Lochlann Quinn
Encyclopedia
Lochlann Quinn is an Irish
businessman and philanthropist.
, and graduated from University College Dublin
(BComm) in 1962. He qualified as a Chartered Accountant in 1966. He is main benefactor of the UCD Quinn School of Business. On Friday 24 April 2009, the President of Ireland, Mary McAleese
, presented the prestigious UCD Ulysses Medal, the highest honour that the university can bestow, to Quinn and Dr Michael Smurfit
.
& Co. in London and, in 1969, he returned to Dublin to head up their audit practice in Ireland until 1980. In 1980, he joined Glen Dimplex
– a small, privately-owned Irish company – as Deputy Chairman and Finance Director. The company now has annual sales of $1.3 billion and employs 8,000 people in Europe and Canada. Quinn was one of two shareholders but has recently sold his interest.
Quinn is a former Director of AIB Bank (1995–96), former chairman of Allied Irish Banks
Group, and half-owner of The Merrion Hotel
.
in Dublin; commercial properties in Dublin, London and Brussels; and a vineyard
in Bordeaux (Château de Fieuzal
).
Since January 22, 2008 he has been the Chairman of the Electricity Supply Board
(ESB).
. He was also chairman (1997–2003) and former Director of the Irish Museum of Modern Art
(1990–2000). He is a member of the Irish Advisory Board of the UCD Michael Smurfit Graduate School of Business
.
, and first cousin of Senator Feargal Quinn
.
Ireland
Ireland is an island to the northwest of continental Europe. It is the third-largest island in Europe and the twentieth-largest island on Earth...
businessman and philanthropist.
Education
Quinn took his secondary education with the Congregation of the Holy Ghost at Blackrock CollegeBlackrock College
Blackrock College is a Catholic voluntary secondary school for boys aged 14–18, located in Williamstown, Blackrock, County Dublin, Ireland. The College was founded by French missionaries in 1860, to act as a school and civil service training centre. Set in of grounds, it has an illustrious...
, and graduated from University College Dublin
University College Dublin
University College Dublin ) - formally known as University College Dublin - National University of Ireland, Dublin is the Republic of Ireland's largest, and Ireland's second largest, university, with over 1,300 faculty and 17,000 students...
(BComm) in 1962. He qualified as a Chartered Accountant in 1966. He is main benefactor of the UCD Quinn School of Business. On Friday 24 April 2009, the President of Ireland, Mary McAleese
Mary McAleese
Mary Patricia McAleese served as the eighth President of Ireland from 1997 to 2011. She was the second female president and was first elected in 1997 succeeding Mary Robinson, making McAleese the world's first woman to succeed another as president. She was re-elected unopposed for a second term in...
, presented the prestigious UCD Ulysses Medal, the highest honour that the university can bestow, to Quinn and Dr Michael Smurfit
Michael Smurfit
Sir Michael Smurfit, KBE , is a businessman holding Irish citizenship. In the 2010 Irish Independent Rich List, he was listed at 25th, with a €368 million personal fortune.-Early life:...
.
Career
Quinn joined Arthur AndersenArthur Andersen
Arthur Andersen LLP, based in Chicago, was once one of the "Big Five" accounting firms among PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG, providing auditing, tax, and consulting services to large corporations...
& Co. in London and, in 1969, he returned to Dublin to head up their audit practice in Ireland until 1980. In 1980, he joined Glen Dimplex
Glen Dimplex
Glen Dimplex is an Irish-based consumer electrical goods firm. It is the world's largest electrical heating business and holds significant market positions in the domestic appliance industry worldwide...
– a small, privately-owned Irish company – as Deputy Chairman and Finance Director. The company now has annual sales of $1.3 billion and employs 8,000 people in Europe and Canada. Quinn was one of two shareholders but has recently sold his interest.
Quinn is a former Director of AIB Bank (1995–96), former chairman of Allied Irish Banks
Allied Irish Banks
Allied Irish Banks p.l.c. is a major commercial bank based in Ireland.AIB is one of the so called "big four" commercial banks in the state. The bank has one of the largest branch networks in Ireland; only Bank of Ireland fully rivals it. AIB offers a full range of personal and corporate banking...
Group, and half-owner of The Merrion Hotel
Merrion Hotel
Merrion Hotel is a hotel located on Upper Merrion Street, Dublin 2 in the Republic of Ireland. The hotel comprises a block of four houses in a terrace on Upper Merrion Street, Dublin 2, of which "Mornington House", is the leftmost . The houses were built in the 1760s by Charles Monck, 1st Viscount...
.
AIB
Following the fraudulent trading activities at AIB's American subsidiary - AllFirst - both Quinn and the Chief Executive, Michael Buckley, offered their resignations to the board of AIB on Tuesday, 12 March 2002, but were asked to stay on by the board.Private business interests
Quinn's business interests include the Merrion HotelMerrion Hotel
Merrion Hotel is a hotel located on Upper Merrion Street, Dublin 2 in the Republic of Ireland. The hotel comprises a block of four houses in a terrace on Upper Merrion Street, Dublin 2, of which "Mornington House", is the leftmost . The houses were built in the 1760s by Charles Monck, 1st Viscount...
in Dublin; commercial properties in Dublin, London and Brussels; and a vineyard
Vineyard
A vineyard is a plantation of grape-bearing vines, grown mainly for winemaking, but also raisins, table grapes and non-alcoholic grape juice...
in Bordeaux (Château de Fieuzal
Château de Fieuzal
Château de Fieuzal is a Bordeaux wine from the Pessac-Léognan appellation, ranked among the Premiers Crus for red wine in the Classification of Graves wine of 1953 and 1959, though the estate also produces a dry white wine which was not classified...
).
Since January 22, 2008 he has been the Chairman of the Electricity Supply Board
Electricity Supply Board
The Electricity Supply Board , is a semi-state electricity company in Ireland. While historically a monopoly, the ESB now operates as a commercial semi-state concern in a liberalised and competitive market...
(ESB).
Voluntary roles
Quinn is a major benefactor to, and chairman of, the National Gallery of IrelandNational Gallery of Ireland
The National Gallery of Ireland houses the Irish national collection of Irish and European art. It is located in the centre of Dublin with one entrance on Merrion Square, beside Leinster House, and another on Clare Street. It was founded in 1854 and opened its doors ten years later...
. He was also chairman (1997–2003) and former Director of the Irish Museum of Modern Art
Irish Museum of Modern Art
The Irish Museum of Modern Art also known as IMMA, is Ireland's leading national institution exhibiting and collecting modern and contemporary art. The museum opened in May 1991 and is located in Royal Hospital Kilmainham, a 17th-century building near Heuston Station to the west of Dublin's city...
(1990–2000). He is a member of the Irish Advisory Board of the UCD Michael Smurfit Graduate School of Business
Michael Smurfit Graduate School of Business
The UCD Michael Smurfit Graduate Business School is the business school of University College Dublin, located in Blackrock in Dublin, Republic of Ireland....
.
Personal life
Quinn is married to Brenda, and they have six children. He is a brother of Ruairi QuinnRuairi Quinn
Ruairi Quinn is an Irish Labour Party politician who has been Minister for Education and Skills since March 2011. He is currently a Teachta Dála for the Dublin South East constituency. He was Minister for Finance from 1994 to 1997, and leader of the Labour Party from 1997 to 2002.-Early...
, and first cousin of Senator Feargal Quinn
Feargal Quinn
Feargal Quinn is an Irish politician, businessman, television personality and an independent member of Seanad Éireann.-Early and personal life:...
.
External links
- Quinn's personal investments: The Sunday Business Post
- Issues raised by fraudulent trading activities at AllFirst, 14th March 2002
- Quinn's worth, Sunday Business Post, Saturday, December 28, 2002