HAYTHORNTHWAITE Richard
Person
HAYTHORNTHWAITE Richard

HAYTHORNTHWAITE
Richard

British business executive

Profession: Business executive

Content

Biography

Richard Neil Haythornthwaite, known as Rick, (born December 1956) is a British business executive. He has led several companies including being the chairman of MasterCard and the Creative Industries Federation.

He has been appointed as the independent non-executive chairman of Ocado Group, stepping in by the time of the company's May 2021 annual general meeting to replace previous Ocado chairman Stuart Rose.

Career

Haythornthwaite was an executive for BP from 1978 to 1995. He served as General Manager of the Magnus oilfield, operated by BP Exploration, and later served as the president of BP Venezuela.

Haythornthwaite served as the chief executive for Europe and Asia and group chief executive of Blue Circle Industries from 1997 to 2001, preparing it for its sale to Lafarge for £3.1 billion in cash. He served as the Chief Executive Officer of Invensys from 2001 to 2005. He was a partner at Star Capital Partners from 2006 to 2008. He also served as the chairman of Network Rail.

Haythornthwaite became chairman of MasterCard in May 2006 and of the Creative Industries Federation in 2017. He stepped down as chairman at Mastercard with effect from January 2021, to assume the role of independent non-executive chairman for Ocado Group, after Ocado’s AGM in May 2021. From 2008 to 2016, he was employed in an advisory role by PetroSaudi International (UK) Ltd.

Haythornthwaite has served on the boards of directors of the Imperial Chemical Industries, Lafarge, Premier Oil and Land Securities. On 6 March 2018 he joined the global independent investment bank, Moelis & Company, as an advisory partner in the U.K. He was chairman of Centrica from January 2014 to February 2019. Haythornthwaite was selected as chairman of NatWest in September 2023, to take up his post in January 2024.

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