Dr. James Hay

Dr. James Hay
Born (1950-06-07) 7 June 1950
Nationality British
Employer JMH Group
Title Chairman

Dr. James (Jim) Hay (born 7 June 1950) is a Scottish born entrepreneur. He is the Chairman of Dubai-based JMH Group – a private family business operating in the construction and high end luxury goods markets.[1] The Hay family was listed in the Sunday Times 2012 ‘Rich List’ as being amongst Scotland’s 100 wealthiest people.[2]

Education

Dr Hay studied at Strathclyde University, Glasgow, Scotland gaining a BSc and PHD in Applied Chemistry.[1] In 2013 he was welcomed to the ‘Strathclyde Academy of Distinguished Entrepreneur’s’ for his work with the JMH Group/Fosroc.[3]

Career

BP

In 1975 Dr Hay joined BP as an engineer and went on to spend 27 years there.[4] He went on to become a senior executive at BP.[5]

JMH Group

In 2002 he founded the JMH Group, a private business which is today reported as having turnover in excess of $600m.[4][6] He is Chairman of the JMH Group which includes Fosroc as well as luxury goods brands Ray Ward, Bernard Wetherall (Savile Row men's outfitters) and Fitriani (women's fashion design and retailer).

Fosroc

Dr Hay acquired Fosroc which provides Constructive Solutions for a wide variety of construction project.[7]

Horse Racing

Uplands, The Lambourn Yard

In 2006 Jim purchased Uplands, The Lambourn Yard from John and Lavinia Taylor.[5] In 2008 the Hay family were reported to have topped the list of buyers at South Africa’s yearling sales.[8]

In 2011, they purchased a share in Irish Derby and Champion Stakes winner Cape Blanco and 4 time Group 1 winner Fame and Glory.[9][10] Fame and Glory went on to win the 2011 Ascot Gold Cup, on a day when the Hays were invited to join the Queen's Royal procession in open-topped carriages from Windsor Castle.[11][12]

Recent Racing Performance

In 2010 The Hay Family enjoyed their most successful year in racing with 27 winners, 24 second places and 26 third places earning a total of £375,969 in prize money. In 2014 up to 4 September they have had 13 winners, 9 second places and 13 third places netting £177,991 in total prize money.[13]

Birch Grove

Birch Grove entrance gates

In 2011, Dr Hay and his wife Fitri purchased Birch Grove, the former home of Harold Macmillan in West Sussex.

The estate also includes a private golf course.[12]

Charitable Donations

University of Strathclyde

In 2009, Dr Hay was reported to have made a substantial donation to his former university, Strathclyde's Insititute of Pharmacy and BioMedical Sciences, in support of a 'Drug Discovery' campaign.[4]

Dubai Community Theatre & Arts Centre

Jim is listed as a ‘Diamond Star Patron’ for the Dubai Community Theatre & Arts Centre.[14]

References

  1. 1 2 "Jim Hay Bio". University of Strathclyde.
  2. "Scotland's 100 Wealthiest People". Therichest.com.
  3. "Jim Hay Wins Award at 2013 Event". University of Strathclyde.
  4. 1 2 3 "Strathclyde People Spring 2009" (PDF). Strath.ac.uk. Retrieved 5 September 2014.
  5. 1 2 Armytage, Marcus (16 August 2006). "Owner plans to make hay at Uplands" (Press release). London: The Telegraph. Retrieved 5 September 2014.
  6. "JMH Group Company Overview". Bloomberg Business Week. Retrieved 5 September 2014.
  7. "Fosroc Company Overview". The Construction Index.
  8. Hogg, Alec (5 April 2008). "Foreigners scoop SA bloodstock cream" (Press release). MoneyWeb. Retrieved 5 September 2014.
  9. "Tom Tate Parts Company with Jim & Fitri Hay". The Racing Post.
  10. "NTRA Bio on Jim Hay". NTRA.
  11. RAWI, MAYSA (17 June 2011). "Carole Middleton arrives by carriage in Royal procession with the Queen as she attends Ladies' Day" (Press release). Daily Mail. Retrieved 5 September 2014.
  12. 1 2 Eden, Richard (6 November 20115). "Carole Middleton's racehorse-owning friend Dr Jim Hay buys Harold Macmillan's former home" (Press release). The Telegraph. Retrieved 5 September 2014. Check date values in: |date= (help)
  13. "Fitri Hay Race Card". The Racing Post.
  14. "DUCTAC Support Section". Dubai Community Theatre & Arts Centre.
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