Michael P. Green

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Person.png Michael Green   Sourcewatch WebsiteRdf-icon.png
(businessman)
Michael P Green.jpg
BornMichael Philip Green
2 December 1947
Hampstead, London, England
NationalityBritish
Alma materHaberdashers' Aske's Boys' School
ReligionJudaism
Children6
ParentsCyril and Irene
Spouse • Janet Frances Wolfson
• Theresa Mary Buckmaster

Michael Philip Green is a British businessman, who is currently the non-executive chairman and largest shareholder of Tangent Communications. Prior to joining the board of Tangent, Michael Green was the chairman and chief executive of Carlton Communications from 1982 until 2004, when it merged with Granada to form ITV plc.[1]

Michael Green has held non-executive directorships at Getty Images, GTMTV, ITN, Reuters Holdings and Thomson SA.[2]

Background

Michael Green was born on 2 December 1947, to Cyril, a shirt manufacturer, and Irene, a doctor. His grandparents had fled anti-Jewish pogroms in eastern Europe, and his father went on to run a successful business making drip-dry shirts. The business was sold when Green was 13.

Green was educated at The Haberdashers' Aske's Boys' School, in Elstree, Hertfordshire on a scholarship and left, aged 17, with four GCE O-Levels.[3] Contemporaries included David Elstein, the former head of Channel 5, and Nicholas Serota, director of the Tate Gallery.

Career

After a period working in public relations, he went into business with his brother, founding the printing and direct mail firm Tangent Industries, making him a millionaire by the time he was 21. He later created Carlton Communications with his elder brother, David, and they floated the company on the London stock market in 1983.

Five years later, Carlton bought the US firm Technicolor. Following the Broadcasting Act 1990 which had changed the criteria for ITV franchise assignment from quality to commercial, Carlton Television, in 1992, successfully bid £43m to secure the London weekday ITV franchise previously held by Thames Television.

It was suggested that Green had strongly influenced the Thatcher government in their 1990 decision to change the criteria through his relationship by marriage with government Secretary of State for Trade and Industry Lord Young. The Times wrote that Green gained "praise for his buccaneering style, charisma and ability to get a deal done".[4] As a result, Carlton expanded and went on to acquiring other ITV franchisees up until in 2004, when it merged with Granada to form ITV plc. As a result of the merger, Green left the company.[5]

Michael Green also held non-executive directorships at Getty Images, GTMTV, ITN, Reuters Holdings and Thomson SA. He is currently non-executive chairman of Tangent Communications, where his nephew, Timothy Green, is Chief Executive.

Michael Green trained and now practises as a psychoanalyst.[6][7]

Personal life

In 1972, aged 24, he married Janet Frances Wolfson, daughter of Sir Isaac Wolfson, founder of Great Universal Stores. They had two daughters before their marriage was dissolved in 1989, and he married Theresa Mary Buckmaster, an analyst at Carlton, in 1990. The couple currently have three sons and one daughter.

References

  1. "Life and times of Michael Green". BBC News. 20 October 2003. Retrieved 2007-05-29.

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  2. "Tangent Communications - company information"
  3. "The Times, London, 19th October 2003". 19 October 2003. Retrieved 2007-10-18. (Subscription required (help)). Cite uses deprecated parameter |subscription= (help)

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  4. "Profile: The man in the top box". The Independent. 31 January 1993.

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  5. Randall, Jeff (21 October 2003). "Why Michael Green had to go". BBC News. Retrieved 2007-05-29.

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  6. http://www.21southstreet.com/who-we-are/michael-green/
  7. http://www.independent.co.uk/news/people/news/former-itv-chief-swaps-boardroom-for-consulting-couch-2171122.html

Bibliography

  • 1996: Greenfinger: The rise of Michael Green and Carlton Communications by Raymond Snoddy

External links

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