Roland Rudd
{{short description|British public relations executive}}
{{Use dmy dates|date=January 2020}}
{{Use British English|date=January 2020}}
{{Infobox person
| name = Roland Rudd
| image =
| image_size =
| caption =
| birth_name = Roland Dacre Rudd
| birth_date = {{birth year and age|1961|04}}
| birth_place = London, England
| nationality = British
| relatives = Amber Rudd (sister)
| spouse = Sophie Hale
| children =
| parents = Tony Rudd
Ethne Fitzgerald
| education = Millfield School
| alma_mater = Regent's Park College, Oxford
| employer = FGS Global
| occupation = Public relations executive
}}
Roland Dacre Rudd (born April 1961) is the founder and chairman of FGS Global (formerly Finsbury), a public relations firm, and holds a variety of other charitable and non-executive posts. Rudd was educated at Oxford University, becoming President of the Oxford Union before starting a career in journalism that he left to found Finsbury. He sold that company to WPP plc in 2001, making an estimated £40 million. He is strongly in favour of British engagement with the European Union and has campaigned for electoral reform.{{cite news|url=http://www.politico.eu/article/roland-rudd-pr-prime-minister-david-cameron-keep-britian-in-europe-campaign/|title=The man Cameron is counting on to keep Britain in Europe|last=Guerrera|first=Francesco|date=4 March 2016|work=POLITICO|accessdate=12 May 2017}}
Personal life and education
Rudd was born in April 1961,[http://companycheck.co.uk/director/904032998/MR-ROLAND-DACRE-RUDD ROLAND DACRE RUDD], Company Check; retrieved 18 May 2015. one of four children of Tony Rudd, a stockbroker;Margareta Pagano,[https://www.independent.co.uk/news/business/analysis-and-features/poacher-turned-discreet-gamekeeper-2274013.html "Poacher turned discreet gamekeeper"], The Independent, 24 April 2011; retrieved 23 May 2015. his sisters are Amanda, Melissa and Amber, who was a Conservative Party Member of Parliament until September 2019, when she left the party over its stance on Brexit; she then sat as an independent MP until standing down at the subsequent general election.Tim Shipman, "Energy secretary burns with ambition for other women", The Sunday Times, 17 May 2015, p. 17.{{cite web|url=https://www.bbc.co.uk/news/uk-politics-49623737|title=Amber Rudd quits cabinet and Conservative party|date=7 September 2019|accessdate=7 September 2019|work=BBC News}}
As a child he wanted to be prime minister. He was educated at Millfield School. He read philosophy and theology at Regent's Park College, Oxford, describing himself as "perhaps a lazy Christian."
He was elected president of the Oxford Union on his third attempt.[https://www.theguardian.com/media/2013/sep/01/roland-rudd-mediaguardian-100-2013 Media Guardian 100 2013: 75. Roland Rudd.] The Guardian, 1 September 2013. Retrieved 18 May 2015. At Oxford he was friends with Hugo Dixon with whom he travelled to America to work on Walter Mondale's campaign for the Democratic Party nomination. They transferred to rival Gary Hart when Mondale could not accommodate them.
Career
After graduating, Rudd worked as a policy coordinator for David Owen and the Social Democratic Party (he was the first SDP president of the Oxford Union). He was a financial journalist at the Sunday Correspondent and the Financial Times.[http://www.finsbury.com/people/roland-rudd/ Roland Rudd Chairman.] Finsbury.com; retrieved 18 May 2015.
At the Sunday Correspondent, Rudd became friends with Robert Peston, now political editor for ITV News, and they worked together at the Financial Times where the two were known as "the Pest and the Rat", Rudd taking the nickname in reference to the then popular children's television character Roland Rat.{{cite web |author1=Lucy Kellaway |author1-link=Lucy Kellaway |title=The networker |url=https://www.ft.com/content/32df3c52-c2f1-11e0-8cc7-00144feabdc0 |website=Financial Times |access-date=4 February 2024 |date=12 August 2011|url-access=subscription}}
In 1994, Rudd left the Financial Times to found Finsbury with Rupert Younger. Rudd told The Independent in 2011, "I was at the Financial Times, writing about M&A (mergers and acquisitions) and conglomerates. The takeover world always fascinated me. I had wanted to build my own business and could see a gap for a financial PR company which was utterly professional. Right from the start, I hired only the most financially literate staff and was determined to have the top FTSE clients." Finsbury reportedly ended up with more than a quarter of FTSE100 companies as clients.
The firm was sold to Martin Sorrell's WPP plc in 2001 in a deal estimated to have earned Rudd £40 million. In 2011, Finsbury merged with Robinson Lerer & Montgomery of New York.Andrew Edgecliffe-Johnson & Tim Bradshaw, [http://www.ft.com/cms/s/0/99b9449e-b2f8-11e0-86b8-00144feabdc0.html WPP merges Finsbury and RLM], Financial Times, 20 July 2011; retrieved 20 May 2015. Rudd continued as chairman of the merged firm. In 2014, RLM Finsbury rebranded as just Finsbury.Diana Bradley, [http://www.prweek.com/article/1312653/rlm-finsbury-rebrands-underscore-global-ambitions RLM Finsbury rebrands to underscore global ambitions] PR Week, 17 September 2014; retrieved 20 May 2015. {{subscription required}}
In January 2021, Finsbury, The Glover Park Group (GPG), and Hering Schuppener completed their merger and management buy-in of 49.99%, and became known as Finsbury Glover Hering. Following the merger, Rudd and Carter Eskew, founder of GPG, served as co-chairs of the new firm.{{Cite web |last=Sims |first=Maja Pawinska |date=2021-01-11 |title=Finsbury Glover Hering Names Global Leadership After Merger |url=https://www.provokemedia.com/latest/article/finsbury-glover-hering-names-global-leadership-after-merger |access-date=2024-09-26 |website=PRovoke Media |language=en}}{{Cite web |last=Barnes |first=Steve |date=2021-01-12 |title=News of Firms: Finsbury Glover Hering Debuts |url=https://www.odwyerpr.com/story/public/15478/2021-01-12/news-firms-finsbury-glover-hering-debuts.html |access-date=2024-09-26 |website=O'Dwyers PR}} In December 2021, Finsbury Glover Hering and Sard Verbinnen & Co. merged and rebranded as FGS Global,{{cite news |last=Scheppe |first=Michael |date=October 13, 2021 |title=Finsbury Glover Hering fusioniert ein weiteres Mal – nun mit dem US-Konkurrenten |url=https://www.handelsblatt.com/unternehmen/dienstleister/kommunikationsberatung-finsbury-glover-hering-fusioniert-ein-weiteres-mal-nun-mit-dem-us-konkurrenten/27700346.html |website=Handelsblatt}} with Rudd as global co-chair.{{Cite web |title=Roland Rudd |url=https://fgsglobal.com/people/roland-rudd |access-date=2024-09-26 |website=fgsglobal.com |language=en}} In April 2023, Rudd helped negotiate a deal with KKR buying a 30% stake in FGS Global that valued the company at about $1.4 billion.{{Cite web |date=2023-04-06 |title=FGS/KKR: Rudd letter day is a money-spinner for City PRs |url=https://www.ft.com/content/61d10c42-f692-4cbf-a3a3-038b00a31d91 |access-date=2024-09-26 |website=Financial Times}}{{Cite web |last=Massoudi |first=Arash |last2=Levingston |first2=Ivan |date=2023-04-06 |title=KKR set to buy stake in communications group FGS Global |url=https://www.ft.com/content/7a31e5a6-d15d-44fb-9012-40d7d9a1c04e |access-date=2024-09-26 |website=Financial Times}} In August 2024, Rudd helped negotiate a deal for KKR to buy WPP's controlling stake in FGS Global that valued the company at about $1.7 billion.{{Cite news |last=Meddings |first=Sabah |date=2024-08-08 |title=KKR Deal Shines Spotlight on PR Power Broker Roland Rudd |url=https://www.bloomberg.com/news/articles/2024-08-08/kkr-deal-shines-spotlight-on-pr-power-broker-roland-rudd |access-date=2024-09-26 |work=Bloomberg News |language=en}}
Politics
Rudd believes in electoral reform and campaigned in support of the introduction of the Alternative vote system in the British referendum of 2011. The proposal failed. He is strongly in favour of British engagement with Europe, and is chairman of Business for New Europe,[http://www.businessforneweurope.org/roland_rudd Roland Rudd.] Business for New Europe. Retrieved 18 May 2015.{{cite web|url=https://www.theguardian.com/profile/rolandrudd|title=Roland Rudd|website=the Guardian|accessdate=12 May 2017}} a member of the Centre for European Reform's advisory board, and Chair of the People's Vote campaign.{{cite web|url=http://twitter.com/rolandrudd|title=Roland Rudd (@RolandRudd) {{!}} Twitter|website=twitter.com|accessdate=26 August 2019}} As chairman of the People's Vote campaign, he oversaw a boardroom coup that ended up destroying the campaign at a critical juncture in UK politics.{{cite web|url=https://www.newstatesman.com/politics/brexit/2019/11/how-people-s-vote-destroyed-itself|title=How People's Vote destroyed itself|website=www.newstatesman.com|date=20 November 2019 |accessdate=21 January 2020}}{{Cite web |last=Fletcher |first=Martin |date=2019-11-20 |title=How People’s Vote destroyed itself |url=https://www.newstatesman.com/politics/2019/11/how-peoples-vote-destroyed-itself |access-date=2024-09-26 |website=New Statesman |language=en-US}}
Rudd is a supporter of the Labour Party and is close to a number of Labour politicians. Lord Mandelson is godfather to one of Rudd's children[http://www.debretts.com/people/debretts-500/pr/roland-rudd Roland Rudd], Debretts.com; retrieved 23 May 2015. and Rudd campaigned for Mandelson in his Hartlepool constituency in the 2001 general election. Rudd was one of the "Four Wise Men" who advised Blair in 2007 on life after leaving office. Rudd has also been linked to Ed Balls and Tessa Jowell of Labour, and Nick Clegg of the Liberal Democrats.Chris Blackhurst, [http://www.managementtoday.co.uk/news/672781/WEB-PREVIEW---Roland-Rudd-Interview/ Roland Rudd Interview], Management Today, 23 July 2007. He subsequently damaged his relationship with many figures in the Labour Party and elsewhere in politics due to his controversial role in the demise of the People's Vote campaign in 2019.{{cite web |last1=Campbell |first1=Alastair |title=How a PR guru hijacked the People's Vote campaign |url=https://www.spectator.co.uk/2019/11/how-a-pr-guru-hijacked-the-peoples-vote-campaign/ |website=The Spectator }}
Other appointments
Rudd has been Chair of Tate since 2021.{{cite web | url=https://www.tate.org.uk/about-us/board-trustees/roland-rudd | title=Roland Rudd }} He serves as Specially Appointed Commissioner at the Royal Hospital Chelsea and is an ambassador for the Alzheimer’s Society.{{cite web | url=https://www.chelsea-pensioners.co.uk/governance | title=Governance | Royal Hospital Chelsea }}{{cite web | url=https://www.alzheimers.org.uk/about-us/our-people/ambassadors | title=Our Ambassadors | Alzheimer's Society }} He is currently Chair of Governors at Millfield School,{{cite web | url=https://www.millfieldschool.com/discover-brilliance/governing-body | title=Governing Body - at Millfield School in Street, Somerset }} a trustee for the Speakers for Schools programme,{{cite web | url=https://www.speakersforschools.org/about/trustees/ | title=Meet Our Visionary Trustees }} and a trustee for the Made by Dyslexia campaign.{{cite web | url=https://register-of-charities.charitycommission.gov.uk/charity-search/-/charity-details/5114191/trustees | title=MADE BY DYSLEXIA - Charity 1180256 }} Rudd is a trustee of the Bayreuth Festival{{cite web | url=https://english.freunde-bayreuth.org/structure | title=Structure }}{{cite web | url=https://www.prweek.com/article/1450730/brief-rudd-becomes-tate-trustee-harkable-sale-aspectus-promotes-focas-popcorns-wine-win | title=In brief: Rudd becomes Tate trustee, Harkable up for sale, Aspectus promotes Focas, Popcorn's wine win }} and was on the Board of the Royal Opera House from 2011 to 2017.{{cite web | url=https://find-and-update.company-information.service.gov.uk/officers/VT_5291zscYCe6JHVyuwft97zgc/appointments | title=Roland Dacre RUDD personal appointments - Find and update company information - GOV.UK }} He is a visiting fellow at Oxford University's Centre for Corporate Reputation, part of the Saïd Business School.{{cite web | url=https://www.sbs.ox.ac.uk/research/centres-and-initiatives/oxford-university-centre-corporate-reputation/visiting-fellows | title=Visiting Fellows | Saïd Business School }}
=Open Britain controversy=
On 27 October 2019, Rudd used his role as the chair of Open Britain—just one of five organisations under the People's Vote umbrella—to announce he wanted to sack the campaign's director, James McGrory, and director of communications, Tom Baldwin. More than 40 staff members walked out in protest at the decision and Rudd's attempt to impose Patrick Heneghan as the campaign's interim chief executive. At a subsequent staff meeting, Rudd lost a motion of no confidence by 40 votes to 3. Baldwin had earlier accused Rudd of taking a "wrecking ball" to a successful campaign through a "boardroom coup" while failing to consult other organisations in the campaign.{{cite web |last1=Griggs |first1=Ian |title=People's Vote campaign staff strike back against Finsbury's Roland Rudd following sackings |url=https://www.prweek.com/article/1664651/peoples-vote-campaign-staff-strike-back-against-finsburys-roland-rudd-following-sackings |website=PR Week |accessdate=21 January 2020}}{{cite web |last1=Fletcher |first1=Martin |title=How People's Vote destroyed itself |url=https://www.newstatesman.com/politics/brexit/2019/11/how-people-s-vote-destroyed-itself |website=NewStatesman.com |date=20 November 2019 |publisher=New Statesman |accessdate=21 January 2020}} Rudd later resigned as chair of Open Britain but retained control of money and data through a new holding company he had formed for the purpose called Baybridge UK.{{cite news |last1=Syal |first1=Rajeev |title=Roland Rudd exits People's Vote amid continuing rancour |url=https://www.theguardian.com/politics/2019/nov/15/roland-rudd-exits-peoples-vote-amid-continuing-rancour |work=The Guardian |date=15 November 2019 |accessdate=21 January 2020 }} In an article for the Spectator, Alastair Campbell, the former head of strategy and communications in Tony Blair's Downing Street, accused Rudd of putting his personal status ahead of efforts to stop Brexit through a new referendum.{{cite web |last1=Campbell |first1=Alastair |title=FEATURES How a PR guru hijacked the People's Vote campaign |url=https://www.spectator.co.uk/2019/11/how-a-pr-guru-hijacked-the-peoples-vote-campaign/ |website=Spectator.co.uk |publisher=The Spectator |accessdate=21 January 2020}} In 2020, it was announced that former employees were preparing to sue Rudd personally.{{Cite web|archiveurl=https://web.archive.org/web/20200202152141/https://www.private-eye.co.uk//issue-1514/hp-sauce |url=https://www.private-eye.co.uk//issue-1514/hp-sauce|title=Private Eye {{!}} People's Vote : How Ruddy stupid…|website=www.private-eye.co.uk |archivedate=2 February 2020 }}
See also
References
{{Reflist|30em}}
External links
- [https://www.youtube.com/watch?v=R59AqI668fg Roland Rudd talking on David Cameron not signing the EU treaty 2011.]
{{DEFAULTSORT:Rudd, Roland}}
Category:People educated at Millfield
Category:Alumni of Regent's Park College, Oxford
Category:British public relations people
Category:National Society for the Prevention of Cruelty to Children people
Category:Presidents of the Oxford Union
Category:Businesspeople from the Royal Borough of Kensington and Chelsea