Peter Andrew Jestyn Phillips (born May 1, 1962) is a British business leader and
strategist who became Chief Executive of
Cambridge University Press & Assessment
Cambridge University Press & Assessment is a non-teaching department of the University of Cambridge. It was formed in August 2021, when the University of Cambridge merged its global academic research and education publisher Cambridge University Pr ...
, a non-teaching department of the
University of Cambridge, when it was formed on 1 August 2021.
He is also a Fellow of
Wolfson College, Cambridge,
a Trustee of the
Cambridge Commonwealth Trust and a Council Member and former President of
The Publishers Association.
He has previously been a trustee of the
Nuffield Trust, the
Crafts Council,
Article 19 and the John Schofield Trust, an adviser to the
Royal College of Physicians, Chairman of the Sabre Trust and a director of Parliamentary Broadcasting Limited.
The Bookseller described Phillips as one of the "most influential people in UK publishing", noting that his "efficient and sensitive handling of the integration (of
Cambridge University Press & Assessment
Cambridge University Press & Assessment is a non-teaching department of the University of Cambridge. It was formed in August 2021, when the University of Cambridge merged its global academic research and education publisher Cambridge University Pr ...
) has won plaudits internally and externally"
Education
Phillips studied Mathematics at
Merton College
Merton College (in full: The House or College of Scholars of Merton in the University of Oxford) is one of the constituent colleges of the University of Oxford in England. Its foundation can be traced back to the 1260s when Walter de Merton, ch ...
, University of Oxford, graduating with first class honours. He also holds a Masters degree from the
University of Cambridge and graduated from
Harvard Business School
Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA p ...
’s
Advanced Management Program An Advanced Management Program (AMP) is an intensive non-degree senior executive education program often offered by elite business schools and aimed at senior managers and government officials. It is offered by business schools in several parts of ...
in 2002.
Career
After graduating from the
University of Oxford, Phillips joined the strategy consulting firm
Bain & Company, where he spent seven years, before moving on to corporate finance at investment bank
SG Warburg
S. G. Warburg & Co. was a London-based investment bank. It was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index. The firm was acquired by the Swiss Bank Corporation in 1995 and ultimately became a part of UBS. ...
.
In 1993, he joined the
British Broadcasting Corporation (BBC) as Head of Corporate Planning and became Finance Director of BBC News in 1997, before being appointed as BBC News’ Chief Operating Officer in 2001. In 2005, he became the BBC’s Director of Business Development, and was responsible for the sale of
BBC Broadcast to Australian investment bank,
Macquarie Bank, for £166m. The business was subsequently renamed
Red Bee Media.
In 2006, Phillips moved to
Ofcom
The Office of Communications, commonly known as Ofcom, is the government-approved regulatory and competition authority for the broadcasting, telecommunications and postal industries of the United Kingdom.
Ofcom has wide-ranging powers acros ...
, the UK's media and communications regulator, where he was a member of the Board. As Partner, Strategy & Market Developments, he was responsible for its approach to reshaping regulation in the light of digital developments, and led its work on the future of public service broadcasting, high-speed broadband, and illegal internet file sharing. Early in his tenure, he presented Ofcom's findings into the changing use of electronic devices in the UK which questioned the future of
commercial advertising, and was a member of the Steering Board that informed the UK government's 2009 strategic report into a
Digital Britain that was sponsored by the
Department for Culture, Media and Sport and
Department for Business, Innovation and Skills
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. In 2007, he led the organisation's call for a national debate on the future of children's television in Britain, given concerns about cultural differences present in imported shows. Giving evidence to the
House of Lords Communications Committee in 2010, Phillips acknowledged concerns about children's programming in the UK, but stated the output of domestic broadcasters had been driven by parliamentary decisions. In 2008, he presented the findings of the organisation's second consultation into the future of
Public Service Broadcasting, which concluded that £145-235 million of replacement public funding would needed by 2012 to keep public service programmes in the UK in addition to the
BBC. Phillips and other Board members turned down bonuses in 2009 after the organisation froze the pay of all Ofcom staff given the UK economic downturn caused by the
financial crisis of 2007-2008. In 2010, he presented the conclusions of the organisation's 18-month review of early termination charges on landline telephone contracts in the UK. Telephone operators
BT,
TalkTalk and
Virgin Media all reduced their exit charges following the regulator's determination of apparent inconsistencies with the
Unfair Terms in Consumer Contracts Regulations 1999.
In 2010, Phillips moved to
Cambridge University Press, the world's oldest media organisation, as Chief Operating Officer. He was appointed as the Press's Chief Executive in 2012. In 2018, Phillips, along with other representatives of the
Publishers Association called on the UK government to make sure the country retained its place as ‘the world’s publisher’ during the UK government's
Brexit negotiations with the
European Union.
In 2021, he became the inaugural Chief Executive of
Cambridge University Press & Assessment
Cambridge University Press & Assessment is a non-teaching department of the University of Cambridge. It was formed in August 2021, when the University of Cambridge merged its global academic research and education publisher Cambridge University Pr ...
, formed when the
University of Cambridge merged
Cambridge University Press with its worldwide assessment arm
University of Cambridge Local Examinations Syndicate (UCLES, also known as Cambridge Assessment).
At the 2022
Education World Forum Peter Phillips warned of the impact of the Covid-19 pandemic on students' mental health, urging the gathering of education ministers and leaders to "put wellbeing at the heart of everything we do."
References
{{DEFAULTSORT:Phillips, Peter Andrew Jestyn
1962 births
Living people
Alumni of Merton College, Oxford
Fellows of Wolfson College, Cambridge
People from Cardiff
Cambridge University Press
BBC people
Harvard Business School alumni
Alumni of the University of Cambridge
Bain & Company employees
S. G. Warburg & Co. people