Richard Burrows Explained

Richard Burrows
Birth Name:Richard George William Burrows
Birth Date:1946 1, df=yes
Nationality:Irish
Education:Wesley College (Dublin)
Occupation:Businessman
Years Active:1967–present
Former chairman of British American Tobacco
Term:2009–2021
Predecessor:Jan du Plessis
Boards:Rentokil Initial, CityJet, Carlsberg Group, Pernod Ricard[1]

Richard George William Burrows (born 16 January 1946) is an Irish businessman. He is the chairman of British American Tobacco plc (informally BAT), the world's largest tobacco company by sales, and former chief executive of Irish Distillers.[2] In October 2016, Burrows became the chairman of Craven House Capital, an AIM-listed company that specializes in restructuring, expansion and turnaround investments in crisis and transitioning economics.[3]

Early life

Burrows is a graduate of Wesley College (Dublin).

Career

Burrows joined accounting firm Stokes Brothers & Pim (which later became part of KPMG) at the age of 17 as a trainee accountant.[4] Burrows was seconded to Irish Distillers to assist in a proposed merger with Waterford Glass, P.J. Carroll & Co. and the Irish Glass Bottle Company. In 1971 he joined Irish Distillers full-time and became its chief executive in 1978. Irish Distillers was acquired by Pernod-Ricard S.A. in 1988[5] and Burrows later became joint CEO of Pernod-Ricard.

Burrows became Governor (that is, chairman) of the Bank of Ireland in 2006, a post from which he resigned in June 2009.[6]

Burrows joined the board of British American Tobacco plc as a non-executive director in September 2009 and became chairman on 1 November 2009.[7] He stood down as chairman and retired from the board at the company's 28 April 2021 AGM, and was succeeded by Luc Jobin.[8]

Honours and awards

In June 1996, he was made a Chevalier of the French Legion of Honour.

Notes and References

  1. Web site: Executive Profile: Richard Burrows . https://web.archive.org/web/20121009130549/http://investing.businessweek.com/research/stocks/people/person.asp?personId=1466413&ticker=BATS:LN&previousCapId=326614&previousTitle=BRITISH%20AMERICAN%20TOBACCO%20PLC . dead . 9 October 2012 . Business Week . 9 December 2012.
  2. News: Reynolds American wants BAT to up offer . Business World . November 16, 2016 . David . Ruth . November 23, 2016.
  3. News: Richard Burrows becomes chair of Craven House Capital . The Business Post . October 9, 2016 . Burke . Rolsin . November 23, 2016.
  4. News: Una . McCaffrey . February 24, 2006 . Burrows unruffled by whiff of whiskey treason . .
  5. News: Pernod-Ricard Bid Prevails In Battle for Irish Distillers. 25 November 1988. .
  6. News: Ireland bailout: Banker who got out just in time . The Guardian . 26 November 2010. 30 October 2012 . London . Richard . Wachman.
  7. Web site: BAT>About us>Board of Directors: Richard Burrows, Chairman . BAT . 30 October 2012.
  8. News: Markets- British American Tobacco Appoints Luc Jobin To Succeed Richard Burrows As Chairman . 30 May 2021 . Nasdaq . 15 October 2020.