Difference between revisions of "Peter Job"
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{{person | {{person | ||
|wikipedia=https://en.wikipedia.org/wiki/Peter_Job | |wikipedia=https://en.wikipedia.org/wiki/Peter_Job | ||
| − | |description= | + | |description=CEO of [[Reuters]], which supplies the majority of the world's news. Pioneered UK high executive bonuses. |
|crunchbase=https://www.crunchbase.com/person/peter-job | |crunchbase=https://www.crunchbase.com/person/peter-job | ||
|nationality=British | |nationality=British | ||
| + | |image=P Job.png | ||
|birth_date=13 July 1941 | |birth_date=13 July 1941 | ||
|birth_place=Exeter, Devon | |birth_place=Exeter, Devon | ||
| − | |alma_mater= Clifton College, College (Oxford) | + | |alma_mater= Clifton College, Exeter College (Oxford) |
|death_date= | |death_date= | ||
|death_place= | |death_place= | ||
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|end=2001}} | |end=2001}} | ||
}} | }} | ||
| + | '''Sir Peter James Denton Job''' is a British journalist and businessman who was CEO of [[Reuters]] from 1991 to 2001.<ref>https://www.bloomberg.com/research/stocks/people/person.asp?personId=300118&privcapId=275442 </ref> | ||
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| + | ==Career== | ||
| + | |||
| + | Peter Job was born in [[Exeter]], [[Devon]], to Frederick Job and Marion Pickard Tanner. He was educated at [[Clifton College]] and [[Exeter College, Oxford]]. He began his career as a journalist with [[Reuters]], first as a reporter than a manager, from 1963–1970, working in [[Paris]], [[New Delhi]], [[Kuala Lumpur]], [[Jakarta]], and [[Buenos Aires]]. He was managing director of Reuters Asia 1978–1990, director of Reuters Group 1989–2001, and CEO of Reuters Group from 1991–2001.<ref name="burke">Mosley, Charles, ed. (2003). Burke's Peerage, Baronetage & Knighthood (107 ed.). Burke's Peerage & Gentry. p. 2099.</ref> | ||
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| + | Job, 'a workaday journalist made good'<ref name=Baron/>, was knighted in the [[2001 Birthday Honours]] for services to the Information and Media Industry.<ref>https://www.thegazette.co.uk/London/issue/56237/supplement/1</ref> | ||
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| + | In 1993, soon after Job was appointed Reuters’ chief executive, the news agency’s board introduced a new pay structure. "Job’s ‘long-term incentive plan’ [LTIP] would not only make him a very rich man, it would up the ante for how British chief executives have been paid ever since.” Under Reuters’ innovative ‘LTIP’, Mr Job was granted a potential 77,920 shares with performance conditions attached...he succeeded, earning shares that were worth £460,000, or 39 per cent of his £1.2m total remuneration in 1995.”<ref>https://thebaron.info/news/article/2017/02/13/a-quarter-century-on-peter-jobs-ceo-package-is-re-examined</ref> | ||
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| + | Job started as non-executive director at oil corporation [[Royal Dutch Shell]] in 2001, In 2009, shareholders demanded he resigne after a decision to pay £3.65 million in bonuses to executives despite missing performance targets. In a letter to the shareholders before the decision, Job referred to the pay row as ‘an irritant’. Job had been involved in similar controversies when he was a non-executive director of [[GlaxoSmithKline]] and [[Schroders]].<ref name=Baron>https://www.thebaron.info/news/article/2009/05/24/sir-peter-job-under-fire-over-executive-pay-at-shell</ref>He also became a director of [[Deutsche Bank]]. | ||
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| + | He married Christine Cobley in 1966, and has a daughter, Laura, and son, Luke.<ref name="burke"/> | ||
{{SMWDocs}} | {{SMWDocs}} | ||
==References== | ==References== | ||
{{reflist}} | {{reflist}} | ||
| − | |||
Latest revision as of 06:41, 1 May 2021
 Peter Job     (businessman, journalist) | |
|---|---|
 | |
| Born | 13 July 1941 Exeter, Devon |
| Nationality | British |
| Alma mater | Clifton College, Exeter College (Oxford) |
Sir Peter James Denton Job is a British journalist and businessman who was CEO of Reuters from 1991 to 2001.[1]
Career
Peter Job was born in Exeter, Devon, to Frederick Job and Marion Pickard Tanner. He was educated at Clifton College and Exeter College, Oxford. He began his career as a journalist with Reuters, first as a reporter than a manager, from 1963–1970, working in Paris, New Delhi, Kuala Lumpur, Jakarta, and Buenos Aires. He was managing director of Reuters Asia 1978–1990, director of Reuters Group 1989–2001, and CEO of Reuters Group from 1991–2001.[2]
Job, 'a workaday journalist made good'[3], was knighted in the 2001 Birthday Honours for services to the Information and Media Industry.[4]
In 1993, soon after Job was appointed Reuters’ chief executive, the news agency’s board introduced a new pay structure. "Job’s ‘long-term incentive plan’ [LTIP] would not only make him a very rich man, it would up the ante for how British chief executives have been paid ever since.” Under Reuters’ innovative ‘LTIP’, Mr Job was granted a potential 77,920 shares with performance conditions attached...he succeeded, earning shares that were worth £460,000, or 39 per cent of his £1.2m total remuneration in 1995.”[5]
Job started as non-executive director at oil corporation Royal Dutch Shell in 2001, In 2009, shareholders demanded he resigne after a decision to pay £3.65 million in bonuses to executives despite missing performance targets. In a letter to the shareholders before the decision, Job referred to the pay row as ‘an irritant’. Job had been involved in similar controversies when he was a non-executive director of GlaxoSmithKline and Schroders.[3]He also became a director of Deutsche Bank.
He married Christine Cobley in 1966, and has a daughter, Laura, and son, Luke.[2]
Event Participated in
| Event | Start | End | Location(s) | Description |
|---|---|---|---|---|
| Bilderberg/1996 | 30 May 1996 | 2 June 1996 | Canada Toronto | The 44th Bilderberg, held in Canada |
References
- ↑ https://www.bloomberg.com/research/stocks/people/person.asp?personId=300118&privcapId=275442
- ↑ a b Mosley, Charles, ed. (2003). Burke's Peerage, Baronetage & Knighthood (107 ed.). Burke's Peerage & Gentry. p. 2099.
- ↑ a b https://www.thebaron.info/news/article/2009/05/24/sir-peter-job-under-fire-over-executive-pay-at-shell
- ↑ https://www.thegazette.co.uk/London/issue/56237/supplement/1
- ↑ https://thebaron.info/news/article/2017/02/13/a-quarter-century-on-peter-jobs-ceo-package-is-re-examined
