James Martin Ritchie

James Martin Ritchie FCMI, FRSA (29 May 1917 – 3 June 1993) was the chairman and chief executive of Bowater Paper Corporation Limited from 1969-1972.[1] [2] At the time Bowater's was the world's largest newsprint producer.[1]

Early life

James Martin Ritchie was educated at Strathallan School in Perthshire, Scotland.[3] In 1934 he joined the family firm, Andrew Ritchie and Son Ltd, based in Glasgow, becoming a director in 1938.[3] The company manufactured corrugated fiber containers.[3] In 1938 he joined the Territorial Army as an officer.[3]

During World War II Ritchie served with a British Army Heavy Anti-Aircraft Regiment and was appointed captain in 1941.[3] In 1943 he passed staff college and from 1944-1945 served as Deputy Assistant Adjutant and Quartermaster General with Middle East Command.[3]

Career

Following the completion of his military service, Ritchie rejoined the family firm, which had become part of the Eburite Organisation, becoming managing director in 1950.[3] In 1956 the business merged with Bowater and was renamed Bowater-Eburite Ltd, with Ritchie as general manager.[3] He was appointed a director of Bowater Paper Corporation Limited in 1959, managing director in 1964, deputy chairman and managing director in 1967 and chairman and chief executive from 1969 until his retirement in 1972.[3]

Ritchie oversaw Bowater's purchase of Ralli International for £80 million in 1972.[4] A deal designed to diversify Bowater's away from the paper trade and into other product areas.[4]

Ritchie also served as chairman of British Enkalon Limited between 1975 and 1983, chairman of Haymills Holdings Limited from 1977 until 1983 and as a director of Sun Alliance and London Insurance Limited from 1970 to 1987.[3]

Honours

References

  1. 1 2 "Bowater head sets retirement". The Gazette (Montreal). 6 December 1972. Retrieved 13 November 2013.
  2. ↑ "History of Rexam PLC". www.fundinguniverse.com. 2013. Retrieved 14 November 2013.
  3. 1 2 3 4 5 6 7 8 9 10 11 12 Ritchie, James Martin. Who Was Who. 2016 (November 2015 online ed.). A & C Black, an imprint of Bloomsbury Publishing plc.
  4. 1 2 "Bowater bid for Ralli will aid interests here". The Sydney Morning Herald. 6 October 1972. Retrieved 14 November 2013.
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