Dalton Philips

Last updated

Dalton Philips
Born
Timothy David Dalton Philips

(1968-02-18) 18 February 1968 (age 55)
NationalityIrish
Education Stowe School
Alma mater University College Dublin
Harvard University
OccupationBusinessman
Years active1989–present
TitleChief Executive of Greencore
Term26 September 2022-present
Children3

Timothy David Dalton Philips (born 18 February 1968) is an Irish businessman. He currently serves as the CEO of Greencore since September of 2022. [1]

Contents

He was the CEO of the UK supermarket chain Morrisons from January 2010 until March 2015, when he was succeeded by David Potts. He was the chief executive of DAA, the Irish state-owned global airports and travel retail group which runs Dublin and Cork airports until September 2022.

Early life

Born in Ireland, Philips is the son of the late Tim Philips, who was managing director of Ballyfree Farms, and the grandson of Osbourne David Philips, an American entrepreneur who invented the plastic zip-lock. [2] Philip's mother Susan was a Independent member of Wicklow County Council and a politics tutor at University College Dublin.

Philips attended Stowe School in Buckinghamshire, has a BA in geography/Greek & Roman civilisation (1990) from University College Dublin, [3] an MBA from Harvard Business School and an honorary doctorate of management from the University of Bradford.[ citation needed ]

Career

His retailing career began in New Zealand, where he began as a store manager. [4] He then had 11 jobs in 14 countries, including an appointment to Jardine Matheson's Dairy Farm International. [5] He joined Walmart in 1998, and after working in Brazil, rose to the position of Chief Operating Officer in Germany. He then joined the Weston family retail operation as CEO of upmarket Irish department store group Brown Thomas in 2007, and then becoming chief operating officer of Canadian retailer Loblaw in January 2007, under Allan Leighton. [6]

After Morrisons CEO Marc Bolland announced his departure to Marks and Spencer in December 2009, Philips was appointed in a surprise move as his replacement in January 2010. [4] However, Leighton worked with Morrisons chairman Sir Ian Gibson during his tenure at Asda, and is good friends with founder Sir Ken Morrison. [6] [5]

At Morrisons annual AGM[ clarification needed ] in June 2014, Morrisons former chairman Morrison blasted Phillips and his new board of directors for their running of the company Morrison inherited from his father, stating, "I have something like 1000 bullocks and, having listened to your presentation, Dalton, you’ve got a lot more bullshit than me". [7] Morrison's comments were backed up by his nephew Chris Blundell, who controls most of the remaining family stake in the supermarket, also told the board it needed rescuing, and welcomed the decision by chairman Sir Ian Gibson to leave the business next year after months of pressure. [8]

In January 2015, Philips was ousted as chief executive of Wm Morrison after several years of poor performance, a halving of profit and a series of strategic U-turns at what was previously one of Britain’s most successful supermarket chains. [9] [10]

Philips, as well as being the former chairman of Byron, and of the Ridgeon Group, is currently[ when? ] a senior advisor with the Boston Consulting Group, and is a director on three other boards: industrial plastic group One51 Plc., the UK High Street retailer Wilko, and the Social Innovation Fund, a provider of growth capital to Irish social enterprises.[ citation needed ]

In October 2017, after moving back to his native Ireland from Yorkshire, Philips became chief executive of DAA, a global airports and travel retail group owned by the Irish State and headquartered at Dublin Airport. [11]

Philips was a member of the Irish government's high-level task force on covid-19 vaccination rollout. [3]

In 2020, Philips was awarded UCD Alumnus of the Year in Arts & Humanities. [12]

In May 2022, Philips announced he would be leaving DAA to join Greencore. [13]

Tenure at DAA

Dalton was CEO of DAA from 2017-2022. In 2019, the DAA saw record-breaking passenger numbers. [14] In 2020, Covid was “the most serious crisis that has ever faced the international aviation sector and our business,” according to Dalton. [2] By June 2020, the pandemic had already cost DAA €160m in lost revenue, with passengers decreased by 99%. [7] The DAA implemented a series of public health measures to protect and enhance the health and safety of passengers and staff as a result of Covid-19. [9] In October 2020, Dublin Airport anti-Covid-19 measures received accreditation from global industry body Airports Council International (ACI). [15]

In 2022, Dublin Airport’s north runway came into operation . The runway cost €320 million, opening on time and on budget at no cost to the taxpayer. [12]

On 1 June 2022, Dalton was called to appear before the Oireachtas transport committee. [16] Dalton's daa, having presided over multiple days of prolonged queues, more than 1,000 passengers missing a flight in one day [17] and providing no guarantee that such queues would not return [18] was described by Minister of State in the Department of Finance, Seán Fleming as a "reflection of bad management, full stop". [19] The Taoiseach said the delays are "unacceptable for passengers and their families." [19]

In May 2021, Phillips had defended the decision to lay off 2,000 of DAA's 7,750 staff, despite the state backstop in place at the time as necessary, stating, "if you had that [bailout] mentality, it’s all over...we have to carry our own water." [20] The decision to fire so many staff was criticised in June 2022 in Dáil Éireann, with deputies claiming that the resultant airport delays had made Ireland in to a "laughing stock". [19]

Personal life

Philips has other business interests including a number of non-executive directorships, and is known to have a public Christian profile. [21] Philips has three children and is married to Penny Nesbitt, a member of the family who previously owned Arnotts department store, and speaks Spanish, Italian and Portuguese. [3]

Related Research Articles

Aer Lingus is the flag carrier of Ireland. Founded by the Irish Government, it was privatised between 2006 and 2015 and it is now a wholly owned subsidiary of International Airlines Group (IAG). The airline's head office is on the grounds of Dublin Airport in Cloghran, County Dublin.

<span class="mw-page-title-main">Marks & Spencer</span> British multinational department store company

Marks and Spencer plc is a major British multinational retailer with headquarters in Paddington, London that specialises in selling clothing, beauty products, home products and food products. It is listed on the London Stock Exchange (LSE) and is a constituent of the FTSE 100 Index.

<span class="mw-page-title-main">Morrisons</span> British supermarket chain

Wm Morrison Supermarkets Limited, trading as Morrisons, is the fifth largest supermarket chain in the United Kingdom. As of 2021, the company had 497 supermarkets across England, Wales and Scotland, and one in Gibraltar. The company is headquartered in Bradford, England.

<span class="mw-page-title-main">Ryanair</span> Low-cost airline of Ireland

Ryanair Holdings PLC is an Irish ultra low-cost carrier group headquartered in Swords, Dublin, Ireland. The company includes the subsidiaries Ryanair DACTooltip Designated activity company, Malta Air, Buzz, Lauda Europe and Ryanair UK. Ryanair DAC, the oldest airline of the group, was founded in 1984. Ryanair Holdings was established in 1996 as a holding company for Ryanair with the two companies having the same board of directors and executive officers. In 2019 the transition began from the airline Ryanair and its subsidiaries into separate sister airlines under the holding company. Later in 2019 Malta Air joined Ryanair Holdings.

<span class="mw-page-title-main">Dublin Airport</span> International airport near Dublin, Ireland

Dublin Airport is an international airport serving Dublin, Ireland. It is operated by DAA. The airport is located in Collinstown, 7 km (4.3 mi) north of Dublin, and 3 km (1.9 mi) south of the town of Swords. In 2019, 32.9 million passengers passed through the airport, making it the airport's busiest year on record. It is the 12th busiest airport in Europe, and is the busiest of Ireland's airports by total passenger traffic; it also has the largest traffic levels on the island of Ireland, followed by Belfast International Airport.

<span class="mw-page-title-main">Cork Airport</span> International airport in Ireland

Cork Airport is the second-largest of the three principal international airports in Ireland, after Dublin and ahead of Shannon. It is located in Cork City, 6.5 km (4.0 mi) south of the city centre in an area known as Farmers Cross. In 2018, Cork Airport handled 2.39 million passengers, growing by over 8% to 2.58 million in 2019. Following a decline during the COVID-19 global pandemic, which saw passenger numbers fall to 530,000 in 2020, numbers in 2022 rose to 2.24 million.

Justin Matthew King, CBE is an English businessman. King served as the CEO of J Sainsbury plc, parent company of the supermarket chain Sainsbury's, for ten years before stepping down in July 2014.

<span class="mw-page-title-main">DAA (Irish company)</span>

DAA plc, previously Dublin Airport Authority, is a commercial semi-state airport company in Ireland. The company owns and operates Dublin Airport and Cork Airport. Its other subsidiaries include the travel retail business Aer Rianta International and DAA International.

<span class="mw-page-title-main">Philip Green</span> British businessman (born 1952)

Sir Philip Nigel Ross Green is a British businessman who was the chairman of the retail company Arcadia Group. He owned the high street clothing retailers Topshop, Topman, and Miss Selfridge from 2002 to 2020. In May 2023, his net worth was estimated by the Sunday Times Rich List to be £910 million.

Greencore Group plc is a food company in Ireland. It was established by the Irish government in 1991, when Irish Sugar was privatised, but today Greencore's products are mainly convenience foods, not only in Ireland but also in the United Kingdom. A major supplier to British and Irish supermarkets, Greencore is the largest sandwich manufacturer in the world. It is listed on the London Stock Exchange.

Aer Rianta International cpt (ARI) is an airport and retail holding and management company, registered in Dublin and with its head office at Dublin Airport. ARI is a subsidiary of Ireland's state-owned DAA.

Sir Kenneth Duncan Morrison CBE was an English businessman, Life President, and former chairman of Morrisons, the fourth largest supermarket group in the United Kingdom. He was the son of William Morrison, who founded the company.

<span class="mw-page-title-main">Galen Weston Jr.</span> Chairman and president of the Loblaw Companies

Willard Galen Garfield Weston, known as Galen Weston Jr. or Galen G. Weston, is an Irish-Canadian businessman and a member of the prominent Weston family. He serves as chairman and chief executive officer (CEO) of George Weston Limited, as well as executive chairman and president of Loblaw Companies Limited. He is the second child and only son of Galen Weston and Hilary Weston.

Seán FitzPatrick was an Irish banker who was chief executive and then chairman of Anglo Irish Bank, until he resigned in December 2008 amid mounting revelations over hidden loans. The scandal precipitated a collapse of the bank's share price which in turn led to its nationalisation on 21 January 2009. He was declared bankrupt in 2010. He was later prosecuted but acquitted of any criminal offence in relation to his role in the banking crisis.

Marc Bolland is a Dutch businessman, who was the CEO of Marks & Spencer, after having been CEO of UK supermarket company Morrisons.

Neil Pakey is the CEO of Nieuport Aviation, and has been Chair of the UK's Regional and Business Airports Group since 2016. He was CEO of Shannon Airport until June 2016. His 3-year tenure in turning around Shannon was regarded as a major success, according to Shannon Group chairwoman Rose Hynes. He was elected Chairman of the UK Regional and Business Airports’ Group in 2016.

David Tom Potts, CBE is a British corporate executive. He was the CEO of the British supermarket chain Morrisons until November 2023, having succeeded Dalton Philips in 2015.

<span class="mw-page-title-main">John Fingleton (economist)</span> Irish economist and public official (b. 1965)

John Anthony Fingleton is an Irish-British economist and former CEO of the Office of Fair Trading. He is Senior Independent Member of the Innovate UK Board.

<span class="mw-page-title-main">Economic impact of the COVID-19 pandemic in the Republic of Ireland</span> Overview of the economic impact of the COVID-19 pandemic in the Republic of Ireland

The COVID-19 pandemic has had a deep impact on the Irish economy, leading it into a recession. Essential public health measures announced by the Irish Government to contain the spread of COVID-19 resulted in the largest monthly increase in unemployment in the history of the Republic of Ireland during March 2020. By 24 April, there were more than one million people in receipt of support interventions to the labour market, including those in receipt of the COVID-19 Pandemic Unemployment Payment and the COVID-19 Temporary Wage Subsidy Scheme. While there were job losses in all sectors, individuals working in tourism, hospitality, food and retail have seen the largest job losses.

References

  1. "Appointment of Dalton Philips as CEO".
  2. 1 2 "Tim was a man of huge achievement".
  3. 1 2 3 "Dalton Philips - The Airport Boss Who Always Wanted To Fly". Extra.ie. 31 May 2022. Retrieved 1 June 2022.
  4. 1 2 "Morrisons names Dalton Philips as new chief executive". BBC News. 28 January 2010. Retrieved 28 January 2010.
  5. 1 2 Leroux, Marcus; King, Ian (28 January 2010). "Morrisons names its new chief but keeps Bolland waiting at the checkout". The Times. London. Retrieved 28 January 2010.
  6. 1 2 Wood, Zoe (28 January 2010). "Morrisons appoints Irishman Dalton Philips as new chief executive". The Guardian. London. Retrieved 28 January 2010.
  7. 1 2 Neville, Simon (6 June 2014). "Morrisons founder Sir Ken sticks the knife into chief exec". Evening Standard. Retrieved 1 June 2022.
  8. "Sir Ken Blasts Morrisons CEO, Chairman and the board of directors". The Independent. 6 June 2014. Retrieved 6 June 2014.
  9. 1 2 "Dalton Philips ousted as Morrison chief executive". Financial Times. 13 January 2015. Retrieved 1 June 2022.
  10. "Philips pays the price for Morrisons' slump in sales". dailybusinessgroup. 13 January 2015. Retrieved 13 January 2015.
  11. Taylor, Charlie (31 August 2017). "Former Morrisons boss Dalton Philips named DAA chief executive". The Irish Times. Retrieved 6 December 2020.
  12. 1 2 "Dalton Philips". UCD Alumni Awards. Retrieved 31 August 2022.
  13. O' Halloran, Barry (30 May 2022). "DAA chief Dalton Philips to leave State airports company for Greencore". The Irish Times. Retrieved 30 May 2022.
  14. "Dublin Airport breaks April record with passenger numbers up 7%". The Irish Times. Retrieved 10 May 2023.
  15. "Dublin Airport's anti-Covid measures win industry accreditation". The Irish Times. Retrieved 12 May 2023.
  16. Duffy, Rónán (30 May 2022). "DAA chief to come before Oireachtas Committee as airport told to devise solutions by tomorrow". The Journal.ie. Retrieved 30 May 2022.
  17. "Dublin Airport to report back with solutions by Tuesday after missed flights". BBC News. 30 May 2022. Retrieved 1 June 2022.
  18. "Dublin Airport: 'No guarantee' delays won't return". BBC News. 31 May 2022. Retrieved 1 June 2022.
  19. 1 2 3 "Dublin Airport chaos 'a reflection of bad management'". 1 June 2022.{{cite journal}}: Cite journal requires |journal= (help)
  20. "Dublin Airport's Dalton Philips: 'You really can't communicate too much in a crisis'". Financial Times. 16 May 2021. Retrieved 1 June 2022.
  21. "God at work". Youtube. Retrieved 1 April 2022.
Business positions
Preceded by Chief Executive Officer of Morrisons
20092015
Succeeded by