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Michael James Roney (born July 13, 1954) is an American businessman. He was the chief executive of Bunzl plc, a British multinational distribution and outsourcing company, from 2005 to 2016. He has been the chairman of Next plc and Grafton Group since 2017.

Michael Roney
Born
Michael James Roney

(1954-07-13) July 13, 1954 (age 65)
NationalityAmerican
Alma materUniversity of Michigan
OccupationBusinessman
Years active1981–present
Salary£1,552,700
Titleformer CEO, Bunzl
Term2005–2016
SuccessorFrank van Zanten
Board member ofBrown-Forman Corporation, Azelis, Next plc, Grafton Group

Early lifeEdit

Michael Roney was born on July 13, 1954. He was educated in Roman Catholic private schools in Detroit, Michigan.[1] He graduated with an MBA from the Stephen M. Ross School of Business, University of Michigan in 1981.[2]

CareerEdit

Roney began his career as an accountant from 1978 to 1980.[1] He worked for the Goodyear Tire and Rubber Company from 1981 to 2005.[1]

Roney has been CEO of Bunzl since October 2005, and a non-executive director since June 2003. He stood down as CEO in April 2016, and was succeeded by Frank van Zanten.[3]

Roney was a non-executive director of Johnson Matthey plc from 2007 until 2014 and is a non-executive director of Brown-Forman Corporation.[4]

In July 2016, Roney became a non-executive director of Azelis, the global speciality chemicals distributor.[5] Roney has been the chairman of Next plc (succeeding John Barton) and Grafton Group since 2017.[6][7][8][9]

Personal lifeEdit

Roney met his future wife in Argentina.[1] They have four children, and they reside in St John's Wood, London, U.K..[1]

ReferencesEdit

  1. ^ a b c d e Tovey, Alan (January 30, 2016). "'We're not buying brands... but people and customer lists that give profits'". The Daily Telegraph. Retrieved September 15, 2017.
  2. ^ "Michael Roney: Chief Executive Officer at Bunzl". LinkedIn. Retrieved November 16, 2012.
  3. ^ Bury, Rhiannon (April 20, 2016). "Bunzl feeling the heat as 26.2pc of shareholders reject executive pay deal". Retrieved September 15, 2017 – via www.telegraph.co.uk.
  4. ^ "Michael J. Roney: Executive Profile". BusinessWeek. Retrieved November 16, 2012.
  5. ^ "Appointment of Michael Roney to the Azelis Board of Directors". azelis.com. Retrieved September 15, 2017.
  6. ^ Musah, Razak. "Next names Michael Roney as next chairman". marketwatch.com. Retrieved September 15, 2017.
  7. ^ "Michael Roney, Next PLC: Profile & Biography". Bloomberg. Retrieved September 15, 2017.
  8. ^ Retail Editor, Deirdre Hipwell (February 15, 2017). "Roney's Next move presents stern test". Retrieved September 15, 2017 – via www.thetimes.co.uk.CS1 maint: extra text: authors list (link)
  9. ^ "Appointment of Non-Executive Chairman". www.graftonplc.com. Retrieved September 15, 2017.