Sir paul girolami biography of william hill

Italian-British businessman (1926–2023)

Sir Paul GirolamiFREconS FIMC (25 January 1926 – 17 March 2023) was an Italian-British businessman, who was chairman and chief executive of Glaxo; he made Glaxo into a worldwide success.

Early life and career

Girolami was born in Italy on 25 January 1926.^[1] He attended the London School of Economics.

Girolami joined Glaxo in 1965 as a Financial Controller. He became finance director in 1968 when aged 42.

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In April 1980 it was announced that he would become chief executive. In the early 1980s, Glaxo briefly surpassed British Telecom to become Britain's most valued company on the stock market (LSE), and Glaxo was the world's second-largest pharmaceutical company and remained so into the 1990s; it had been 25th largest in the world in 1980.

The reasons for this were a huge increase in its R&D budget, and employing many more researchers; by 1993 it was spending $750 million on research with around 5,500 res