Simon Walker (businessman)
Simon Walker | |
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 Simon Walker, Director General of the IoD |
Simon Walker is Director General of the Institute of Directors, previously Communications Secretary to HM Queen Elizabeth II and an advisor to former Prime Minister, John Major. He was born and grew up in South Africa and has worked in media, politics and business in New Zealand, Belgium and the UK.
Early life
Walker was born in 1953 in South Africa.[1] In 1971, he moved to the UK, attended Highgate Junior School[2] and studied Politics, Philosophy and Economics at Balliol College, Oxford, where he was elected President of the Oxford Union in 1974[3]
Career
After graduating from Oxford in 1974, Walker moved to New Zealand to become a TV journalist with TV One where he stayed for five years. During this time he presented current affairs programme Tonight, on which he famously interviewed Prime Minister Rob Muldoon, about his assertions regarding the Soviet naval presence in the Pacific, and New Zealand vulnerability to Russian nuclear attack. Muldoon, who had sought to give answers to questions which had already been submitted to him, resented Walker's line of questioning and snapped "I will not have some smart alec interviewer changing the rules half way through."[4] In 1979, he moved to the United States, where he was appointed a Knight Journalism Fellow at Stanford University, California.
He switched to politics, returning to New Zealand as Director of Communications for the Labour Party. His time with the party saw it return to office under David Lange, who defeated three-term incumbent Rob Muldoon’s National Party in the 1984 election.
Walker moved to Europe in the late 1980s, working for public relations firm, Hill & Knowlton in London and Brussels, and becoming a partner in Brunswick Group in 1994. He then returned to politics in 1996, this time working in the 10 Downing Street policy unit under Conservative Prime Minister, John Major.
Between 2000 and 2002, Walker was Communications Secretary to Queen Elizabeth II, before returning to the private sector as a director at Reuters and Chief Executive of the British Private Equity and Venture Capital Association.
Institute of Directors
Walker is the current Director General of the Institute of Directors. As the organisation’s chief representative, he is the primary spokesperson on issues including tax, Europe, regulation, trade and corporate governance and directs the IoD’s policy work and training courses for senior business leaders.
Walker is passionate about repairing the reputation of business.[5] At the IoD, he has spearheaded a campaign to raise awareness of corporate governance issues and promote best practice within the UK.[6] Since Walker joined the IoD he has reversed their stance on not publicly commenting on individual companies. He has spoken out at poor corporate behaviour - particularly excessive pay - at a number of large UK companies, including Barclays,[7] BG Group[8] ,[9] Sports Direct and Burberry.
His stance on excessive executive pay at the IoD has won many plaudits. In November 2014, Walker led a campaign against an attempt by BG Group to pay incoming CEO Helge Lund a £25m golden hello, describing the plan as "excessive and inflammatory".[10] After a week of negative headlines, and increasing shareholder pressure, BG Group and Helge Lund eventually backed down.
Walker's revitalisation of the IoD has also won support. In 2013, Walker overhauled the dress code at the IoD's 116 Pall Mall London headquarters, telling Wired magazine it was part of an attempt to rebrand the IoD as home for entrepreneurs and tech start-ups.[11] On Walker's policies at the IoD, the Evening Standard called on the coalition government "to listen to the IoD" over his plans to introduce 'sunset clauses' for business regulations.[12] In January 2015, Allister Heath of The Daily Telegraph wrote "the Institute of Directors, under the superb leadership of Simon Walker continues to think the unthinkable".[13]
Politics
During his early life and career, Walker affiliated himself with left of centre politics and political parties.
While in South Africa, Walker joined the liberal anti-apartheid Progressive Party as a teenager and campaigned against racial segregation in the country. He has spoken of being raised in a “left-wing household”, where his grandfather kept a picture of Soviet leader Joseph Stalin, on their mantelpiece.[14]
At Oxford, he became chairman of the student Labour Party and later worked for the New Zealand Labour Party. Now a committed free-marketer, Walker said that he “lost all faith in the ability of the state to direct the economy”,[14] while living in New Zealand during the 1970s and 1980s. He then went on to work for Conservative Prime Minister John Major during the last year of his premiership, and became Director General of the Institute of Directors, described as the business group for "real red-in-tooth and claw capitalists", by James Kirkup, executive editor of The Daily Telegraph.[15]
Walker was named as the 43rd most connected man in Britain by GQ Magazine, in February 2015.[16]
References
- ^ Simon Walker Who's Who 2015 Retrieved 16 January 2015
- ^ "Simon Walker appointed Director General" (PDF). The Cholmeleian (Winter 2013): 4. Retrieved 30 June 2015.
- ^ List of the Presidents of the Oxford Union
- ^ Tonight - Robert Muldoon interview, 1976, NZ on Screen
- ^ Sunderland, Ruth. "'My quest to drive down excess pay ... I believe in capitalism not cronyism', says the Institute of Directors chief", Daily Mail London, 20 August 2014.
- ^ Pratley, Nils "IoD says putting good governance first means tough stance on excessive pay", The Guardian London 18 August 2014
- ^ Wilson, Harry "Bob Diamond's £17.7m remuneration package at Barclays is 'out of order', says IoD chief Simon Walker", The Telegraph London, 25 April 2012
- ^ Walker, Simon "This foolish plan to pay BG chief £25 million must be voted down" Evening Standard London, 28 October 2014.
- ^ "Executive pay: IoD attacks 'excessive' BG deal", BBC 26 November 2014
- ^ Treanor, Jill "BG pay deal 'excessive and inflammatory', says Institute of Directors", "The Guardian" London 25 November 2014.
- ^ Solon, Olivia "Institute of Directors relaxes dress code to attract tech startups", Wired.co.uk 15 August 2013
- ^ Blackhurst, Chris "Why the government should listen to the IoD", Evening Standard" 3 October 2014.
- ^ Heath, Allister "It's time we took the pruning shears to our punitive tax system", "The Daily Telegraph" London, 31 January 2015.
- ^ a b McBain, Sophie "The bosses' boss: the head of the Institute of Directors", New Statesman 19 December 2013
- ^ "Why you should love immigrants, capitalism and big business", The Daily Telegraph 24 September 2014.
- ^ "100 Most connected men in Britain 2015" "GQ Magazine"