Andrew_Dougal

Andrew Dougal

Andrew Dougal

British businessman

Andrew James Harrower Dougal (born September 1951)[1] is a British businessman particularly associated with the financial and general management of industrial companies.

Dougal worked with Hanson plc, the former Anglo-American diversified industrial group, in a range of general and financial management roles, rising to be group finance director, from 1986 until 1997 when the Hanson demerger took place. He was then appointed chief executive of Hanson and he remained in that role until his retirement in 2002.[2][3] After the demerger, Hanson focused on building materials, becoming the world's biggest aggregates supplier and the second largest supplier of ready-mixed concrete.[4] Dougal left Hanson with a large pay-off (variously reported at between £400,000 and £660,000, plus a pension top-up of £636,700) after quitting the group to "rebalance" his life.[5][6]

Dougal is a member of the Institute of Chartered Accountants of Scotland and was formerly a member of its Council[2] and has advised on the responsibilities of non-executive directors.[7][8]

Non-executive director roles

After his retirement from Hanson, Dougal became a portfolio non-executive director. He was a director of Taylor Wimpey, Taylor Woodrow (2002–2011) and Creston plc (2006–2015),[9] chairing the audit committee in all three. He has also been a non-executive director of Premier Farnell (resigning in 2015)[10] and BPB plc.[2]

Dougal was appointed a non-executive director of Carillion plc in October 2011, chairing its audit committee,[2][11] and was a member of the board in the run-up to Carillion going into liquidation on 15 January 2018.[12] In January 2021, the Insolvency Service said it would seek to ban eight former Carillion directors, including Dougal, from holding senior boardroom positions.[13][14] However, a trial due to start on 16 October 2023 was cancelled after the Insolvency Service decided it was not in the public interest to continue the proceedings against the former directors including Dougal.[15]

He was a non-executive director of Victrex plc (appointed March 2015),[3] but resigned in February 2018 after being included on an Investment Association listing following the liquidation of Carillion.[16]

References

  1. [1]
    "Andrew James Harrower DOUGAL". Companies House. Retrieved 17 January 2018.
  2. [2]
    "Andrew Dougal, non-executive director". Carillion. Archived from the original on 15 January 2018. Retrieved 17 January 2018.
  3. [3]
    "Andrew Dougal - Non-executive Director". Victrex. Retrieved 17 January 2018.[permanent dead link]
  4. [4]
    "On aggregate, Hanson is a buy". Guardian. 10 December 1999. Retrieved 17 January 2018.
  5. [5]
    Osborne, Alistair (20 April 2002). "Hanson stands by chief's huge payoff". Telegraph. Retrieved 17 January 2018.
  6. [6]
    Cope, Nigel (12 March 2003). "Ex-Hanson chief gets £660,000 plus pension top-up". Independent. Archived from the original on 18 January 2018. Retrieved 17 January 2018.
  7. [7]
    "Andrew Dougal - What are the essential elements of a well-performing Board?". Critical Eye. Retrieved 17 January 2018.
  8. [8]
    "Eight Commandments for Non-executives" (PDF). CA Magazine. ICAS. 1 June 2017. Retrieved 17 January 2018.
  9. [9]
    Harrington, Andrew (5 June 2015). "Creston non-exec Andrew Dougal stands down". PR Week. Retrieved 17 January 2018.
  10. [10]
    "Andrew Dougal - Retirement from the Board". Premier Farnell. Retrieved 17 January 2018.
  11. [11]
    "Andrew Dougal appointed as a non-executive director of Carillion". Property Magazine Europe. 4 October 2011. Retrieved 17 January 2018.
  12. [12]
    Sillars, James (16 January 2018). "Carillion collapse: The key personnel at the firm". Sky News. Retrieved 17 January 2018.
  13. [13]
    Partington, Richard (13 January 2021). "Legal bid launched to ban ex-Carillion directors from top boardroom roles". Guardian. Retrieved 13 January 2021.
  14. [14]
    "Carillion directors face boardroom bans". The Construction Index. 14 January 2021. Retrieved 14 January 2021.
  15. [15]
    Weinfass, Iain (13 October 2023). "Insolvency Service drops case against former Carillion chair and CEO". Construction News. Retrieved 17 October 2023.
  16. [16]
    Kleinman, Mark (12 February 2018). "Victrex added to City blacklist after Carillion director quits". Sky News. Retrieved 12 February 2018.


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