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Simon Dingemans

From Wikipedia, the free encyclopedia

Simon Paul Dingemans (born April 1963)[1] is an English former banker and businessman. Until May 2019 he was chief financial officer atGlaxoSmithKline. In July 2019 he was appointed chair of theFinancial Reporting Council, and was set to lead its transition into theAudit, Reporting and Governance Authority, but left in May 2020.

Education

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Dingemans was educated atKent College andChrist Church, Oxford where he gained a master's degree in geography.[2][3] He was involved in theatre production at theOxford Playhouse.[4]

Career

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Dingemans joinedS. G. Warburg & Co. as a graduate trainee, spending 15 years with the firm before moving toGoldman Sachs to run its UK investment banking and European mergers businesses.[4]

Dingemans spent 25 years at Goldman Sachs, becoming head of European mergers and acquisitions, and overseeing £411 billion ($500 billion) of deals, includingVodafone's £112bn merger withMannesmann in 2000, the private equity takeover ofAlliance Boots, andNovartis's $28.1bn (£18.2bn) takeover ofAlcon.[5]

In 2011, he joined GlaxoSmithKline as CFO[5] and served as a member of the main board before stepping down in May 2019. During his eight years at GSK, he oversaw extensive restructuring and re-shaping of the group.[6]

In July 2019Business SecretaryGreg Clark announced that Dingemans had been appointed as the new chair of the Financial Reporting Council, and would lead its transition into the Audit, Reporting and Governance Authority.[2] However, he left the role in May 2020, citing conflicts between the part-time role and other positions he was interested in taking.[7]

In June 2020 Dingemans joinedCarlyle Group as a managing director in charge of UK buyouts and overseeing healthcare deals across Europe.[7][8]

Non-executive roles

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Dingemans was chairman of theHundred Group of finance directors between 2014 and 2016.[2] He was appointed a trustee of theDonmar Warehouse theatre in 2018,[9] having previously done theatre production at theOxford Playhouse and also supported theRoyal National Theatre.[4]

He is an investor in wealth management firmNetwealth Investments.[10][11][12]

Personal life

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Dingemans is married with three children. He has participated in triathlons.[3]

References

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  1. ^"Simon Paul DINGEMANS".Companies House. Retrieved23 July 2019.
  2. ^abc"New Chair of Financial Reporting Council announced".Gov.uk - Department for Business, Energy & Industrial Strategy. 23 July 2019. Retrieved23 July 2019.
  3. ^abBaker, Martin, 2 July 2006,The Rainmaker: Dingemans bags his preyTelegraph. Accessed: 15 June 2020
  4. ^abcJack, Andrew (15 December 2011)."Pharmaceutical giant gives new finance chief a soft landing".Financial Times. Retrieved23 July 2019.
  5. ^abGraham, Ruddick (9 September 2010)."Goldman Sachs rainmaker Simon Dingemans to join GlaxoSmithKline".Telegraph. Retrieved23 July 2019.
  6. ^Howard, Tom (9 May 2018)."GlaxoSmithKline CFO Simon Dingemans to retire next May".Proactive Investors. Retrieved15 June 2020.
  7. ^abCarrick, Angharad (15 June 2020)."Former FRC chairman Simon Dingemans joins Carlyle".City AM. Retrieved15 June 2020.
  8. ^FRC’s former chairman joins private equity firm Carlyle,Financial Times
  9. ^Hemley, Matthew (16 May 2018)."Martha Lane Fox joins Donmar Warehouse board".The Stage. Retrieved23 July 2019.
  10. ^Foster, Mike."Ex-Goldman bankers back City's newest robo-adviser". Retrieved2017-12-22.
  11. ^Goldsmith, Courtney (2017-09-19)."Wealth manager Netwealth raises £10m in second funding round". Retrieved2017-12-22.
  12. ^"Bonham Carter backs launch of online discretionary manager Netwealth".investmentweek.co.uk. Retrieved2017-12-22.
Retrieved from "https://en.wikipedia.org/w/index.php?title=Simon_Dingemans&oldid=1301685104"
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