John Baring, 7th Baron Ashburton
Encyclopedia
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
merchant banker and former chairman of British Petroleum
BP
BP p.l.c. is a global oil and gas company headquartered in London, United Kingdom. It is the third-largest energy company and fourth-largest company in the world measured by revenues and one of the six oil and gas "supermajors"...
(BP). Baring also sat on the boards of Jaguar Cars
Jaguar (car)
Jaguar Cars Ltd, known simply as Jaguar , is a British luxury car manufacturer, headquartered in Whitley, Coventry, England. It is part of the Jaguar Land Rover business, a subsidiary of the Indian company Tata Motors....
, Dunlop Rubber
Dunlop Rubber
Dunlop Rubber was a company based in the United Kingdom which manufactured tyres and other rubber products for most of the 20th century. It was acquired by BTR plc in 1985. Since then, ownership of the Dunlop trade-names has been fragmented.-Early history:...
and Royal Insurance.
Family
He was the oldest son of Alexander Baring, 6th Baron AshburtonAlexander Baring, 6th Baron Ashburton
Alexander Francis St Vincent Baring, 6th Baron Ashburton KG, KCVO, KStJ, DL was a British businessman and politician.-Sources:* http://hansard.millbanksystems.com/people/mr-alexander-baring...
and Doris Mary Thérèse Harcourt.
His maternal grandparents were Lewis Harcourt, 1st Viscount Harcourt and Mary Ethel Burns, daughter of Walter Hayes Burns of New York City
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...
.
Marriages and children
On 25 November 1955, Baring married Susan Mary Renwick. She was a daughter of Robert Renwick, 1st Baron RenwickRobert Renwick, 1st Baron Renwick
Robert Burnham Renwick, 1st Baron Renwick, KBE , known as Sir Robert Renwick, 2nd Baronet, from 1932 to 1964, was a British industrialist and public servant....
and his first wife Dorothy Mary Parkes. They had four children:
- Lucinda Mary Louise "Lucy" Baring (20 October 1956 - ). Married Michael John Wilmont Malet Vaughan, son of John David Malet Vaughan, 8th Earl of Lisburne. They have three children called Emma, Sophie and Edward.
- Mark (Francis Robert) Baring (17 August 1958 - ). Married Miranda Caroline Moncrieff. They have four children called, in age order Aurea, Fred,Patrick and Flora.
- Rose Theresa Baring (7 December 1961 - ). Married Barnaby Hugh Rogerson. They have two daughters called Molly and Hannah.
- Alexander Nicholas John "Zam" Baring (15 February 1964 - ). Married Lucy Caroline Fraser, daughter of General David William Fraser. They have four children called Olive, William, Anna and Alfred .
Baring and his first wife received a divorce
Divorce
Divorce is the final termination of a marital union, canceling the legal duties and responsibilities of marriage and dissolving the bonds of matrimony between the parties...
in 1984. He remained single for three years. In 1987, he married Sarah Cornelia Spencer-Churchill, Director, Borderline http://www.borderlinefabrics.com, who has three children from a previous marriage. Peregrine Crewe, Emma Crewe (married to Nicholas Vester, they have two children Cleo and Scarlet) and Bel Crewe who has two children Jack Badger and Molly Megan.
Sarah Cornelia is a daughter of John George Spencer-Churchill
John Spencer-Churchill (artist)
John George Spencer-Churchill , son of John Strange Spencer-Churchill and nephew of Sir Winston Churchill, was an artist. He was proud to acknowledge that he was "...a direct descendant of one of the sons of the American Revolution." His sister Clarissa married Anthony Eden, British Prime Minister...
and Angela Mary Culme-Seymour. Her paternal grandparents were John Strange Spencer-Churchill
John Strange Spencer-Churchill
Major John Strange "Jack" Spencer-Churchill, DSO, TD was the younger son of Lord Randolph Churchill and Lady Randolph Churchill , and brother of World War II Prime Minster, Sir Winston Churchill....
and Lady Gwendoline Theresa Mary Bertie.
John Strange was a son of Lord Randolph Churchill
Lord Randolph Churchill
Lord Randolph Henry Spencer-Churchill MP was a British statesman. He was the third son of the 7th Duke of Marlborough and his wife Lady Frances Anne Emily Vane , daughter of the 3rd Marquess of Londonderry...
and his wife Jennie Jerome. He was also a brother of Winston Churchill
Winston Churchill
Sir Winston Leonard Spencer-Churchill, was a predominantly Conservative British politician and statesman known for his leadership of the United Kingdom during the Second World War. He is widely regarded as one of the greatest wartime leaders of the century and served as Prime Minister twice...
, Prime Minister of the United Kingdom.
Career
Baring received his education at Eton CollegeEton College
Eton College, often referred to simply as Eton, is a British independent school for boys aged 13 to 18. It was founded in 1440 by King Henry VI as "The King's College of Our Lady of Eton besides Wyndsor"....
and Trinity College, Oxford
Trinity College, Oxford
The College of the Holy and Undivided Trinity in the University of Oxford, of the foundation of Sir Thomas Pope , or Trinity College for short, is one of the constituent colleges of the University of Oxford in England. It stands on Broad Street, next door to Balliol College and Blackwells bookshop,...
.
He has served in the board of directors
Board of directors
A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors...
of several companies. The following list may not be complete:
- He was a director of Trafford ParkTrafford ParkTrafford Park is an area of the Metropolitan Borough of Trafford, in Greater Manchester, England. Located opposite Salford Quays, on the southern side of the Manchester Ship Canal, it is west-southwest of Manchester city centre, and north of Stretford. Until the late 19th century it was the...
Estates from 1964 to 1977. - He was a director of Royal Insurance from 1964 to 1982.
- He was a director of Pye Holdings from 1967 to 1979.
- He was Chairman of the Board of the Barings BankBarings BankBarings Bank was the oldest merchant bank in London until its collapse in 1995 after one of the bank's employees, Nick Leeson, lost £827 million due to speculative investing, primarily in futures contracts, at the bank's Singapore office.-History:-1762–1890:Barings Bank was founded in 1762 as the...
from 1974 to 1989. The Bank had been founded by his ancestor Francis Baring in 1762. - He was invited several timeshttp://bilderbergbook.com/index.php?option=com_content&task=view&id=62&Itemid=48 to the annual meeting of the Bilderberg GroupBilderberg GroupThe Bilderberg Group, Bilderberg conference, or Bilderberg Club is an annual, unofficial, invitation-only conference of approximately 120 to 140 guests from North America and Western Europe, most of whom are people of influence. About one-third are from government and politics, and two-thirds from...
. - He was a director of Dunlop Holdings from 1981 to 1984.
- He was a director of BPBPBP p.l.c. is a global oil and gas company headquartered in London, United Kingdom. It is the third-largest energy company and fourth-largest company in the world measured by revenues and one of the six oil and gas "supermajors"...
from 1982 to 1992. - He was a director of the Bank of EnglandBank of EnglandThe Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694, it is the second oldest central bank in the world...
from 1983 to 1991. - He was a director of the Barings public limited companyPublic limited companyA public limited company is a limited liability company that sells shares to the public in United Kingdom company law, in the Republic of Ireland and Commonwealth jurisdictions....
from 1985 to 1989. - He was Chairman of the Board of BPBPBP p.l.c. is a global oil and gas company headquartered in London, United Kingdom. It is the third-largest energy company and fourth-largest company in the world measured by revenues and one of the six oil and gas "supermajors"...
from 1992 to 1995.
Titles and honours
He succeeded to the Barony of AshburtonBaron Ashburton
Baron Ashburton, of Ashburton in the County of Devon, is a title that has been created twice, once in the Peerage of Great Britain and once in the Peerage of the United Kingdom.-History:...
on 12 June 1991, and became a Knight of the Garter
Order of the Garter
The Most Noble Order of the Garter, founded in 1348, is the highest order of chivalry, or knighthood, existing in England. The order is dedicated to the image and arms of St...
in 1994.