Angus Grossart

Sir Angus McFarlane McLeod Grossart CBE (born 6 April 1937) is a Scottish businessman.

Born in Lanarkshire, he was schooled at The Glasgow Academy and studied law at Glasgow University. He proudly recalls honing his business skills at a Barrowlands stall selling reject toffee.[1]

He is chairman and executive director of Edinburgh-based merchant bank Noble Grossart.[2]

His many high-profile positions have included: vice chairman of the Royal Bank of Scotland; chairman of the board of trustees, National Galleries of Scotland, 1988–97; chairman of the Fine Art Society; and chairman of Lyon & Turnbull, auctioneers.

Career

Grossart serves as a non-executive chairman of Sunday Mail Ltd. and Scottish Daily Record; he also served as a non-executive chairman of Edinburgh Partners Limited. Grossart serves as a chairman for Edinburgh US Tracker Trust PLC. He serves as deputy chairman of the National Heritage Memorial Fund. In March 2000, Grossart served as vice-chairman of National Westminster Bank PLC. Salmon River Capital LLC has Grossart serve as a member of the advisory board. The National Westminster Bank PLC has Grossart serve as a Director.

In June 2019 he received the majority of a £5.3 million dividend paid out by Noble Grossart.[3]

In June 2020 he doubled his stake in Scotland's only listed house builder, Springfield Properties when he bought £1 million worth of shares off its Chairman.[4][5]

On 29 May 1973, Grossart had been a member of the Audit Committee and became the Director for Edinburgh US Tracker Trust PLC. He eventually became a trustee of the National Heritage Memorial Fund. In September 1999, Grossart became a non-executive director for Trinity Mirror PLC and Mirror Group since 1998. In May 1998, Grossart served as a non-executive director for Scottish and Newcastle PlC.

References
  1. "Business interview: Sir Angus Grossart". www.scotsman.com. Retrieved 7 August 2020.
  2. "Noble Grossart Merchant Bankers in Edinburgh". noble grossart. Retrieved 7 August 2020.
  3. "Scots tycoon Sir Angus Grossart in £5m payout". ISSN 0140-0460. Retrieved 7 August 2020.
  4. Burns, Hamish (15 June 2020). "Veteran banker doubles his stake in housebuilder". businessInsider. Retrieved 7 August 2020.
  5. "Sir Angus Grossart spends £1m to raise stake in Scotland's only listed housebuilder". www.scotsman.com. Retrieved 7 August 2020.
  • Business Profile: Sir Angus Mcfarlane Mcleod Grossart IV; Bloomberg Businessweek; 2014


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