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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.
'''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.


==Education==
==Education==
Quinn took his secondary education with the Congregation of the Holy Ghost at [[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>{{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> On Friday, April 24, 2009, the President of Ireland, [[Mary McAleese]], presented the prestigious 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 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>{{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>


==Career==
==Career==
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]].
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.

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" />

He is also half-owner of The [[Merrion Hotel]].


===AIB===
===AIB===

Revision as of 15:35, 4 December 2020

Lochlann Quinn (born 1940) is an 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.

Education

Quinn took his secondary education with the Congregation of the Holy Ghost at Blackrock College,[1] and graduated from University College Dublin (BComm) in 1962.[2] He qualified as a Chartered Accountant in 1966.[3] He is main benefactor of the UCD Quinn School of Business.[4] 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 Sir Michael Smurfit.[5]

Career

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.

In 1995, Quinn joined the board of Allied Irish Banks in May 1995.[6] He became chairman of AIB's board in 1997, and served in this position until 2003.[6]

He is also half-owner of The Merrion Hotel.

AIB

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.[7]

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).[8]

Since January 22, 2008, he has been the Chairman of the Electricity Supply Board (ESB).[9]

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.[10]

Voluntary roles

Quinn is a major benefactor to,[11] and chairman of, the National Gallery of Ireland.[12] He was also chairman (1997–2003) and former Director 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.[13]

Personal life

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

References

  1. ^ Flynn, Sean (9 November 2010). "College confident lost funds will be returned". The Irish Times. Retrieved 4 December 2020.{{cite web}}: CS1 maint: url-status (link)
  2. ^ Donnelly, Katherine (4 November 2004). "Honorary degrees for excelling in university of life". independent. Retrieved 4 December 2020.{{cite web}}: CS1 maint: url-status (link)
  3. ^ McManus, John. "Big Brothers". The Irish Times. Retrieved 4 December 2020.
  4. ^ "Smurfit Business School". Archived from the original on 3 May 2009.
  5. ^ "President Mary McAleese presents Centennial Awards". Archived from the original on 21 July 2011.
  6. ^ a b Keena, Colm. "Quinn set to step down as chairman of AIB this month". The Irish Times. Retrieved 4 December 2020.
  7. ^ "AIB sacks six executives over trading losses at Allfirst". 14 March 2002.{{cite web}}: CS1 maint: url-status (link)
  8. ^ "Owner of Chateau de Fieuzal".
  9. ^ "ESB Chairman". Archived from the original on 21 July 2011.
  10. ^ https://www.irishtimes.com/newspaper/archive/1991/0921/Pg001.html#Ar00104:40B78742879C43378746579C
  11. ^ "National Gallery of Ireland donation". Archived from the original on 6 July 2009.
  12. ^ "Minister for Arts, Sports and Tourism - speech". Archived from the original on 21 July 2011.
  13. ^ "UCD Michael Smurfit Graduate School of Business". Archived from the original on 14 February 2010.
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