Andrew Dougal
Andrew James Harrower Dougal (born September 1951)[1] is a British businessman particularly associated with the financial management of construction and property-related companies.
Dougal worked with Hanson plc from 1986 in a range of general and financial management roles, rising to be group finance director, then chief executive from 1997 until 2002,[2][3] during which time Hanson focused on building materials, becoming the world's biggest aggregates supplier and the second largest supplier of ready-mixed concrete.[4] Dougal left Hanson with a large pay-off (variously reported at between £400,000 and £660,000, plus a pension top-up of £636,700) after quitting the group to "rebalance" his life.[5][6]
Dougal is a member of the Institute of Chartered Accountants of Scotland and a member of its Council,[2] and has advised on the responsibilities of non-executive directors.[7][8]
Non-executive director roles
Dougal has been a non-executive director of Taylor Wimpey, Taylor Woodrow and Creston plc (2006–2015),[9] chairing the audit committee in all three. He has also been a non-executive director of Premier Farnell (resigning in 2015)[10] and BPB plc.[2]
Dougal was appointed a non-executive director of Carillion plc in October 2011, chairing its audit committee,[2][11] and was a member of the board in the run-up to Carillion going into liquidation on 15 January 2018.[12] In January 2021, the Insolvency Service said it would seek to ban eight former Carillion directors, including Dougal, from holding senior boardroom positions.[13][14] However, a trial due to start on 16 October 2023 was cancelled after the Insolvency Service decided it was not in the public interest to pursue Dougal and four others.[15]
He was a non-executive director of Victrex plc (appointed March 2015),[3] but resigned in February 2018 after being included on an Investment Association listing relating to corporate governance issues.[16]
References
- "Andrew James Harrower DOUGAL". Companies House. Retrieved 17 January 2018.
- "Andrew Dougal, non-executive director". Carillion. Retrieved 17 January 2018.
- "Andrew Dougal - Non-executive Director". Victrex. Retrieved 17 January 2018.
- "On aggregate, Hanson is a buy". Guardian. 10 December 1999. Retrieved 17 January 2018.
- Osborne, Alistair (20 April 2002). "Hanson stands by chief's huge payoff". Telegraph. Retrieved 17 January 2018.
- Cope, Nigel (12 March 2003). "Ex-Hanson chief gets £660,000 plus pension top-up". Independent. Archived from the original on 18 January 2018. Retrieved 17 January 2018.
- "Andrew Dougal - What are the essential elements of a well-performing Board?". Critical Eye. Retrieved 17 January 2018.
- "Eight Commandments for Non-executives" (PDF). CA Magazine. ICAS. 1 June 2017. Retrieved 17 January 2018.
- Harrington, Andrew (5 June 2015). "Creston non-exec Andrew Dougal stands down". PR Week. Retrieved 17 January 2018.
- "Andrew Dougal - Retirement from the Board". Premier Farnell. Retrieved 17 January 2018.
- "Andrew Dougal appointed as a non-executive director of Carillion". Property Magazine Europe. 4 October 2011. Retrieved 17 January 2018.
- Sillars, James (16 January 2018). "Carillion collapse: The key personnel at the firm". Sky News. Retrieved 17 January 2018.
- Partington, Richard (13 January 2021). "Legal bid launched to ban ex-Carillion directors from top boardroom roles". Guardian. Retrieved 13 January 2021.
- "Carillion directors face boardroom bans". The Construction Index. 14 January 2021. Retrieved 14 January 2021.
- Weinfass, Iain (13 October 2023). "Insolvency Service drops case against former Carillion chair and CEO". Construction News. Retrieved 17 October 2023.
- Kleinman, Mark (12 February 2018). "Victrex added to City blacklist after Carillion director quits". Sky News. Retrieved 12 February 2018.