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Sir John Harvey-Jones dies at 83 | Sir John Harvey-Jones dies at 83 |
(about 5 hours later) | |
Former chairman of chemicals firm ICI Sir John Harvey-Jones has died. | Former chairman of chemicals firm ICI Sir John Harvey-Jones has died. |
The 83-year-old died peacefully in his sleep following a long illness, his agent said. | The 83-year-old died peacefully in his sleep following a long illness, his agent said. |
Sir John, who was knighted for services to industry, was also known for his 1990s BBC show Troubleshooter, in which he helped struggling businesses. | Sir John, who was knighted for services to industry, was also known for his 1990s BBC show Troubleshooter, in which he helped struggling businesses. |
As chairman of ICI from 1982 to 1987, he transformed it from a loss-making company to one making a pre-tax profit of more than £1bn. | As chairman of ICI from 1982 to 1987, he transformed it from a loss-making company to one making a pre-tax profit of more than £1bn. |
Sir John died at Hereford County Hospital. | |
'Bold decisions' | 'Bold decisions' |
The chemicals firm, which makes Dulux paint, was struggling when Sir John became chairman, prompting him to embark on a significant restructuring scheme. | The chemicals firm, which makes Dulux paint, was struggling when Sir John became chairman, prompting him to embark on a significant restructuring scheme. |
Sir John became the acceptable face of capitalism through his television programme Richard Lambert, director general, Confederation of British Industry Obituary: Sir John Harvey-Jones | Sir John became the acceptable face of capitalism through his television programme Richard Lambert, director general, Confederation of British Industry Obituary: Sir John Harvey-Jones |
One of his strategies was to focus on a limited number of businesses at the firm, by selling off some of its non-core operations. | One of his strategies was to focus on a limited number of businesses at the firm, by selling off some of its non-core operations. |
"He brought a sense of adventure and dynamism to the bureaucracy of ICI and made some bold decisions," said Richard Lambert, director general of the Confederation of British Industry. | "He brought a sense of adventure and dynamism to the bureaucracy of ICI and made some bold decisions," said Richard Lambert, director general of the Confederation of British Industry. |
But it was his television show, broadcast in the 1990s, that made him known by the wider public. | But it was his television show, broadcast in the 1990s, that made him known by the wider public. |
"He subsequently became the acceptable face of capitalism through his television programme and brought the world of business to millions in an accessible way," said Mr Lambert. | "He subsequently became the acceptable face of capitalism through his television programme and brought the world of business to millions in an accessible way," said Mr Lambert. |
Sir John, who joined ICI as a junior manager before going on to join the board in 1973, was awarded the title of Industrialist of the Year for the third consecutive year in 1988. | Sir John, who joined ICI as a junior manager before going on to join the board in 1973, was awarded the title of Industrialist of the Year for the third consecutive year in 1988. |
Since then, however, ICI's outlook has changed significantly. | Since then, however, ICI's outlook has changed significantly. |
At the start of this year, Holland's Akzo Nobel announced the completion of its £8bn ($15.6bn) takeover of ICI. | At the start of this year, Holland's Akzo Nobel announced the completion of its £8bn ($15.6bn) takeover of ICI. |