Donald Cruickshank

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Donald Cruickshank
Born
Donald Gordon Cruickshank

September 1942
Elgin, Moray, Scotland [1]
NationalityBritish
Alma mater
OccupationBusinessman
Known for
  • Previous chairman of the London Stock Exchange (2000–2003)
  • Author of UK Government review into Banking (published 2000)

Sir Donald Gordon Cruickshank (born September 1942) [2] is a Scottish businessman, whose career has straddled public and private sector.

Contents

Career

Many of the businesses that Cruickshank has worked for or chaired have been engaged in the media sector. He was managing director of Virgin Group from 1984 to 1989, overseeing its stock market listing and subsequent delisting. [3] In the 1970s and early 1980s, Cruickshank held management positions at The Times Newspapers and Pearson Longman. [4] From 1999 to 2004, he chaired Scottish Media Group (SMG). More recently, he was a board member of Qualcomm (2005–2015) and in 2014 became chairman of 7Digital. [5]

While two of Cruickshank's public service roles – director general of UK telecoms regulator, Oftel, from 1993 to 1998; and chairman of millennium big task force, Action 2000 [6] – had a media slant to them, others were in healthcare and financial services. Between 1986 and 1989, he was CEO of Wandsworth NHS Trust and from 1989 to 1993 he was CEO of NHS Scotland. [7] In 1998 Cruickshank was commissioned by the UK Treasury to review the competitiveness of the UK banking sector, which was published in March 2000. [8] From 2001 to 2007, he was on the board of the Financial Reporting Council.

Cruickshank’s three years as chairman of the London Stock Exchange saw him champion and then walk away from a proposed merger with German Exchange operator, Deutsche Börse; [9] appoint Clara Furse as chief executive; [10] and complete the 200 year old institution's commercialisation by listing it on its own market. [11]

University of Aberdeen

Sir Donald Cruickshank was a member of the Court of the University of Aberdeen, [12] a governor and chairman of its governance committee [13] He stepped down from the court and governance committee in 2011.

Personal life

He was married to Elizabeth, a teacher and solicitor. [14]

Education

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References

  1. "Statutory registers - Births - Search results". Scotland's People. National Records of Scotland and the Court of the Lord Lyon.(subscription required)
  2. "Donald Gordon Cruickshank". UK Companies House. Retrieved 26 August 2016.
  3. "Deep thoughts, big ideas:Profile: Don Cruickshank". The Independent. Retrieved 26 August 2018.
  4. "Public service management flight into the public sector". The Independent. Retrieved 26 August 2018.
  5. "Sir Donald Cruickshank to be made 7Digital chairman". Daily Telegraph. Retrieved 26 August 2018.
  6. "More millennium bug misery". BBC.co.uk. Retrieved 26 August 2018.
  7. "Chief Executive with a healthy track record". The Herald. Retrieved 26 August 2018.
  8. "The Cruickshank Report:competition in the banking sector". UK Practical Law, Thomson Reuters. Retrieved 26 August 2018.
  9. "Cruickshank scraps London's merger plan with Deutsche Boerse". Daily Telegraph. Retrieved 26 August 2018.
  10. "Joining the club". The Economist. Retrieved 26 August 2018.
  11. "LSE to float in July". BBC.co.uk. Retrieved 26 August 2018.
  12. "Court of the University of Aberdeen". Archived from the original on 17 April 2010.
  13. "Governance Committee". Archived from the original on 17 September 2010.
  14. Reyes2023-09-15T08:00:00+01:00, Eduardo. "Tributes to Elizabeth Cruickshank". Law Gazette.