Gavyn Davies

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Gavyn Davies
Davies in 2011
Born (1950-11-27) 27 November 1950 (age 73)
NationalityBritish
Alma materSt John's College, Cambridge
Known forFormer Chairman of the BBC
Political partyLabour Party (until 2001)
SpouseSue Nye
Children1 daughter, 2 sons

Gavyn Davies,

chairman of the BBC from 2001 until 2004.[1] On 28 January 2004 he announced that he was resigning his BBC post following the publication of the Hutton Inquiry
report which heavily criticised the organisation.

Early life and business career

Davies was born in

managing director of the bank. During this time he also served as one of the Chancellor of the Exchequer's "wise men" during the 1992–1997 Parliament.[citation needed
]

BBC inquiry and board membership

In 1999 he chaired an inquiry into the future funding of the BBC. His suggestions – to sell off a portion of BBC Worldwide (the corporation's commercial wing) and to raise the

Culture, Media and Sport Select Committee
.

In January 2001, he was appointed vice-chairman of the BBC Board of Governors. He was promoted to chairman just 10 months later for a five-year term after being recommended by Tessa Jowell. Upon becoming chairman, Davies resigned his membership of the Labour Party.[4] In January 2004, he resigned from the board after the publication of the Hutton Inquiry which heavily criticised the BBC's news reporting, for which Davies had pledged support. In his resignation statement he said he was "happy to accept ... ultimate responsibility" for everything the BBC does. However, he raised questions about the conclusions of Lord Hutton, including the question of the use of unverifiable sources and possible threats to the freedom of the press.

Davies has in the past donated part of his wealth to the

Prime Minister Gordon Brown and the pair are known to be good friends. Defenders of the appointment pointed out that Davies had been selected by a panel independent of Government. It has been suggested that the behaviour of Davies and Greg Dyke during the David Kelly
affair was in part due to a wish to demonstrate their independence of government. After his resignation, he became somewhat of a critic of the then Labour government.

Later career

In 2005, he set up a $1.35 Billion

macroeconomic situations. He also wrote a weekly column on mathematics and statistics, Gavyn Davies does the maths, for The Guardian. Since August 2010 he has written a blog on macroeconomics for Financial Times
.

He is a founding partner of Active Private Equity, Anthos Capital,[5] and Prisma Capital Partners, as well as Chairman of Fulcrum Asset Management.

Personal life

Davies and his wife live in Wandsworth, having moved there to give their daughter the opportunity to attend a better school.[6] They also have two sons and a further home in Croyde, Devon.[7][8]

References

  1. ^ Winnett, Robert (29 April 2010). "General Election 2010: Sue Nye is the aide blamed for Gordon Brown's 'bigoted' gaffe". The Daily Telegraph. London. Retrieved 10 September 2013.
  2. ^ 'He's good. And very rich...bastard', The Guardian, 18 March 1999
  3. ^ Singh, Anita (6 January 2021). "BBC's new chairman Richard Sharp charged with restoring impartiality". The Telegraph. Daily Telegraph. Retrieved 26 April 2023.
  4. ^ "TV AND RADIO | Gavyn Davies is BBC chair". BBC News. 19 September 2001. Retrieved 10 September 2013.
  5. ^ "People". Anthos Capital. Archived from the original on 14 August 2013. Retrieved 10 September 2013.
  6. ^ Culture (25 September 2001). "No crony bone in my body". The Daily Telegraph. London. Retrieved 10 September 2013.
  7. ^ "Entertainment | Gavyn Davies: Outspoken defence". BBC News. 28 January 2004. Retrieved 10 September 2013.
  8. ^ Rees, Caroline (19 October 2005). "Cream of the Country: Croyde – House & Home – Property". The Independent. London. Retrieved 10 September 2013.[dead link]

External links

Media offices
Preceded by Vice Chairman of the BBC Board of Governors
2001-2002
Succeeded by
Preceded by Chairman of the BBC Board of Governors
2001-2004
Succeeded by