Sir Eric Yarrow | |
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Born | Eric Grant Yarrow 23 April 1920 Bearsden, Glasgow |
Died | 22 September 2018 Kilmacolm, Scotland | (aged 98)
Nationality | British |
Education | Marlborough |
Alma mater | University of Glasgow (MA) |
Occupation(s) | President, yarrow plc; chair, clydesdale bank (retd)[1] |
Parent | Sir Harold Yarrow Bt GBE (father) |
Sir Eric Grant Yarrow, 3rd Baronet, MBE, DL, FRSE (23 April 1920 – 22 September 2018[2]) 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,[3] he succeeded as 3rd baronet in 1962, upon the death of his father, Sir Harold Yarrow Bt GBE,[4] later becoming a Deputy Lieutenant for Renfrewshire in 1970.[5][6] He is succeeded to the title by his eldest grandson, Ross.
Sir Eric Yarrow, Chairman, Clydesdale Bank, 1985–91, 92
b. 11 August 1884, d. 19 April 1962