Simon Paul Dingemans (born April 1963)
is an English former banker and businessman. Until May 2019 he was chief financial officer at
GlaxoSmithKline
GSK plc, formerly GlaxoSmithKline plc, is a British Multinational corporation, multinational pharmaceutical and biotechnology company with global headquarters in London, England. Established in 2000 by a Mergers and acquisitions, merger of Gl ...
. In July 2019 he was appointed chair of the
Financial Reporting Council
The Financial Reporting Council (FRC) is an independent regulator in the UK and Ireland based in London Wall in the City of London, responsible for regulating auditors, accountants and actuaries, and setting the UK's Corporate Governance and ...
, and was set to lead its transition into the
Audit, Reporting and Governance Authority The Audit, Reporting and Governance Authority is a proposed audit regulator intended to be established in the United Kingdom to replace the Financial Reporting Council. The government announced plans for a new regulator in March 2019, and published ...
, but left in May 2020.
Education
Dingemans was educated at
Kent College
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, established = 1885
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, religious_affiliation = Methodist
, president =
, head_label =
, hea ...
and
Christ Church, Oxford where he gained a master's degree in geography.
[Baker, Martin, 2 July 2006]
The Rainmaker: Dingemans bags his prey
''Telegraph''. Accessed: 15 June 2020 He was involved in theatre production at the
Oxford Playhouse
Oxford Playhouse is a theatre designed by Edward Maufe and F.G.M. Chancellor. It is situated in Beaumont Street, Oxford, opposite the Ashmolean Museum.
History
The Playhouse was founded as ''The Red Barn'' at 12 Woodstock Road, North Oxf ...
.
Career
Dingemans joined
S. G. Warburg & Co. as a graduate trainee, spending 15 years with the firm before moving to
Goldman Sachs to run its UK investment banking and European mergers businesses.
Dingemans spent 25 years at Goldman Sachs, becoming head of European mergers and acquisitions, and overseeing £411 billion ($500 billion) of deals, including
Vodafone
Vodafone Group Public limited company, plc () is a British Multinational corporation, multinational Telephone company, telecommunications company. Its registered office and Headquarters, global headquarters are in Newbury, Berkshire, England. It ...
's £112bn merger with
Mannesmann
Mannesmann was a German industrial conglomerate. It was originally established as a manufacturer of steel pipes in 1890 under the name "Deutsch-Österreichische Mannesmannröhren-Werke AG". (Loosely translated: "German-Austrian Mannesmann pip ...
in 2000, the private equity takeover of
Alliance Boots
Alliance Boots GmbH was a multinational pharmacy-led health and beauty group with corporate headquarters in Bern, Switzerland and operational headquarters in Nottingham and Weybridge, United Kingdom.
The company had a presence in over 27 cou ...
, and
Novartis
Novartis AG is a Swiss-American multinational pharmaceutical corporation based in Basel, Switzerland and
Cambridge, Massachusetts, United States (global research).name="novartis.com">https://www.novartis.com/research-development/research-loc ...
's $28.1bn (£18.2bn) takeover of
Alcon
Alcon is an American Swiss medical company specializing in eye care products with headquarters in Geneva, Switzerland, and incorporated in Fribourg, Switzerland. Alcon began as a US company and its US subsidiary’s headquarters remain in Fort ...
.
In 2011, he joined GlaxoSmithKline as CFO
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.
In July 2019
Business Secretary
The secretary of state for business, energy and industrial strategy, is a secretary of state in the Government of the United Kingdom, with responsibility for the Department for Business, Energy and Industrial Strategy. The incumbent is a memb ...
Greg Clark
Gregory David Clark (born 28 August 1967) is a British politician who served as Secretary of State for Levelling Up, Housing and Communities from 7 July 2022 to 6 September 2022. A member of the Conservative Party, he has served as Member of ...
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.
However, he left the role in May 2020, citing conflicts between the part-time role and other positions he was interested in taking.
In June 2020 Dingemans joined
Carlyle Group
The Carlyle Group is a multinational private equity, alternative asset management and financial services corporation based in the United States with $376 billion of assets under management. It specializes in private equity, real assets, and p ...
as a managing director in charge of UK buyouts and overseeing healthcare deals across Europe.
Non-executive roles
Dingemans was chairman of the
Hundred Group
The Hundred Group, also referred to as "The 100 Group", represents the views of the Finance Directors of FTSE 100 and several large UK private companies.
In 2018, their member companies represented around 90% of the market capitalisation of the FT ...
of finance directors between 2014 and 2016.
He was appointed a trustee of the
Donmar Warehouse
The Donmar Warehouse is a 251-seat, not-for-profit theatre in Covent Garden, London, England. It first opened on 18 July 1977.
Sam Mendes, Michael Grandage and Josie Rourke have all served as artistic director, a post held since 2019 by M ...
theatre in 2018,
having previously done theatre production at the
Oxford Playhouse
Oxford Playhouse is a theatre designed by Edward Maufe and F.G.M. Chancellor. It is situated in Beaumont Street, Oxford, opposite the Ashmolean Museum.
History
The Playhouse was founded as ''The Red Barn'' at 12 Woodstock Road, North Oxf ...
and also supported the
Royal National Theatre
The Royal National Theatre in London, commonly known as the National Theatre (NT), is one of the United Kingdom's three most prominent publicly funded performing arts venues, alongside the Royal Shakespeare Company and the Royal Opera House. I ...
.
He is an investor in wealth management firm
Netwealth Investments.
Personal life
Dingemans is married with three children. He has participated in triathlons.
[
]
References
{{DEFAULTSORT:Dingemans, Simon
1963 births
Living people
British chairpersons of corporations