Sir Martin Faulkner Broughton, a British businessman and deputy chairman of International Airlines Group, was born on April 15, 1947, know his net worth and wealth for 2022
IAG is the parent company of British Airways, Iberia, and Vueling, and was founded in January 2011. It is a Spanish-registered business whose shares are traded on the London and Spanish stock exchanges.
Sir Martin Faulkner Broughton Biography, Business, Horses, Net Worth 2022 And Chelsea Bid News
IAG’s corporate headquarters are in London, United Kingdom. He is also the Chairman of Supponor, a sports virtual advertising company, and a Managing Partner at Sports Investment Partners. He served as President of the Confederation of British Industry and as Chairman of Liverpool Football Club.
Quick Details
| Born | 15 April 1947 (age 74) |
| London, England | |
| Profession | Businessman |
Salary And Net-Worth
- Salary- N/A
- Net-Worth – USD$ 10M
Past Businesses
- Broughton joined British American Tobacco in 1971, rising through the ranks to Finance Director in 1988, Group CEO and Deputy Chairman in 1993, and Chairman and CEO in 1998. He also became an independent director of the British Horseracing Board in 1999, eventually succeeding Peter Saville as chairman in July 2004, when he stepped down from his BAT positions.
- Wiggins Teape Group 1989–90 (as chairman), Eagle Star 1992–93 (as chairman), and Whitbread 1993–2000 are among Broughton’s other directorships (as non-executive director).
- In the 2011 New Year Honours, Broughton was knighted for services to business.
| Sir Martin Broughton | Chairman of British Airways |
| In office(July 2004 – December 2013) | |
| Preceded by | Colin Marshall, Baron Marshall of Knightsbridge |
| Succeeded by | Keith Williams |
| Chairman of Liverpool Football Club | |
| In office(10 April 2010 – 13 October 2010) | |
| Preceded by | Tom Hicks & George N. Gillett, Jr. |
| Succeeded by | Tom Werner |
| Personal details |
British Airways chairman
Sir Martin joined the British Airways board of directors as a non-executive director in May 2000, rose to Deputy Chairman in November 2003, and then to Chairman in May 2004.
Chairman of Liverpool Football Club
Despite being a lifelong Chelsea supporter, Liverpool F.C. appointed Martin Broughton as their new chairman on April 16, 2010. Broughton was tasked with completing the sale of the club to new owners as quickly as possible.
On October 6, 2010, it was reported that Liverpool F.C. would be sold to New England Sports Ventures (NESV) for £300 million, considerably less than the sums sought by the club’s current owners, Tom Hicks and George Gillett. On October 13, 2010, Broughton and the rest of the Liverpool F.C. board of directors secured the right to sell the club in a High Court battle against Hicks and Gillett.
Bid on a Tote
He led a private equity proposal to purchase The Tote as part of the government’s privatisation process in 2009. The offer was made through Sports Investment Partners, an investment firm in which his son Michael is also involved. In January 2011, the bid was one of five that passed the first phase of the process.
Collaborated With Ricketts For Chelsea Sale
Sir Martin Broughton, Todd Boehly, and the Ricketts family are among the bidders on the shortlist to purchase the club.
Raine Group’s shortlist for buying Chelsea includes bids from the Ricketts family, Todd Boehly, and Sir Martin Broughton; Atalanta co-owner Stephen Pagliuca is also on the list; and Nick Candy is still hoping to be involved.
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