Stewart Milne

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Stewart Milne
CBE
Born23 July 1950 (1950-07-23) (age 74)
Aberdeen, Scotland
Known forChairman of Aberdeen F.C. (1998 - 2019)

Stewart Milne CBE, DBA, DTech (born 23 July 1950) [1] is a Scottish businessman and former football club chairman, from Alford, Aberdeenshire.

Milne is a major shareholder in Aberdeen F.C., and joined the club's board of directors in 1994 to replace Dick Donald, subsequently becoming chairman in 1998. In November 2019, shortly after opening a new training facility on the western outskirts of the city, he announced that he would be stepping down as chairman. [2]

He has an honorary doctorate in business administration from Robert Gordon University (December 2000), [3] and an honorary doctorate of technology from Edinburgh Napier University (November 2007),[ citation needed ] and an honorary doctorate from Heriot-Watt University, in recognition of his outstanding entrepreneurial contribution to the housebuilding, construction and property development industry and to the Scottish economy, also for services to higher education in Scotland.[ citation needed ] He earned the 2005 Scottish Entrepreneur of the Year award. In the 2008 New Year Honours, he was awarded a CBE for services to the housebuilding industry in Scotland. [4]

Stewart Milne Group

Milne founded the Aberdeen-based Stewart Milne Construction Group, a housebuilding contractor, in 1975. He started off his business renovating bathrooms.

Stewart Milne Group sold its timber frame manufacturing subsidiary to Fife-based James Donaldson & Sons in 2021. [5] In April 2022, the group announced that the housebuilding business was up for sale. [6] In January 2024, the Scottish housebuilding business went into administration with the loss of 217 jobs, [7] due to "the slump in the oil-linked property market around Aberdeen and the firm's hesitance to buy land during Covid". [8] The group's English subsidiary, [9] Manchester-based Stewart Milne Homes North West England (Developments) Ltd, also went into administration, on 12 January 2023, with Homes England set to lose up to £9.2m as a result. [10] The group collapsed owing suppliers and subcontractors £153m. [11]

References

  1. ↑ "Biographies — The Entrepreneurial Exchange".
  2. ↑ Aberdeen chairman Stewart Milne to step down as club may look to stay at Pittodrie, The Scotsman, 22 November 2019
  3. ↑ "Graduation December 2000" (PDF). rgu.ac.uk. 2001. Archived from the original (PDF) on 2 November 2013. Retrieved 12 July 2012.
  4. ↑ "Award for one of Aberdeen College's most famous former students | Aberdeen City News | STV Local". local.stv.tv. 2011. Archived from the original on 11 July 2012. Retrieved 3 June 2011.
  5. ↑ Findlay, Keith (16 December 2021). "Stewart Milne Group focused on housebuilding after sale of timber kit arm". Press and Journal. Retrieved 20 December 2021.
  6. ↑ Prior, Grant (21 April 2022). "Stewart Milne Group puts house builder up for sale". Construction Enquirer. Retrieved 21 April 2022.
  7. ↑ Paterson, Laura (9 January 2024). "Fears grow for housebuilders after Stewart Milne Group enters administration". The Standard. Retrieved 9 January 2024.
  8. ↑ Gayne, Daniel (31 January 2024). "How and why Stewart Milne collapsed: analysing the numbers". Building. Retrieved 31 January 2024.
  9. ↑ "Stewart Milne's English construction business set to follow rest of firm into administration". Building. 10 January 2024. Retrieved 10 January 2024.
  10. ↑ Weinfass, Iain (22 January 2024). "Exclusive: Homes England owed £9.2m by collapsed Stewart Milne". Construction News. Retrieved 22 January 2024.
  11. ↑ Prior, Grant (22 February 2024). "Stewart Milne went down owing supply chain £153m". Construction Enquirer. Retrieved 23 February 2024.
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