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{{Short description|Irish businessman and philanthropist}}
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'''Lochlann Quinn''' (born 1940) is an [[Irish people|Irish]] businessman and philanthropist. He's a joint-owner of Dublin's [[Merrion Hotel]] and the main benefactor of [[University College Dublin]]'s Quinn School of Business. He was on the board of AIB from 1995, and served as its chairman from 1997, until 2003.
'''Lochlann Quinn''' (born 1940) is an [[Irish people|Irish]] businessman and philanthropist.


==Education==
==Education==
Quinn took his secondary education with the Congregation of the Holy Ghost at [[Blackrock College]],<ref>{{Cite web|last=Flynn|first=Sean|date=9 November 2010|title=College confident lost funds will be returned|url=https://www.irishtimes.com/news/college-confident-lost-funds-will-be-returned-1.674209|url-status=live|archive-url=|archive-date=|access-date=2020-12-04|website=The Irish Times|language=en}}</ref> and graduated from [[University College Dublin]] (BComm) in 1962.<ref>{{Cite web|last=Donnelly|first=Katherine|date=4 November 2004|title=Honorary degrees for excelling in university of life|url=https://www.independent.ie/irish-news/honorary-degrees-for-excelling-in-university-of-life-25884769.html|url-status=live|archive-url=|archive-date=|access-date=2020-12-04|website=independent|language=en}}</ref> He qualified as a Chartered Accountant in 1966.<ref name=":1">{{Cite web|last=McManus|first=John|title=Big Brothers|url=https://www.irishtimes.com/business/big-brothers-1.73347|access-date=2020-12-04|website=The Irish Times|language=en}}</ref> He is main benefactor of the [[UCD Quinn School of Business]].<ref>{{cite web|url=http://www.smurfitschool.ie/aboutsmurfit/advisoryboards/ireland/lochlannquinn/|title=Smurfit Business School|archiveurl=https://web.archive.org/web/20090503131443/http://www.smurfitschool.ie/aboutsmurfit/advisoryboards/ireland/lochlannquinn/ |archivedate=3 May 2009 }}</ref> In April 2009, the President of Ireland, [[Mary McAleese]], presented the UCD Ulysses Medal, the highest honour that the university can bestow, to Quinn and [[Michael Smurfit|Sir Michael Smurfit]].<ref>{{cite web|url=http://www.corporatereputations.ie/news_item.php?id=88|title=President Mary McAleese presents Centennial Awards|archiveurl=https://web.archive.org/web/20110721123202/http://www.corporatereputations.ie/news_item.php?id=88 |archivedate=21 July 2011 }}</ref>
Quinn attended [[Blackrock College]], and graduated from [[University College Dublin]] (BComm) in 1962. He qualified as a Chartered Accountant in 1966. He is main benefactor of the [[UCD Quinn School of Business]].<ref>[http://www.smurfitschool.ie/aboutsmurfit/advisoryboards/ireland/lochlannquinn/ Smurfit Business School] {{webarchive|url=https://web.archive.org/web/20090503131443/http://www.smurfitschool.ie/aboutsmurfit/advisoryboards/ireland/lochlannquinn/ |date=3 May 2009 }}</ref> On Friday, April 24, 2009, the President of Ireland, [[Mary McAleese]], presented the UCD Ulysses Medal, the highest honour that the university can bestow, to Quinn and [[Michael Smurfit|Sir Michael Smurfit]].<ref>[http://www.corporatereputations.ie/news_item.php?id=88 Medal] {{webarchive|url=https://web.archive.org/web/20110721123202/http://www.corporatereputations.ie/news_item.php?id=88 |date=21 July 2011 }}</ref>


==Career==
==Career==
Early in his career, Quinn worked for [[Arthur Andersen|Arthur Andersen & Co.]] in London.<ref name=":1" /><ref>{{Cite web|last=Hardiman|first=Cyril|date=15 September 2004|title=Quinn sells his entire stake in Glen Dimplex to gross more than ?200m|url=https://www.independent.ie/business/irish/quinn-sells-his-entire-stake-in-glen-dimplex-to-gross-more-than-200m-25897786.html|url-status=live|archive-url=|archive-date=|access-date=2020-12-04|website=independent|language=en}}</ref> In 1969, he returned to Dublin to head up Arthur Andersen's audit practice in Ireland until 1980.<ref name=":1" /> In 1980, he joined [[Glen Dimplex]] – a small, privately owned Irish company – as Deputy Chairman and Finance Director.<ref name=":1" /> Quinn was one of two shareholders, but sold his interest in 2004.<ref name=":1" />
Quinn joined [[Arthur Andersen]] & Co. in London and, in 1969, he returned to Dublin to head up their audit practice in Ireland until 1980. In 1980, he joined [[Glen Dimplex]] – a small, privately owned Irish company – as deputy chairman and finance director. The company now{{When|date=September 2011}} has annual sales of $1.3 billion and employs 8,000 people in Europe and Canada. Quinn was one of two shareholders but has recently{{When|date=September 2011}} sold his interest. Quinn is also a former director of AIB Bank (1995–96), former chairman of [[Allied Irish Banks]] Group, and half-owner of The [[Merrion Hotel]].


===AIB===
In 1995, Quinn joined the board of [[Allied Irish Banks]] in May 1995.<ref name=":0">{{Cite web|last=Keena|first=Colm|title=Quinn set to step down as chairman of AIB this month|url=https://www.irishtimes.com/business/quinn-set-to-step-down-as-chairman-of-aib-this-month-1.380661|access-date=2020-12-04|website=The Irish Times|language=en}}</ref> He became chairman of AIB's board in 1997, and served in this position until 2003.<ref name=":0" /> In 2002, AIB came under investigation for fraudulent trading activities at it's American subsidiary, AllFirst.<ref name=":2">{{cite web|last=|first=|date=14 March 2002|title=AIB sacks six executives over trading losses at Allfirst|url=http://www.4ni.co.uk/northern_ireland_news.asp?id=10033|url-status=live|archive-url=|archive-date=|access-date=|website=}}</ref> Quinn and the company's Chief Executive, Michael Buckley, offered their resignations to the board of AIB, but were asked to stay on by the board.<ref name=":2" />
Following the fraudulent trading activities at AIB's American subsidiary - AllFirst - both Quinn and the Chief Executive, Michael Buckley, offered their resignations to the board of AIB on Tuesday, March 12, 2002, but were asked to stay on by the board.<ref>{{Cite web|url=http://www.4ni.co.uk/northern_ireland_news.asp?id=10033|title = AIB sacks six executives over trading losses at Allfirst}}</ref>

In 1992, Quinn and two others acquired four Georgian townhouses in Dublin to build the [[Merrion Hotel]].<ref>{{Cite web|last=Digby|first=Marie Claire|title='It was conceived as a gigantic hobby': Lochlann Quinn on 20 years of the Merrion Hotel|url=https://www.irishtimes.com/life-and-style/food-and-drink/it-was-conceived-as-a-gigantic-hobby-lochlann-quinn-on-20-years-of-the-merrion-hotel-1.3250729|access-date=2020-12-04|website=The Irish Times|language=en}}</ref>


==Private business interests==
==Private business interests==
Quinn's business interests include the [[Merrion Hotel]] in Dublin; commercial properties in Dublin, London and Brussels; and a [[vineyard]] in Bordeaux ([[Château de Fieuzal]]).<ref>{{cite web|url=http://www.thewinedoctor.com/bordeaux/fieuzal.shtml |title=Owner of Chateau de Fieuzal}}</ref>
Quinn's business interests include the [[Merrion Hotel]] in Dublin; commercial properties in Dublin, London and Brussels; and a [[vineyard]] in Bordeaux ([[Château de Fieuzal]]).<ref>[http://www.thewinedoctor.com/bordeaux/fieuzal.shtml Owner of Chateau de Fieuzal]</ref>


Since January 22, 2008, he has been the Chairman of the [[Electricity Supply Board]] (ESB).<ref>{{cite web|url=http://www.businessandfinance.ie/index.jsp?p=222&n=227&a=531|title=ESB Chairman|archiveurl=https://web.archive.org/web/20110721122852/http://www.businessandfinance.ie/index.jsp?p=222&n=227&a=531 |archivedate=21 July 2011 }}</ref>
Since January 22, 2008, he has been the chairman of the [[Electricity Supply Board]] (ESB).<ref>[http://www.businessandfinance.ie/index.jsp?p=222&n=227&a=531 ESB Chairman] {{webarchive|url=https://web.archive.org/web/20110721122852/http://www.businessandfinance.ie/index.jsp?p=222&n=227&a=531 |date=21 July 2011 }}</ref>


In 1991, it was reported that Quinn was a shareholder in a company called United Property Holdings, one of the firms at the center of the Johnston Mooney & O'Brien scandal. The company made a £2 million profit on the first deal involving the site in Ballsbridge, Dublin. Other shareholders included [[Dermot Desmond]], Smurfit Paribas Investment Management, [[Glen Dimplex]] founder Martin Naughton and horse breeder [[John Magnier]]. [[Joe Lewis (British businessman)|Joe Lewis]] was also reported to be a shareholder.<ref>https://www.irishtimes.com/newspaper/archive/1991/0921/Pg001.html#Ar00104:40B78742879C43378746579C</ref>
In 1991, it was reported that Quinn was a shareholder in a company called United Property Holdings, one of the firms at the center of the Johnston Mooney & O'Brien scandal. The company made a £2 million profit on the first deal involving the site in Ballsbridge, Dublin. Other shareholders included [[Dermot Desmond]], Smurfit Paribas Investment Management, [[Glen Dimplex]] founder Martin Naughton and horse breeder [[John Magnier]]. [[Joe Lewis (British businessman)|Joe Lewis]] was also reported to be a shareholder.<ref>{{cite news| url = https://www.irishtimes.com/newspaper/archive/1991/0921/Pg001.html#Ar00104:40B78742879C43378746579C| title = The Irish Times - Saturday, September 21, 1991 - Page 1| newspaper = [[The Irish Times]]}}</ref>


==Voluntary roles==
==Voluntary roles==
Quinn is a benefactor to, and chairman of, the [[National Gallery of Ireland]].<ref>{{cite web|url=http://www.dast.gov.ie/publications/release.asp?ID=100603 |title=Minister for Arts, Sports and Tourism - speech|archiveurl=https://web.archive.org/web/20110721124722/http://www.dast.gov.ie/publications/release.asp?ID=100603 |archivedate=21 July 2011 }}</ref><ref>{{cite web|title=National Gallery of Ireland donation|url=http://www.nationalgallery.ie/html/press5.html|archiveurl=https://web.archive.org/web/20090706024047/http://www.nationalgallery.ie/html/press5.html|archivedate=6 July 2009}}</ref> He was director of the [[Irish Museum of Modern Art]] from 1990 until 2000 and was also chairman of the museum from 1997 until 2003.<ref name=":3">{{Cite web|title=A bon viveur with love of fine art and fine wine|url=https://www.independent.ie/irish-news/a-bon-viveur-with-love-of-fine-art-and-fine-wine-26818083.html|access-date=2020-12-04|website=independent|language=en}}</ref><ref>{{Cite web|title=UCD News - Re-development project heralds new science facilities at Belfield|url=https://www.ucd.ie/news/0711_nov/021107_business_journalism.html|access-date=2020-12-04|website=www.ucd.ie}}</ref> He is a member of the Irish Advisory Board of the UCD [[Michael Smurfit Graduate School of Business]].<ref>{{cite web|url=http://www.smurfitschool.ie/aboutsmurfit/advisoryboards/ireland |title=UCD Michael Smurfit Graduate School of Business|archiveurl=https://web.archive.org/web/20100214041918/http://www.smurfitschool.ie/aboutsmurfit/advisoryboards/ireland/ |archivedate=14 February 2010 }}</ref>
Quinn is a major benefactor to,<ref>[http://www.nationalgallery.ie/html/press5.html National Gallery of Ireland donation] {{webarchive|url=https://web.archive.org/web/20090706024047/http://www.nationalgallery.ie/html/press5.html |date=6 July 2009 }}</ref> and former chairman of, the [[National Gallery of Ireland]].<ref>[http://www.dast.gov.ie/publications/release.asp?ID=100603 Minister for Arts, Sports and Tourism - speech] {{webarchive|url=https://web.archive.org/web/20110721124722/http://www.dast.gov.ie/publications/release.asp?ID=100603 |date=21 July 2011 }}</ref> He was also chairman (1997–2003) of the [[Irish Museum of Modern Art]] (1990–2000). He is a member of the Irish Advisory Board of the UCD [[Michael Smurfit Graduate School of Business]].<ref>[http://www.smurfitschool.ie/aboutsmurfit/advisoryboards/ireland UCD Michael Smurfit Graduate School of Business] {{webarchive|url=https://web.archive.org/web/20100214041918/http://www.smurfitschool.ie/aboutsmurfit/advisoryboards/ireland/ |date=14 February 2010 }}</ref>


==Personal life==
==Personal life==
Quinn is married to Brenda, and they have six children.<ref name=":3" /> He is a brother of [[Ruairi Quinn]], and first cousin of Senator [[Feargal Quinn]].<ref name=":3" /><ref>{{Cite web|title=Superquinn founder and former senator Feargal Quinn has died aged 82|url=https://www.independent.ie/business/irish/superquinn-founder-and-former-senator-feargal-quinn-has-died-aged-82-38049916.html|access-date=2020-12-04|website=independent|language=en}}</ref> His son [[Oisín Quinn]] is a councillor on Dublin City Council and former Lord Mayor of Dublin.<ref name=":3" />
Quinn is married to Brenda, and they have six children. He is a brother of [[Ruairi Quinn]], and first cousin of [[Feargal Quinn]]. His son [[Oisín Quinn]] is a former councillor on Dublin City Council and former Lord Mayor of Dublin.


==References==
==References==
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[[Category:1940 births]]
[[Category:1940 births]]
[[Category:20th-century Irish people]]
[[Category:20th-century Irish businesspeople]]
[[Category:21st-century Irish people]]
[[Category:21st-century Irish businesspeople]]
[[Category:Living people]]
[[Category:Living people]]
[[Category:Alumni of University College Dublin]]
[[Category:Alumni of University College Dublin]]
[[Category:Businesspeople from County Dublin]]
[[Category:Businesspeople from County Dublin]]
[[Category:Irish philanthropists]]
[[Category:People educated at Blackrock College]]
[[Category:People educated at Blackrock College]]
[[Category:20th-century Irish philanthropists]]
[[Category:21st-century Irish philanthropists]]

Latest revision as of 11:22, 10 June 2024

Lochlann Quinn (born 1940) is an Irish businessman and philanthropist.

Education

[edit]

Quinn attended Blackrock College, and graduated from University College Dublin (BComm) in 1962. He qualified as a Chartered Accountant in 1966. He is main benefactor of the UCD Quinn School of Business.[1] On Friday, April 24, 2009, the President of Ireland, Mary McAleese, presented the UCD Ulysses Medal, the highest honour that the university can bestow, to Quinn and Sir Michael Smurfit.[2]

Career

[edit]

Quinn joined Arthur Andersen & Co. in London and, in 1969, he returned to Dublin to head up their audit practice in Ireland until 1980. In 1980, he joined Glen Dimplex – a small, privately owned Irish company – as deputy chairman and finance director. The company now[when?] has annual sales of $1.3 billion and employs 8,000 people in Europe and Canada. Quinn was one of two shareholders but has recently[when?] sold his interest. Quinn is also a former director of AIB Bank (1995–96), former chairman of Allied Irish Banks Group, and half-owner of The Merrion Hotel.

AIB

[edit]

Following the fraudulent trading activities at AIB's American subsidiary - AllFirst - both Quinn and the Chief Executive, Michael Buckley, offered their resignations to the board of AIB on Tuesday, March 12, 2002, but were asked to stay on by the board.[3]

Private business interests

[edit]

Quinn's business interests include the Merrion Hotel in Dublin; commercial properties in Dublin, London and Brussels; and a vineyard in Bordeaux (Château de Fieuzal).[4]

Since January 22, 2008, he has been the chairman of the Electricity Supply Board (ESB).[5]

In 1991, it was reported that Quinn was a shareholder in a company called United Property Holdings, one of the firms at the center of the Johnston Mooney & O'Brien scandal. The company made a £2 million profit on the first deal involving the site in Ballsbridge, Dublin. Other shareholders included Dermot Desmond, Smurfit Paribas Investment Management, Glen Dimplex founder Martin Naughton and horse breeder John Magnier. Joe Lewis was also reported to be a shareholder.[6]

Voluntary roles

[edit]

Quinn is a major benefactor to,[7] and former chairman of, the National Gallery of Ireland.[8] He was also chairman (1997–2003) of the Irish Museum of Modern Art (1990–2000). He is a member of the Irish Advisory Board of the UCD Michael Smurfit Graduate School of Business.[9]

Personal life

[edit]

Quinn is married to Brenda, and they have six children. He is a brother of Ruairi Quinn, and first cousin of Feargal Quinn. His son Oisín Quinn is a former councillor on Dublin City Council and former Lord Mayor of Dublin.

References

[edit]
  1. ^ Smurfit Business School Archived 3 May 2009 at the Wayback Machine
  2. ^ Medal Archived 21 July 2011 at the Wayback Machine
  3. ^ "AIB sacks six executives over trading losses at Allfirst".
  4. ^ Owner of Chateau de Fieuzal
  5. ^ ESB Chairman Archived 21 July 2011 at the Wayback Machine
  6. ^ "The Irish Times - Saturday, September 21, 1991 - Page 1". The Irish Times.
  7. ^ National Gallery of Ireland donation Archived 6 July 2009 at the Wayback Machine
  8. ^ Minister for Arts, Sports and Tourism - speech Archived 21 July 2011 at the Wayback Machine
  9. ^ UCD Michael Smurfit Graduate School of Business Archived 14 February 2010 at the Wayback Machine
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