in Argentina.[1] They have four children, and reside in St John's Wood, London, UK.[1]

Notes and References

  1. News: Tovey. Alan. 'We're not buying brands... but people and customer lists that give profits'. September 15, 2017. The Daily Telegraph. January 30, 2016.
  2. Web site: Michael Roney: Chief Executive Officer at Bunzl . LinkedIn . November 16, 2012.
  3. News: Bunzl feeling the heat as 26.2pc of shareholders reject executive pay deal. Rhiannon. Bury. The Telegraph . April 20, 2016. September 15, 2017. www.telegraph.co.uk.
  4. Web site: Michael J. Roney: Executive Profile . BusinessWeek . November 16, 2012.
  5. Web site: Appointment of Michael Roney to the Azelis Board of Directors. azelis.com. September 15, 2017.
  6. Web site: Next names Michael Roney as next chairman. Razak. Musah. marketwatch.com. September 15, 2017.
  7. Web site: Michael Roney, Next PLC: Profile & Biography. Bloomberg. September 15, 2017.
  8. News: Roney's Next move presents stern test. Deirdre Hipwell. Retail Editor. February 15, 2017. September 15, 2017. www.thetimes.co.uk.
  9. Web site: Appointment of Non-Executive Chairman. www.graftonplc.com. September 15, 2017.