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Lochlann Quinn (born 1940) is an
Irish Irish may refer to: Common meanings * Someone or something of, from, or related to: ** Ireland, an island situated off the north-western coast of continental Europe ***Éire, Irish language name for the isle ** Northern Ireland, a constituent unit ...
businessman and philanthropist.


Education

Quinn attended
Blackrock College Blackrock College ( ga, Coláiste na Carraige Duibhe) is a voluntary secondary school, voluntary day school, day and boarding school, boarding Catholicism, Catholic secondary school for boys aged 13–18, in Williamstown, Blackrock, Dublin, Bl ...
, and graduated from
University College Dublin University College Dublin (commonly referred to as UCD) ( ga, Coláiste na hOllscoile, Baile Átha Cliath) is a public research university in Dublin, Ireland, and a collegiate university, member institution of the National University of Ireland ...
(BComm) in 1962. He qualified as a Chartered Accountant in 1966. He is main benefactor of the
UCD Quinn School of Business University College Dublin (commonly referred to as UCD) ( ga, Coláiste na hOllscoile, Baile Átha Cliath) is a public research university in Dublin, Ireland, and a member institution of the National University of Ireland. With 33,284 students ...
. On Friday, April 24, 2009, the President of Ireland,
Mary McAleese Mary Patricia McAleese ( ; ga, Máire Pádraigín Mhic Ghiolla Íosa; ; born 27 June 1951) is an Irish activist lawyer and former politician who served as the eighth president of Ireland from November 1997 to November 2011. She is an academic ...
, presented the prestigious UCD Ulysses Medal, the highest honour that the university can bestow, to Quinn and Sir Michael Smurfit.


Career

Quinn joined
Arthur Andersen Arthur Andersen was an American accounting firm based in Chicago that provided auditing, tax advising, consulting and other professional services to large corporations. By 2001, it had become one of the world's largest multinational corporat ...
& 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 GlenDimplex (formerly known as Glen Electric) is an Irish based consumer electrical goods firm headquartered in Dublin, Ireland. The company is privately held, with manufacturing and development centres in the Republic of Ireland, the United Kingd ...
– a small, privately owned Irish company – as Deputy Chairman and Finance Director. The company now 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 sold his interest. Quinn is also a former Director of AIB Bank (1995–96), former chairman of
Allied Irish Banks Allied Irish Banks, p.l.c. is one of the so-called Big Four commercial banks in Ireland. AIB offers a full range of personal, business and corporate banking services. The bank also offers a range of general insurance products such as home, trav ...
Group, and half-owner of The
Merrion Hotel Merrion Hotel is a hotel in Dublin, Ireland, which comprises a block of four terraced houses on Upper Merrion Street, built in the 1760s by Charles Monck, 1st Viscount Monck, for wealthy Irish merchants and nobility. He lived in No. 22, which b ...
.


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.


Private business interests

Quinn's business interests include the
Merrion Hotel Merrion Hotel is a hotel in Dublin, Ireland, which comprises a block of four terraced houses on Upper Merrion Street, built in the 1760s by Charles Monck, 1st Viscount Monck, for wealthy Irish merchants and nobility. He lived in No. 22, which b ...
in Dublin; commercial properties in Dublin, London and Brussels; and a
vineyard A vineyard (; also ) is a plantation of grape-bearing vines, grown mainly for winemaking, but also raisins, table grapes and non-alcoholic grape juice. The science, practice and study of vineyard production is known as viticulture. Vineyards ...
in Bordeaux ( Château de Fieuzal). Since January 22, 2008, he has been the Chairman of the
Electricity Supply Board The Electricity Supply Board (ESB; ga, Bord Soláthair an Leictreachais) is a state owned (95%; the rest are owned by employees) electricity company operating in the Republic of Ireland. While historically a monopoly, the ESB now operates as ...
(ESB). 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 Dermot Desmond (born 14 August 1950) is an Irish businessman and financier. He is estimated to be worth €2.04 billion and is ranked by the ''Sunday Independent'' as the ninth-richest person in Ireland. Early life and education Desmond was b ...
, Smurfit Paribas Investment Management,
Glen Dimplex GlenDimplex (formerly known as Glen Electric) is an Irish based consumer electrical goods firm headquartered in Dublin, Ireland. The company is privately held, with manufacturing and development centres in the Republic of Ireland, the United Kingd ...
founder Martin Naughton and horse breeder
John Magnier John Magnier (born 10 February 1948; also known as "The Boss") is an Irish business magnate. He is Ireland's leading thoroughbred stud owner and has extensive business interests outside the horse-breeding industry. Magnier has also been a Senat ...
. Joe Lewis was also reported to be a shareholder.


Voluntary roles

Quinn is a major benefactor to, and former chairman of, the
National Gallery of Ireland The National Gallery of Ireland ( ga, Gailearaí Náisiúnta na hÉireann) houses the national collection of Irish and European art. It is located in the centre of Dublin with one entrance on Merrion Square, beside Leinster House, and another on ...
. He was also chairman (1997–2003) of the
Irish Museum of Modern Art The Irish Museum of Modern Art ( ga, Áras Nua-Ealaíne na hÉireann) also known as IMMA, is Ireland's leading national institution for the collection and presentation of modern and contemporary art. Located in Kilmainham, Dublin, the Museum pr ...
(1990–2000). He is a member of the Irish Advisory Board of the UCD
Michael Smurfit Graduate School of Business The UCD Michael Smurfit Graduate Business School is the graduate business school of University College Dublin (UCD) and is located in Blackrock, Dublin, Ireland, on the site of the former teacher-training Carysfort College. Undergraduate bus ...
.UCD Michael Smurfit Graduate School of Business


Personal life

Quinn is married to Brenda, and they have six children. He is a brother of
Ruairi Quinn Ruairi Quinn (born 2 April 1946) is an Irish former Labour Party politician who served as Minister for Education and Skills from 2011 to 2014, Leader of the Labour Party from 1997 to 2002, Deputy Leader of the Labour Party from 1989 to 1997, ...
, and first cousin of Senator
Feargal Quinn Feargal Quinn (27 November 1936 – 24 April 2019) was an Irish businessman, politician and television personality. He founded the Superquinn supermarket chain and served as a Senator for the National University constituency from 1993 to 2016. ...
. His son
Oisín Quinn Oisín Quinn (born 16 May 1969) is a former Irish Labour Party politician who served as Lord Mayor of Dublin from 2013 to 2014 and a Dublin City Councillor from 2004 to 2014. Quinn was first elected to Dublin City Council in the 2004 Irish loc ...
is a councillor on Dublin City Council and former Lord Mayor of Dublin.


References


External links


Quinn's personal investments: ''The Sunday Business Post''

Issues raised by fraudulent trading activities at AllFirst, 14 March 2002

Quinn's worth
''Sunday Business Post'', Saturday, 28 December 2002 {{DEFAULTSORT:Quinn, Lochlann 1940 births 20th-century Irish people 21st-century Irish people Living people Alumni of University College Dublin Businesspeople from County Dublin Irish philanthropists People educated at Blackrock College