Jeff Fairburn
- January 6, 2024
- Business Executive
Quick Facts
Full Name | Jeff Fairburn |
Occupation | Business Executive |
Date Of Birth | May 22, 1966(1966-05-22) |
Age | 58 |
Birthplace | York |
Birth City | York |
Horoscope | Gemini |
Jeff Fairburn Biography
Name | Jeff Fairburn |
Birthday | May 22 |
Birth Year | 1966 |
Place Of Birth | York |
Home Town | York |
Birth Sign | Gemini |
Jeff Fairburn is one of the most popular and richest Business Executive who was born on May 22, 1966 in York, York, ****. Jeffrey Fairburn was born on 22 May 1966. He is the son of a motor mechanic father, grew up in York, and left Fulford Comprehensive at the age of 17.
In March 2017, Fairburn agreed to hand back £25 million of the bonus and set aside a “substantial portion” of the sum to charity, bringing the total payout to £75 million. In October 2018, he walked off camera during a BBC Look North interview, after his press officer objected to his being asked about the bonus. His parting words to the reporter were “I think that’s very unfortunate actually that you’ve done that.” In November 2018, Persimmon asked Fairburn to leave the company.
The controversy around Fairburn continued in November 2019 when Politicians and campaigners urged him to reveal whether he has donated a portion of his controversial £75m bonus as he promised, as it appears no charity has been set up in the former Persimmon boss’s name. A year after he was forced to step down, the Charity Commission says it does not have any record of a trust bearing Mr Fairburn’s name. Neither does it appear that the ex-housebuilding chief executive is a trustee of any charity in England or Wales.
In December 2017, Persimmon’s chairman, Nicholas Wrigley, resigned over his role in awarding Fairburn a bonus in the region of £100 million. The Persimmon bonus scheme is believed to be the UK’s “most generous ever”, and was scheduled to pay more than £500 million to 150 senior staff from 31 December 2016.
Jeff Fairburn Net Worth
Net Worth | $5 Million |
Source Of Income | Business Executive |
House | Living in own house. |
Jeff Fairburn is one of the richest Business Executive from . According to our analysis, Wikipedia, Forbes & Business Insider, Jeff Fairburn 's net worth $5 Million. (Last Update: December 11, 2023)
Jeffrey Fairburn (born 22 May 1966) is a British businessman, who was the chief executive (CEO) of Persimmon plc, a British housebuilding company and constituent of the FTSE 100 Index, from April 2013 to November 2018.
Fairburn joined Persimmon in 1989, becoming CEO in April 2013.
As of December 2017, Fairburn had been a director of 305 UK companies.
Height, Weight & Body Measurements
Jeff Fairburn height Not available right now. Jeff weight Not Known & body measurements will update soon.
Who is Jeff Fairburn Dating?
According to our records, Jeff Fairburn is possibily single & has not been previously engaged. As of December 1, 2023, Jeff Fairburn’s is not dating anyone.
Relationships Record : We have no records of past relationships for Jeff Fairburn. You may help us to build the dating records for Jeff Fairburn!
Facts & Trivia
Jeff Ranked on the list of most popular Business Executive. Also ranked in the elit list of famous people born in. Jeff Fairburn celebrates birthday on May 22 of every year.
Top Facts about Jeff Fairburn
1. Jeffrey Fairburn is the current CEO of Berkeley DeVeer, a Yorkshire-based
house-builder.
2. He was previously CEO of Persimmon plc, a British housebuilding company
and constituent of the FTSE 100 Index, from April 2013 to November 2018.
3. Jeffrey Fairburn was born on 22 May 1966, the son of a motor mechanic
father, and grew up in York.
4. After leaving school, Fairburn joined a two-year youth training scheme in
York to become a quantity surveyor, working, and training for a Higher
National Certificate (HNC) qualification at York Technical College.
5. Fairburn joined Persimmon in 1989, becoming CEO in April 2013.
6. As of December 2017, Fairburn had been a director of 305 UK companies.
7. In March 2017, Fairburn agreed to hand back £25 million of the bonus and
set aside a “substantial portion” of the sum to charity, bringing the total
payout to £75 million.
8. In October 2018, he walked off camera during a BBC Look North interview,
after his press officer objected to his being asked about the bonus.
9. In December 2017, Persimmon’s chairman, Nicholas Wrigley, resigned over
his role in awarding Fairburn a bonus in the region of £100 million.
10. In January 2020, Fairburn bought a 50% stake in Wetherby, Yorkshire-based
house-builder Berkeley DeVeer and became its chief executive.
11. In April 2021, Berkeley DeVeer partnered with Elliott Advisors to acquire
Derbyshire-based housebuilder Avant Homes Group.
12. In March 2023, Fairburn set up a Durham-based private investment company,
Third Stone Investments, with his wife, Jayne.
13. Fairburn drives a Range Rover, enjoys Formula One racing, and his holiday
destination of choice is Florida.
14. As of February 2021, no charitable involvement had been confirmed from
Fairburn’s £75 million bonus, although in British law, private philanthropy
without fundraising does not require the status of being a registered charity.
15. In November 2019, politicians and campaigners urged Fairburn to reveal if
he had donated a portion of his bonus as he promised, as it appeared no
charity had been set up in his name.
Who bought Avant Homes?
Private developer Berkeley DeVeer has partnered with Elliott Advisors (UK) Limited (“Elliott Advisors”), an affiliate of global fund manager Elliott Investment Management, to acquire Avant Homes Group Ltd (“Avant Homes”), one of the UK’s leading private residential property developers.
Who did persimmon take over?
Our first acquisition was in 1984, with the purchase of Sketchmead, a Yorkshire based housebuilder. This was followed by three major acquisitions; Ideal Homes in 1996, Beazer Homes in 2001 and Westbury Homes in 2006.
How much did Avant Homes sell for?
The housebuilder has declined to disclose the terms of the deal, despite reports the sale price was in the region of £500m. Elliott Advisors is an arm of New York-based fund manager Elliott Investment Management, which claims to manage £42bn of investments worldwide.
What did Avant Homes used to be called?
Stirling-based housebuilder Bett Homes has changed its name to Avant Homes. The company said the decision comes two years after its parent company became Avant Homes.
Why is it called Persimmon?
Etymology. The word persimmon is derived from putchamin, pasiminan, pechimin or pessamin, from Powhatan, an Algonquian language of the southern and eastern United States, meaning “a dry fruit”.