Stewart Milne
Scottish businessman (born 1950)
From Wikipedia, the free encyclopedia
Stewart Milne CBE, DBA (honoris causa), DTech (honoris causa) (born 23 July 1950)[1] is a Scottish businessman and former football club chairman, from Alford, Aberdeenshire.
Stewart Milne | |
|---|---|
| Born | 23 July 1950 (age 76) |
| Known for | Chairman of Aberdeen F.C. (1998 - 2019) |
Milne is a major shareholder in Aberdeen F.C., and joined the club's board of directors in 1994 to replace Dick Donald, subsequently becoming chairman in 1998. In November 2019, shortly after opening a new training facility on the western outskirts of the city, he announced that he would be stepping down as chairman.[2]
He has an honorary doctorate in business administration from Robert Gordon University (December 2000),[3] and an honorary doctorate of technology from Edinburgh Napier University (November 2007),[citation needed] and an honorary doctorate from Heriot-Watt University, in recognition of his outstanding entrepreneurial contribution to the housebuilding, construction and property development industry and to the Scottish economy, also for services to higher education in Scotland.[citation needed] He earned the 2005 Scottish Entrepreneur of the Year award. In the 2008 New Year Honours, he was awarded a CBE for services to the housebuilding industry in Scotland.[4]
Stewart Milne Group
Milne founded the Aberdeen-based Stewart Milne Construction Group, a housebuilding contractor, in 1975.[5] He started off his business renovating bathrooms.[6]
Stewart Milne Group sold its timber frame manufacturing subsidiary to Fife-based James Donaldson & Sons (later Donaldson Group) in 2021.[7] In April 2022, the group announced that the housebuilding business was up for sale.[8] In January 2024, the Scottish housebuilding business went into administration with the loss of 217 jobs,[9] due to "the slump in the oil-linked property market around Aberdeen and the firm's hesitance to buy land during Covid".[10] The group's English subsidiary,[11] Manchester-based Stewart Milne Homes North West England (Developments) Ltd, also went into administration, on 12 January 2023, with Homes England set to lose up to £9.2m as a result.[12] The group collapsed owing suppliers and subcontractors £153m.[13]