Eric Yarrow
{{Short description|British businessman}}
{{Use dmy dates|date=August 2019}}
{{Use British English|date=December 2016}}
{{Infobox person
| honorific_prefix =
| name = Sir Eric Yarrow
| honorific_suffix = Bt MBE DL CEng FRSE MRINA
| image =
| image_size =
| caption =
| birth_name = Eric Grant Yarrow
| birth_date = {{Birth date|df=y|1920|4|23}}
| birth_place = Bearsden, Glasgow
| death_date = {{death date and age|df=y|2018|9|22|1920|4|23}}
| death_place = Kilmacolm, Scotland
| nationality = British
| citizenship =
| education = Marlborough
| alma_mater = University of Glasgow (MA)
| occupation = President, yarrow plc;
chair, clydesdale bank (retd)[http://www.npg.org.uk/collections/about/photographs-collection/national-photographic-record/1968.php www.npg.org.uk]
| parents = Sir Harold Yarrow Bt GBE (father)
}}
Sir Eric Grant Yarrow, 3rd Baronet, {{post-nominals|country=GBR|sep=,|MBE|DL||FRSE}} (23 April 1920 – 22 September 2018{{cite web|title=Birthday's today|url= https://www.telegraph.co.uk/archive/2012-4-23.html |archive-url= https://web.archive.org/web/20120423013105/http://www.telegraph.co.uk/archive/2012-4-23.html |url-status= dead |archive-date= 23 April 2012 |work=The Telegraph|accessdate=21 April 2014|date=23 April 2012|quote=Sir Eric Yarrow, Chairman, Clydesdale Bank, 1985–91, 92 }}) was a British businessman.
After serving during World War II as a major in the Royal Engineers, he joined the family business Yarrows of Scotstoun, Glasgow in 1946, becoming managing director when aged 38 and chairman, following the death of his father, Harold Yarrow, in 1962 when Sir Eric was aged 42. Later he became President of Yarrow plc until 1987, and was a non-executive director of the Clydesdale Bank from 1962 to 1985 then chairman until 1991.
He is credited with steering successfully the distinguished Glasgow shipbuilding company through some of the most turbulent periods in the British shipbuilding industry's history and with enhancing the name and status of the family firm when many shipyards were failing. Critical to the success was maintaining and developing the relationship with the Royal Navy, where a Yarrow ship was traditionally regarded as a fast ship. (Yarrows having built the first destroyer to exceed 30 knots). Sir Eric went to great efforts to maintain and develop this reputation, leading to a stream of orders from the Royal Navy and overseas navies when new business was thin on the ground. As a result, Yarrows became a prime contractor on the Type 21, Type 22, Type 23 and Type 45 frigate programmes for the Royal Navy and remains involved in the Type 26 programme alongside the Govan yard.
Yarrow was appointed a Vice-President of RINA in 1972 as well as serving as prime warden of the Shipwrights' Company (1970–71), among other charitable activities.
Appointed Member of the Order of the British Empire (MBE) for military service in 1946,{{London Gazette |issue=37595 |date=6 June 1946 |page=2734 |supp=y}} he succeeded as 3rd baronet in 1962, upon the death of his father, Sir Harold Yarrow Bt GBE,{{cite web|title=Harold Edgar Yarrow|url=http://www.thepeerage.com/p61536.htm#i615359|accessdate=21 April 2014|date=1 January 2013|quote=b. 11 August 1884, d. 19 April 1962}} later becoming a Deputy Lieutenant for Renfrewshire in 1970.{{London Gazette |issue=45142 |date=3 July 1970 |page=7379}}{{cite web|title=Sir Eric Grant Yarrow|url=http://martinfrost.ws/htmlfiles/mfwhoswho/individuals/Y_mfwwi/eric_yarrow.html|publisher=Frost's Scottish Who's Who|accessdate=21 April 2014|url-status=dead|archiveurl=https://web.archive.org/web/20140729045152/http://martinfrost.ws/htmlfiles/mfwhoswho/individuals/Y_mfwwi/eric_yarrow.html|archivedate=29 July 2014}} He is succeeded to the title by his eldest grandson, Ross.
Philanthropic and other interests
At home Sir Eric held appointments with a number of shipbuilding and other engineering organisations He was Deacon of the Incorporation of Hammermen in the Trades House in Glasgow in 1961, Prime Warden of the Worshipful Company of Shipwrights in 1970, and was made a Fellow of the Royal Society of Edinburgh in 1975. He also followed the family tradition of support for the Princess Louise Hospital at Erskine, acting as chairman of the board of governors for several years, and personally supporting many functions and fund-raising activities. He also took an active interest in the Burma Star Association, becoming president of the Scottish Branch in 1990.
Personal life
On 28 April 1951, he married Rosemary Ann Young (who died in 1957). They had one child, a son, Richard Grant Yarrow (born 21 March 1953; died 1987), who by his wife Sheila Allison (married 1982) had two sons, including Ross Yarrow (born 1985), who inherited his title.{{cite web|title=Sir Eric Grant Yarrow, 3rd Bt.|url=http://www.thepeerage.com/p61533.htm#i615326|publisher=The Peerage|accessdate=21 April 2014|quote=b. 23 April 1920}}
Yarrow married second, on 23 May 1959, Annette Elizabeth Françoise Steven, by whom he had three more sons – Norman, Peter (twins, born 1960) and David Yarrow (born 1966). The couple divorced in 1975.
Sir Eric lived in Renfrewshire with his third wife, Caroline Botting, née Masters, whom he married in 1982. He died on 22 September 2018 at the age of 98.[http://announcements.telegraph.co.uk/deaths/227606/yarrow Yarrow]
Honours
- 35px Baronet (abbr: Bt)
- 35px MBE (Member, Order of the British Empire)
- 35px OStJ (Officer, Order of St John of Jerusalem){{London Gazette |issue=43613 |date=30 March 1965 |page=3197}}
{{Infobox COA wide
|escutcheon = Azure in base on the sea Proper an ancient three-masted ship sailing to the sinister Argent in chief two swallows volant of the last each holding in the beak a harebell slipped also Proper.
|crest = Above clouds Proper a swallow volant Argent holding in the beak a yarrow flower slipped also Proper.
|motto = Be Just And Fear Not{{cite book|title=Debrett's Peerage |date=1936 |page=855}}}}
See also
{{Portal|Business and economics|United Kingdom}}
References
{{reflist}}
External links
- [http://www.burkespeerage.com/ Burke's Peerage and Baronetage]
- [http://www.ukwhoswho.com/ Who's Who]
- [https://web.archive.org/web/20140729045152/http://martinfrost.ws/htmlfiles/mfwhoswho/individuals/Y_mfwwi/eric_yarrow.html Profile: Eric Yarrow] Frost's Scottish Who's Who
- {{NPG name|id=79387}}
{{s-start}}
{{s-reg|uk-bt}}
{{succession box | title=Baronet
(of Homestead) | years=1962–2018 | before= Harold Yarrow| after= Ross Yarrow}}
{{s-end}}
{{DEFAULTSORT:Yarrow, Eric}}
Category:People educated at Marlborough College
Category:Alumni of the University of Glasgow
Category:Baronets in the Baronetage of the United Kingdom
Category:Presidents of the Smeatonian Society of Civil Engineers
Category:Members of the Order of the British Empire
Category:Officers of the Order of St John
Category:British Army personnel of World War II
Category:British people of Jewish descent
Category:Fellows of the Royal Society of Edinburgh
Category:Clydesdale Bank people