John Silvester Varley
John Varley | |
---|---|
Born | Warwick, England | 1 April 1956
Education | Downside School |
Alma mater | Oriel College, Oxford University of Law |
Occupation | Banker |
Known for | 2017 SFO fraud charge |
Title | former CEO, Barclays |
Term | 2004–11 |
Predecessor | Matthew Barrett |
Successor | Bob Diamond |
Spouse |
Carolyn Thorn Pease (m. 1984) |
Children | 2 |
Relatives | Sir Richard Pease, 3rd Baronet (father-in-law) |
John Silvester Varley (born 1 April 1956) is an English banker who was the group chief executive of Barclays from 2004 to 2011.
Early life
John Silvester Varley was born in
Career
He became a solicitor with Frere Cholmeley (which became Frere Cholmeley Bischoff and was then bought by
Varley joined Barclays in 1982, as part of the
On 1 January 2004, Varley became group deputy chief executive, and on 1 September 2004 he succeeded Matthew Barrett as group chief executive of Barclays. His annual salary from Barclays was £1,075,000.[6] On 1 January 2011 he was succeeded as chief executive by Robert Diamond.
As of 2013, Varley was a trustee of
In June 2017, following a five-year investigation by the UK's
Personal life
In 1981 he married Carolyn Thorn Pease, daughter of
His sister-in-law is the hedge fund manager Nichola Pease, who was married to hedge fund billionaire Crispin Odey.[14]
They have two children.[15] They live in Brook Green in Hammersmith, West London, and own a country house in Hampshire.[16][17]
References
- ^ Moore, Malcolm (17 September 2010). "Barclay's chief executive John Varley defends banking industry". Telegraph. Retrieved 21 June 2017.
- ^ a b Treanor, Jill (15 June 2007). "Ping pong-playing banker chases a world ranking". The Guardian. Retrieved 8 January 2008.
- ^ Blackhurst, Chris. "The MT interview: John Varley". Managementtoday.co.uk. Retrieved 21 June 2017.
- ^ Jill Treanor (15 June 2007). "The Friday interview: John Varley, chief executive of Barclays | Business". The Guardian. Retrieved 21 June 2017.
- ^ a b c "John Varley (Chief Executive 2004-2010) | Barclays Group Archives". Archive.barclays.com. Archived from the original on 17 August 2016. Retrieved 21 June 2017.
- ^ "John Varley Profile". Forbes. Archived from the original on 25 January 2009. Retrieved 7 August 2009.
- ^ "About Us," The Prince of Wales's Charitable Foundation Archived 24 March 2016 at the Wayback Machine, accessed 1 May 2013.
- ^ "Barclays charged with fraud in Qatar case - BBC News". Bbc.co.uk. 1 January 1970. Retrieved 20 June 2017.
- ^ Jill Treanor (1 January 1970). "Senior Barclays bankers charged with fraud over credit crunch fundraising | Business". The Guardian. Retrieved 20 June 2017.
- ^ Ben Martin, banking correspondent (16 June 2017). "Ex-Barclays boss faces 22 years jail if guilty of fraud". Telegraph.co.uk. Retrieved 21 June 2017.
- ^ "Former Barclays head cleared of fraud charges". BBC News. 21 June 2019. Retrieved 22 June 2019.
- ^ Carolyn Thorn Pease
- ^ Jacques, Martin (23 April 2009). "The strangest bank of all". Newstatesman.com. Retrieved 21 June 2017.
- ^ "How The Pease Dynasty is linked to the credit crunch | Business". The Guardian. 7 December 2008. Retrieved 20 June 2017.
- ^ 8:02AM BST 7 September 2010 (7 September 2010). "Barclays: John Varley biography". Telegraph. Retrieved 21 June 2017.
{{cite web}}
: CS1 maint: numeric names: authors list (link) - ^ Evening Standard (21 January 2009). "The fat cats and their bonus bonanza | London Evening Standard". Standard.co.uk. Retrieved 21 June 2017.
- ^ "The 4 former Barclays men charged with fraud by the SFO". Financial Times. 20 June 2017. Retrieved 22 June 2019.