John Chisholm - Revision history

Olivia Rendall at 13:29, 14 April 2015

2015-04-14T13:29:32Z

Claire Robinson at 16:46, 6 April 2010

2010-04-06T16:46:55Z

David at 15:45, 6 April 2010

2010-04-06T15:45:21Z

David at 15:43, 6 April 2010

2010-04-06T15:43:43Z

Claire Robinson at 11:06, 6 April 2010

2010-04-06T11:06:04Z

Claire Robinson at 11:04, 6 April 2010

2010-04-06T11:04:13Z

Claire Robinson at 11:00, 6 April 2010

2010-04-06T11:00:03Z

Claire Robinson at 10:57, 6 April 2010

2010-04-06T10:57:39Z

Claire Robinson at 10:57, 6 April 2010

2010-04-06T10:57:20Z

Claire Robinson at 10:53, 6 April 2010

2010-04-06T10:53:30Z

@@ Line 16: / Line 16: @@
 Appointed Chairman of the [[Medical Research Council]] by the Government, a position he took up in October 2006, he succeeded Sir [[Anthony Cleaver]] who had been in the post since 1998.   Cleaver welcomed Chisholm's appointment, stating that he was a strong advocate for research.   "Sir John's passion in promoting the value of research will be invaluable to the Medical Research Council as we enter a further period of change." <ref>MRC [http://www.mrc.ac.uk/Newspublications/News/MRC001717 MRC News Release] 8 May 2006</ref>
 ==References==
 <references/>

@@ Line 15: / Line 15: @@
 Chisholm was a founding member of the British Government's [[Technology Foresight]] programme, and has been President of the [[Electrical Engineering Association]]. He was President of the [[Institution of Electrical Engineers]] (2005-2006) and President of the [[Institution of Engineering and Technology]] (2006). He was knighted in 1999.<ref>[http://www.iop.org/activity/business/Events/past/file_6075.doc Biographies: Sir John Chisholm CPhys FInstP], Key Insight Business Briefing & Dinner, 10 October 2005, Institute of Physics, Homeland Security and Defence R&D in the UK, acc 6 Apr 2010</ref>
-Appointed Chairman of the [[Medical Research Council]] by the Government, a position he took up in October 2006, he succeeded Sir [[Anthony Cleaver]] who had been in the post since 1998.   Cleaver welcomed Chisholm's appointment stating him as a strong advocate for research.   "Sir John's passion in promoting the value of research will be invaluable to the Medical Research Council as we enter a further period of change." <ref>MRC [http://www.mrc.ac.uk/Newspublications/News/MRC001717 MRC News Release] 8 May 2006</ref>
+Appointed Chairman of the [[Medical Research Council]] by the Government, a position he took up in October 2006, he succeeded Sir [[Anthony Cleaver]] who had been in the post since 1998.   Cleaver welcomed Chisholm's appointment, stating that he was a strong advocate for research.   "Sir John's passion in promoting the value of research will be invaluable to the Medical Research Council as we enter a further period of change." <ref>MRC [http://www.mrc.ac.uk/Newspublications/News/MRC001717 MRC News Release] 8 May 2006</ref>
 ==References==
 <references/>

@@ Line 15: / Line 15: @@
 Chisholm was a founding member of the British Government's [[Technology Foresight]] programme, and has been President of the [[Electrical Engineering Association]]. He was President of the [[Institution of Electrical Engineers]] (2005-2006) and President of the [[Institution of Engineering and Technology]] (2006). He was knighted in 1999.<ref>[http://www.iop.org/activity/business/Events/past/file_6075.doc Biographies: Sir John Chisholm CPhys FInstP], Key Insight Business Briefing & Dinner, 10 October 2005, Institute of Physics, Homeland Security and Defence R&D in the UK, acc 6 Apr 2010</ref>
-Appointed Chairman of the [[Medical Research Council]] by the Government, a position he took up in October 2006, he succeeded Sir Anthony Cleaver who had been in the post since 1998.   Cleaver welcomed Chisholm's appointment stating him as a strong advocate for research.   "Sir John's passion in promoting the value of research will be invaluable to the Medical Research Council as we enter a further period of change." <ref>MRC [http://www.mrc.ac.uk/Newspublications/News/MRC001717 MRC News Release] 8 May 2006</ref>
+Appointed Chairman of the [[Medical Research Council]] by the Government, a position he took up in October 2006, he succeeded Sir [[Anthony Cleaver]] who had been in the post since 1998.   Cleaver welcomed Chisholm's appointment stating him as a strong advocate for research.   "Sir John's passion in promoting the value of research will be invaluable to the Medical Research Council as we enter a further period of change." <ref>MRC [http://www.mrc.ac.uk/Newspublications/News/MRC001717 MRC News Release] 8 May 2006</ref>
 ==References==
 <references/>

← Older revision		Revision as of 15:43, 6 April 2010
Line 1:		Line 1:
−	Sir [[John Chisholm]] became the Executive Chairman of [[QinetiQ]] in 2005, having become the first chief executive of its predecessor, the [[Defence Evaluation and Research Agency]] (renamed QinetiQ in ~~1991~~).<ref>Jonathan Sibun, [http://www.telegraph.co.uk/finance/newsbysector/industry/defence/4553053/Qinetiq-chairman-Sir-John-Chisholm-set-to-retire.html Qinetiq chairman Sir John Chisholm set to retire], The Telegraph, 7 Feb 2009, accessed 6 Apr 2010</ref>	+	Sir [[John Chisholm]] became the Executive Chairman of [[QinetiQ]] in 2005, having become the first chief executive of its predecessor, the [[Defence Evaluation and Research Agency]] (renamed QinetiQ in 2001).<ref>Jonathan Sibun, [http://www.telegraph.co.uk/finance/newsbysector/industry/defence/4553053/Qinetiq-chairman-Sir-John-Chisholm-set-to-retire.html Qinetiq chairman Sir John Chisholm set to retire], The Telegraph, 7 Feb 2009, accessed 6 Apr 2010</ref>

	He became non-executive Chairman of [[QinetiQ]] in October 2006. Sir John is a Fellow of the [[Royal Academy of Engineering]], the [[Royal Aeronautical Society]], the [[Institute of Physics]], and is a Trustee and President of the [[Institute of Engineering & Technology]] (formerly the Institution of Electrical Engineers).<ref>[http://www.brunel.ac.uk/about/hongrads/2006/chisholm.bspx Sir John Chisholm], Brunel University website, accessed 6 Apr 2010</ref>		He became non-executive Chairman of [[QinetiQ]] in October 2006. Sir John is a Fellow of the [[Royal Academy of Engineering]], the [[Royal Aeronautical Society]], the [[Institute of Physics]], and is a Trustee and President of the [[Institute of Engineering & Technology]] (formerly the Institution of Electrical Engineers).<ref>[http://www.brunel.ac.uk/about/hongrads/2006/chisholm.bspx Sir John Chisholm], Brunel University website, accessed 6 Apr 2010</ref>

@@ Line 11: / Line 11: @@
 :At the time I told the defence secretary ([[George Robertson]]) that this would be a bloody scandal but the treasury under [[Gordon Brown]] insisted on selling a stake in the agency to cut the defence budget... Frankly the money made by by the leading civil servants was obscene.  This is shown by the facts themselves.  They did not contribute anything to the turnaround of the company.<ref>David Hencke, [http://www.guardian.co.uk/uk/2007/nov/21/military.immigrationpolicy Auditors condemn rushed MoD sale that turned civil servants into multimillionaires], Guardian 21st November 2007, acc 6 Apr 2010</ref>
-In 2008, the chairman of the House of Commons [[Public Accounts Committee]] accused Chisholm of "profiteering at the expense of the taxpayer".<ref>Jonathan Sibun, [http://www.telegraph.co.uk/finance/newsbysector/industry/defence/4553053/Qinetiq-chairman-Sir-John-Chisholm-set-to-retire.html Qinetiq chairman Sir John Chisholm set to retire], The Telegraph, 7 Feb 2009, accessed 6 Apr 2010</ref> In response, Chisholm stated that the criticisms were “grossly unfair”, and that "the reshaping of Qinetiq had been the greatest achievement of my working life”.<ref>Jonathan Sibun, [http://www.telegraph.co.uk/finance/newsbysector/industry/defence/4553053/Qinetiq-chairman-Sir-John-Chisholm-set-to-retire.html Qinetiq chairman Sir John Chisholm set to retire], The Telegraph, 7 Feb 2009, accessed 6 Apr 2010</ref> At that time, his stake was worth just over £21m.<ref>Dominic O’Connell, [http://business.timesonline.co.uk/tol/business/industry_sectors/technology/article5683362.ece £20m boss of Qinetiq set to retire], Times Online Feb 8 2009, acc 6 Apr 2010</ref>
+In 2008, the chairman of the House of Commons [[Public Accounts Committee]] accused Chisholm of "profiteering at the expense of the taxpayer".<ref>Jonathan Sibun, [http://www.telegraph.co.uk/finance/newsbysector/industry/defence/4553053/Qinetiq-chairman-Sir-John-Chisholm-set-to-retire.html Qinetiq chairman Sir John Chisholm set to retire], The Telegraph, 7 Feb 2009, accessed 6 Apr 2010</ref> In response, Chisholm stated that the criticisms were “grossly unfair”,<ref>Dominic O’Connell, [http://business.timesonline.co.uk/tol/business/industry_sectors/technology/article5683362.ece £20m boss of Qinetiq set to retire], Times Online Feb 8 2009, acc 6 Apr 2010</ref> and that "the reshaping of Qinetiq had been the greatest achievement of my working life”.<ref>Jonathan Sibun, [http://www.telegraph.co.uk/finance/newsbysector/industry/defence/4553053/Qinetiq-chairman-Sir-John-Chisholm-set-to-retire.html Qinetiq chairman Sir John Chisholm set to retire], The Telegraph, 7 Feb 2009, accessed 6 Apr 2010</ref> At that time, his stake was worth just over £21m.<ref>Dominic O’Connell, [http://business.timesonline.co.uk/tol/business/industry_sectors/technology/article5683362.ece £20m boss of Qinetiq set to retire], Times Online Feb 8 2009, acc 6 Apr 2010</ref>
 Chisholm was a founding member of the British Government's [[Technology Foresight]] programme, and has been President of the [[Electrical Engineering Association]]. He was President of the [[Institution of Electrical Engineers]] (2005-2006) and President of the [[Institution of Engineering and Technology]] (2006). He was knighted in 1999.<ref>[http://www.iop.org/activity/business/Events/past/file_6075.doc Biographies: Sir John Chisholm CPhys FInstP], Key Insight Business Briefing & Dinner, 10 October 2005, Institute of Physics, Homeland Security and Defence R&D in the UK, acc 6 Apr 2010</ref>

@@ Line 5: / Line 5: @@
 He is a frequent speaker on change management, technology and defence science issues.   He has been President of the [[Electrical Engineering Association]] and was a founder member of the UK Government's Technology Foresight programme. Knighted in 1999, Chisholm was appointed as the Chairman of the [[Medical Research Council]]. <ref> Medical Research Council Website [http://www.mrc.ac.uk/NewsViewsAndEvents/News/MRC001717 News and Events] Last accessed November 12th 2007 </ref>
-In 1991, Chisholm was asked by the UK [[Ministry of Defence]] to organise a number of their research organisations into a single entity, which eventually became the [[Defence Evaluation and Research Agency]] (DERA) - the largest science and technology organisation in the UK.<ref>[http://www.iop.org/activity/business/Events/past/file_6075.doc Biographies: Sir John Chisholm CPhys FInstP], Key Insight Business Briefing & Dinner, 10 October 2005, Institute of Physics, Homeland Security and Defence R&D in the UK, acc 6 Apr 2010</ref> In July 2001, three quarters of DERA was spun off to form a new private company called [[QinetiQ]].<ref>[http://www.iop.org/activity/business/Events/past/file_6075.doc Biographies: Sir John Chisholm CPhys FInstP], Key Insight Business Briefing & Dinner, 10 October 2005, Institute of Physics, Homeland Security and Defence R&D in the UK, acc 6 Apr 2010</ref> In late 2005 Chisholm became Executive Chairman of QinetiQ, being replaced as CEO by [[Graham Love]]. According to ''[[The Sunday Times]]'' his annual pay was £467,000 in 2004. His £129,000 investment in the company was later worth £23m (a 17,829.5% return on his investment, almost 180 times the initial value of the investment - suggesting the company was undervalued and the taxpayer was ripped off).<ref>BBC [http://news.bbc.co.uk/2/hi/business/7108444.stm Qinetiq deal 'cost UK taxpayers'] 22 November 2007</ref><ref>David Hencke, [http://www.guardian.co.uk/uk/2007/nov/21/military.immigrationpolicy Auditors condemn rushed MoD sale that turned civil servants into multimillionaires], Guardian 21st November 2007, acc 6 Apr 2010</ref> Chisholm made millions when the research division of [[QinetiQ]] was privatised under the stewardship of [[Lewis Moonie]].  American private equity company [[Carlyle Group]] bought the assets for an eighth of their value.  Chisholm managed to turn £129,000 into £22 million when the research arm was floated.<ref>David Hencke, [http://www.guardian.co.uk/uk/2007/nov/21/military.immigrationpolicy Auditors condemn rushed MoD sale that turned civil servants into multimillionaires], Guardian 21st November 2007, acc 6 Apr 2010</ref> Speaking to the Guardian, [[John Gilbert|Lord Gilbert]], who gave evidence to the [[National Audit Office]] in relation to the matter, said:
+In 1991, Chisholm was asked by the UK [[Ministry of Defence]] to organise a number of their research organisations into a single entity, which eventually became the [[Defence Evaluation and Research Agency]] (DERA) - the largest science and technology organisation in the UK.<ref>[http://www.iop.org/activity/business/Events/past/file_6075.doc Biographies: Sir John Chisholm CPhys FInstP], Key Insight Business Briefing & Dinner, 10 October 2005, Institute of Physics, Homeland Security and Defence R&D in the UK, acc 6 Apr 2010</ref> In July 2001, three quarters of DERA was spun off to form a new private company called [[QinetiQ]].<ref>[http://www.iop.org/activity/business/Events/past/file_6075.doc Biographies: Sir John Chisholm CPhys FInstP], Key Insight Business Briefing & Dinner, 10 October 2005, Institute of Physics, Homeland Security and Defence R&D in the UK, acc 6 Apr 2010</ref> In late 2005 Chisholm became Executive Chairman of QinetiQ, being replaced as CEO by [[Graham Love]]. According to [[The Sunday Times]], his annual pay was £467,000 in 2004.<ref>Andrew Davidson, [http://business.timesonline.co.uk/tol/business/article437813.ece?token=null&offset=0&page=1 The man who put the Q into QinetiQ], Sunday Times, 27 Mar 2005, acc 6 Apr 2010</ref>
 :At the time I told the defence secretary ([[George Robertson]]) that this would be a bloody scandal but the treasury under [[Gordon Brown]] insisted on selling a stake in the agency to cut the defence budget... Frankly the money made by by the leading civil servants was obscene.  This is shown by the facts themselves.  They did not contribute anything to the turnaround of the company.<ref>David Hencke, [http://www.guardian.co.uk/uk/2007/nov/21/military.immigrationpolicy Auditors condemn rushed MoD sale that turned civil servants into multimillionaires], Guardian 21st November 2007, acc 6 Apr 2010</ref>