Denis Thatcher - Career

Career

Thatcher, already a millionaire when he met her, financed his second wife's training as a barrister, and a home in Chelsea; he also bought a large house in Lamberhurst, Kent in 1965. His firm employed 200 people by 1957, but he sold it to Castrol on 26 August 1965 after suffering a mild nervous breakdown in 1964. He received a seat on Castrol's parent board, which he retained when Burmah Oil took it over in 1966. He retired from Burmah in June 1975, four months after his wife won the Conservative Party leadership election.

In addition to being a director of Burmah, he was chairman of the Atlas Preservative Co, vice-chairman of Attwoods plc from 1983 to January 1994, a director of Quinton Hazell plc from 1968 to 1998 and a consultant to Amec plc and CSX Corp. He was also a non-executive director of retail giant Halfords during the 1980s.

Read more about this topic:  Denis Thatcher

Famous quotes containing the word career:

    In time your relatives will come to accept the idea that a career is as important to you as your family. Of course, in time the polar ice cap will melt.
    Barbara Dale (b. 1940)

    A black boxer’s career is the perfect metaphor for the career of a black male. Every day is like being in the gym, sparring with impersonal opponents as one faces the rudeness and hostility that a black male must confront in the United States, where he is the object of both fear and fascination.
    Ishmael Reed (b. 1938)

    What exacerbates the strain in the working class is the absence of money to pay for services they need, economic insecurity, poor daycare, and lack of dignity and boredom in each partner’s job. What exacerbates it in upper-middle class is the instability of paid help and the enormous demands of the career system in which both partners become willing believers. But the tug between traditional and egalitarian models of marriage runs from top to bottom of the class ladder.
    Arlie Hochschild (20th century)