Nichola Pease Explained

Nichola Pease
Birth Date:3 April 1961[1]
Birth Place:Northumberland, England
Education:University of Exeter
Occupation:Banker
Children:3
Parents:Sir Richard Pease, 3rd Baronet
Anne Heyworth
Relatives:Richard Pease (brother)

Nichola Pease (born 3 April 1961) is a British fund manager.

According to The Sunday Times Rich List in 2019, Pease and her then husband Crispin Odey were worth £775 million.[2]

Early life

Nichola Pease was born in April 1961.[3] Her father, Sir Richard Pease, 3rd Baronet, was a banker.[4] [5] Her mother is Anne Heyworth.[4]

She received a bachelor's degree in English from the University of Exeter.[6] [7]

Career

Pease started her career in finance at Kleinwort Benson in 1983.[5] [6] In 1985, she joined Smith New Court and by 1989, she was a director.[5] [6]

She served as the chief executive officer (CEO) of J.O. Hambro Capital Management from 1998 to 2008,[8] while James Hambro was the chairman.[5] She stepped down as deputy chairman in 2008, when she was replaced as CEO by Gavin Rochussen.[8] Upon its 2011 merger with BT Investment Management, an Australian financial firm, she earned a third of £124 million.[9]

She was on the board of directors of Northern Rock from 1999 to 2007.[7] She was a director of Grainger plc from 2001 to 2005.[7] She is a non-executive director of Schroders.[10]

In 2019, Pease was appointed by Jupiter Fund Management as non-executive chairman.[11]

On 26 April 2023, she stepped down as non-executive chair of Jupiter Fund Management with immediate effect, citing "personal reasons". This followed her recent divorce from Crispin Odey.[12]

On 8 June 2023, the Financial Times released an exposé of how her former husband, Crispin Odey, evaded sexual assault allegations for decades, with thirteen women accusing the hedge fund titan of harassment, abuse and fostering a toxic workplace.[13]

Personal life

She married Crispin Odey, a hedge fund manager, in 1991 before divorcing in 2021.[6] They have three children.[14]

Notes and References

  1. News: Births . . The Times Digital Archive . 5 April 1961 . 1.
  2. News: Rich List 2019: profiles 152-200, featuring JK Rowling, Philip Green and Paul McCartney. Times. The Sunday. . 2019-05-12. 2019-08-14. en. 0140-0460.
  3. Web site: Nichola PEASE - Personal Appointments (free information from Companies House) . Beta.companieshouse.gov.uk . 27 March 2017.
  4. [Charles Mosley (genealogist)|Charles Moseley]
  5. https://www.telegraph.co.uk/finance/2907183/Business-profile-Its-in-the-blood-and-its-a-passion.html Business profile: It's in the blood and it's a passion
  6. https://www.theguardian.com/business/2008/dec/07/banking-newstarassetmanagementgroup Trouble at House of Pease
  7. https://www.bloomberg.com/research/stocks/people/person.asp?personId=8263549&ticker=GRI:LN&previousCapId=876890&previousTitle=G4S%20PLC-UNSPON%20ADR Nichola Pease
  8. Robert Cookson, Pease quits as chief of JO Hambro, Financial Times, 9 October 2008
  9. Miles Costello, ‘Posh of the City’ shares £124m windfall after Australians swoop on fund manager, The Times, 20 July 2011
  10. http://www.schroders.com/global/investor-relations/shareholder-information/the-board?style=tabbed Schroders: Board of Directors
  11. News: Kollewe. Julia. 2019-11-06. Nichola Pease to join firm husband's hedge fund is betting against. en-GB. The Guardian. 2020-07-01. 0261-3077.
  12. News: Jupiter chair Nichola Pease steps down for 'personal reasons' . Financial Times . 26 April 2023 . Dunkley . Emma .
  13. News: How Crispin Odey evaded sexual assault allegations for decades . Financial Times . 8 June 2023 . Marriage . Madison . Cundy . Antonia . Galizia . Paul Caruana .
  14. News: 2005-03-05. Business profile: It's in the blood and it's a passion. The Daily Telegraph. en-GB. 2020-07-01. 0307-1235.