Simon Antony Peckham (born 13 August 1962[1]) is a British businessman. He was the chief executive (CEO) of Melrose plc (between 2012–2024), a British investment company specialising in the acquisition and performance improvement of underperforming businesses. In 2014, he was the highest paid FTSE-100 CEO, earning £31 million worth of Melrose shares as an incentive scheme matured.
Simon Peckham | |
|---|---|
| Born | Simon Antony Peckham 13 August 1962 |
| Nationality | British |
| Education | Dame Allan's School |
| Occupation | Businessman |
| Years active | 1983–present |
| Title | CEO, Melrose plc |
| Term | 2012–2024 |
| Successor | Peter Dilnot |
| Children | 2 |
Early life
editPeckham's father was HR director of a printing firm, and his mother a nurse and then a probation officer. He has a brother. He went to Dame Allan's School, Newcastle upon Tyne and read law at Newcastle University.[1]
Career
editPeckham qualified as a solicitor in 1986.[2] He practiced at Clifford Chance.[3]
He joined Wassall plc in 1990 and became corporate development director in 1999.[4][2]
From October 2000 to May 2003, he worked for the equity finance division of The Royal Bank of Scotland.[3]
Melrose
editPeckham is one of the founders of Melrose, and was chief operating officer and secretary from 2003. He had previously worked with fellow founders Roper and Miller at Wassall.
Peckham has been Melrose CEO since 9 May 2012, and CEO of Elster Group since 24 August 2012. In 2014, Peckham was the highest-paid FTSE-100 CEO, earning £31 million, this was due to the maturing of a five year share incentive scheme paid out to the three founders of Melrose.[5]
Melrose’s £8bn purchase of GKN in 2018 was the biggest hostile takeover in the City of London since Kraft’s successful hostile takeover of Cadbury in 2009 and triggered a backlash from certain politicians and trade unions over fears of cuts to UK jobs and investment.[6]
Personal life
editPeckham is married and has two daughters.[1]
References
edit- ^ a b c Collingridge, John. "Simon Peckham, Melrose interview: We're not asset strippers, we just want to improve GKN". ISSN 0140-0460. Retrieved 4 August 2021.
- ^ a b "Directors". Melrose. Retrieved 3 March 2017.
- ^ a b Kollewe, Julia (29 March 2018). "Melrose trio who sought biggest deal yet with GKN – and biggest challenge". The Guardian.
- ^ "Simon A. Peckham: Executive Profile". Bloomberg LP. Retrieved 3 March 2017.
- ^ Ellis, Mark (17 October 2014). "UK's highest-paid boss takes just 49 MINUTES to earn annual living wage". Daily Mirror. Retrieved 3 March 2017.
- ^ "Info". www.ft.com. Retrieved 21 January 2020.
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