Ruth Henderson was the UK's first female

Chief Executive Officer A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

of a publicly quoted company. History – 1980's: Product Director,

Alexon Group Alexon Group plc was a clothing retailer, based in Luton, England. The company was listed on the London Stock Exchange (symbol AXN). It was a constituent of the FTSE Fledgling Index The FTSE Fledgling Index comprises companies listed on the ...

– 1991 : Henderson becomes the UK's first female CEO of a public company – 1992 : Henderson leaves Alexon Group after profits fall – 1993 : Joins Baird as Managing Director – 2001 : Becomes CEO of William Baird Ruth Henderson was Product Director of

, reporting to CEO Lawrence Snyder, during the Group's most profitable period (£21.40M profit from £167M sales (1990)) However, Ms Henderson is of note not for that position, but for her role as CEO. When Alexon Group demerged (with Lawrence Snyder becoming the Chairman of the demerged Alexon Group, he appointed Henderson CEO). Henderson was at that time "the irstand only woman chief executive of any significant British quoted company".''

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'' Later sidelined to some extent in February 1992, when

Peter Ridsdale Peter Ridsdale (born 11 March 1952) is an English businessman who is a director at Preston North End. He was until December 2011 the Chairman of Football Operations at Plymouth Argyle. Ridsdale was previously the chairman of Leeds United, Barns ...

was promoted to run the operations while she concentrated upon the buying, she left the group later in the year, when profits from the demerged Group fell from £11.3M in 1992 to a loss of £0.9M in 1993. At that time the CEO role appeared a step too far for Henderson, with many in the City calling for Lawrence Snyder to step back into the CEO role. However John Osborn, a former

Sears Sears, Roebuck and Co., commonly known as Sears ( ), is an American chain of department stores and online retailer founded in 1892 by Richard Warren Sears and Alvah Curtis Roebuck and reincorporated in 1906 by Richard Sears and Julius Rosen ...

executive renowned for slashing costs at British Shoe Corporation, was to replace Henderson as CEO. (Note; the 1993 loss was later restated by Osborn to a £12M loss) Henderson initially took a step back in her career and in later 1993 became Managing Director of Baird's branded clothing business, with brand such as Windsmoor, Planet, Precis Petite and Dannimac. When she joined, the division's profit were £0.5m, but by 2001 profits were 14m. In 2001, she became the CEO of the Group. As stated in The Telegraph: "For the time being, at least, she is revelling in her new-found role. This is hardly surprising considering Henderson has been granted a rare second chance to succeed in a role in which she once failed miserably. A decade ago she became the only female chief executive of a British public company when she took the helm at Alexon, the women's fashion group. Two years later, after she had turned an £11.3m profit into a near £1m loss she was stripped of the title."

References

{{DEFAULTSORT:Henderson, Ruth Year of birth missing (living people) Living people British businesspeople