Jeff Fairburn

Jeff Fairburn
Born Jeffrey Fairburn
(1966-05-22) 22 May 1966
York, England
Nationality British
Education Fulford Comprehensive
Alma mater York Technical College
Occupation businessman
Title CEO, Persimmon plc
Term April 2013-

Jeffrey Fairburn (born 22 May 1966) is a British businessman, the chief executive (CEO) of Persimmon plc, a British housebuilding company and constituent of the FTSE 100 Index, since April 2013.

Early life

Jeffrey Fairburn was born on 22 May 1966.[1][2] He is the son of a motor mechanic father, grew up in York, and left Fulford Comprehensive at the age of 17.[2]

Career

After leaving school, Fairburn joined a two-year youth training scheme in York, to become a quantity surveyor, working, and training for a Higher National Certificate (HNC) qualification at York Technical College.[2]

Fairburn joined Persimmon in 1989.[3] Fairburn has been the CEO of Persimmon since April 2013.[3]

As of December 2017, Fairburn has been a director of 305 UK companies.[1]

In December 2017, Persimmon's chairman, Nicholas Wrigley, resigned over his role in awarding Fairburn bonus in the region of £100 million.[4] The Persimmon bonus scheme is believed to be the UK's "most generous ever", and is scheduled to pay more than £800 million to 150 senior staff from 31 December 2016.[4]

As of March 2017, Fairburn agreed to hand back £25 million of the bonus, and set aside a "substantial portion" of the sum to charity.[5] This will bring the total payout to £75 million.[6]

Personal life

Fairburn drives a Range Rover, enjoys Formula One racing, and his holiday destination of choice is Florida.[2]

References

  1. 1 2 "Jeffrey FAIRBURN - Personal Appointments (free information from Companies House)". beta.companieshouse.gov.uk. Retrieved 15 December 2017.
  2. 1 2 3 4 "Profile: Jeff Fairburn". www.yorkshirepost.co.uk. Retrieved 15 December 2017.
  3. 1 2 "Executive Profile: Jeffrey Fairburn". Bloomberg LP. Retrieved 15 December 2017.
  4. 1 2 Neate, Rupert (15 December 2017). "Persimmon chair resigns over chief executive's 'obscene' £128m bonus". The Guardian. Retrieved 15 December 2017 – via www.theguardian.com.
  5. ↑ Curry, Rhiannon (2018-02-27). "Persimmon boss denies bumper shareholder returns are to appease investors". The Telegraph. ISSN 0307-1235. Retrieved 2018-03-27.
  6. ↑ Monaghan, Angela (2018-02-23). "Persimmon slashes boss's bonus … to just £75m". the Guardian. Retrieved 2018-03-27.


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