Philip Edward Yea (born 11 December 1954) is a British businessman and
private equity
In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a ty ...
investor, and the chairman of
Equiniti
Equiniti Group is a United Kingdom, British-based outsourcing business focused on financial and administration services.
History
The business has its origins in the stock transfer agent, share registration business of Lloyds Bank, Lloyds TSB w ...
and Mondi plc. He is a non-executive director of Aberdeen Standard Asia Focus plc and
Marshall of Cambridge
Marshall may refer to:
Places
Australia
* Marshall, Victoria, a suburb of Geelong, Victoria
Canada
* Marshall, Saskatchewan
* The Marshall, a mountain in British Columbia
Liberia
* Marshall, Liberia
Marshall Islands
* Marshall Islands, an i ...
(Holdings) Ltd.
He is a former chairman of
Greene King
Greene King is a large pub retailer and brewer. It is based in Bury St Edmunds, Suffolk, England. The company owns pubs, restaurants and hotels. It was listed on the London Stock Exchange until it was acquired by CK Assets in October 2019.
...
plc (2016 to 2019) and
bwin.party digital entertainment
bwin.party Digital Entertainment was an online gambling company, formed by the March 2011 merger of PartyGaming plc and bwin Interactive Entertainment AG. Formerly the world's largest publicly traded online gambling firm, it was best known fo ...
plc (2014 to 2016). He was chairman of the trustees at the
British Heart Foundation
The British Heart Foundation (BHF) is a cardiovascular research charity in the United Kingdom. It funds medical research related to heart and circulatory diseases and their risk factors, and runs influencing work aimed at shaping public policy ...
from 2009 to 2015, and was an independent trustee director of
The Francis Crick Institute during its formation (2011 to 2018). Prior to this, he was chief executive of
3i Group plc, from 2005 to January 2009. Yea was a non-executive director of
Vodafone Group plc from 2005 to 2017 and senior business adviser to
Prince Andrew, Duke of York
Prince Andrew, Duke of York, (Andrew Albert Christian Edward; born 19 February 1960) is a member of the British royal family. He is the younger brother of King Charles III and the third child and second son of Queen Elizabeth II and Prince ...
. between 2009 and 2014. In 2008, he was ranked 41st in The Times Power 100 list, a list which rates the most powerful people in British business.
Early life
He attended
Wallington County Grammar School
Wallington County Grammar School (WCGS) is a selective state boys' grammar school with a coeducational Sixth Form located in the London Borough of Sutton. From 1968 to the mid-1990s the school was known as Wallington High School for Boys. One ...
and later obtained a degree in Modern Languages (French and Spanish) from
Brasenose College, Oxford
Brasenose College (BNC) is one of the constituent colleges of the University of Oxford in the United Kingdom. It began as Brasenose Hall in the 13th century, before being founded as a college in 1509. The library and chapel were added in the mi ...
.
Career
Yea joined
3i in July 2004, after a career spanning both public and private companies, having been a managing director at
Investcorp
Investcorp is a global manager of alternative investment products, for private and institutional clients. Founded in Bahrain in 1982, the firm has offices in United States, United Kingdom, Saudi Arabia, Qatar, United Arab Emirates, India, China, ...
, where his main focus was on the performance of portfolio investments. He joined Investcorp in 1999 from
Diageo
Diageo plc () is a Multinational corporation, multinational alcoholic beverage company, with its headquarters in London, England. It operates from 132 sites around the world. It was the world's largest distiller before being overtaken by Kweich ...
. He spent six years as group finance director, both at
Guinness
Guinness () is an Irish dry stout that originated in the brewery of Arthur Guinness at St. James's Gate, Dublin, Ireland, in 1759. It is one of the most successful alcohol brands worldwide, brewed in almost 50 countries, and available in ove ...
and then at Diageo after Guinness's merger with
Grand Metropolitan
Grand Metropolitan plc was a leisure, manufacturing and property conglomerate headquartered in England. The company was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index until it merged with Guinness plc to form ...
in 1997. Yea's thirteen-year career at Guinness/Diageo mainly involved financial positions but also saw him in a number of wider-ranging roles including the chairmanship of The
Gleneagles Hotel
Gleneagles Hotel is a hotel near Auchterarder, Scotland. It was commissioned by the Caledonian Railway and opened in 1924. The bandleader, Henry Hall (bandleader), Henry Hall, performed at the hotel before the World War II, Second World War d ...
and
Guinness Publishing
''Guinness World Records'', known from its inception in 1955 until 1999 as ''The Guinness Book of Records'' and in previous United States editions as ''The Guinness Book of World Records'', is a reference book published annually, listing world ...
. He was also a director of
Moët Hennessy
LVMH Moët Hennessy Louis Vuitton (), commonly known as LVMH, is a French holding multinational corporation and conglomerate specializing in luxury goods, headquartered in Paris. The company was formed in 1987 through the merger of fashion house ...
. He has also been a non-executive director of
HBOS
HBOS plc was a banking and insurance company in the United Kingdom, a wholly owned subsidiary of the Lloyds Banking Group, having been taken over in January 2009. It was the holding company for Bank of Scotland plc, which operated the Bank ...
plc and of
Manchester United
Manchester () is a city in Greater Manchester, England. It had a population of 552,000 in 2021. It is bordered by the Cheshire Plain to the south, the Pennines to the north and east, and the neighbouring city of City of Salford, Salford to ...
plc.
Yea is a member of the
Chartered Institute of Management Accountants
The Chartered Institute of Management Accountants (CIMA) is the global professional management accounting body based out of the UK. CIMA offers training and qualification in management accountancy and related subjects. It is focused on accountan ...
.
Personal life
He is married with three children.
Big Shot
The Times, 12 May 2006
References
External links
Philip Yea: The Acceptable Face of Private Equity
The Independent, 23 June 2007
The Poster Boy of Private Equity
The Telegraph, 8 July 2007
{{DEFAULTSORT:Yea, Philip Edward
1954 births
Living people
People educated at Wallington County Grammar School
Alumni of Brasenose College, Oxford
Private equity and venture capital investors
Manchester United F.C. directors and chairmen
3i Group people
Vodafone people
British chief executives
British corporate directors