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Adam Parr Resigns!
Damon96 (IP Logged)
26 March, 2012 07:27
Just seen it on Sky news!

[uk.eurosport.yahoo.com]

Wonder if it has anything to do with the lack of signing up to the new Concorde agreement? I noticed at the end of last year bernie seemed surprised the top engineers went in the reshuffle but nobody else, always wondered if he was talking about parr. Can't say I'll she'd any tears.

 
Re: Adam Parr Resigns!
Mr. Pink (IP Logged)
26 March, 2012 07:44
WTF!

Autosport



http://img292.imageshack.us/img292/8830/logoqz0.gif
Sir Frank: "It's what we do, we love doing it. It's like oxygen, it fixes you".



Edited 1 time(s). Last edit at 26/03/2012 07:46 by Mr. Pink.

 
Re: Adam Parr Resigns!
Gwanni (IP Logged)
26 March, 2012 07:50
why i wonder why? and who is nick rose?

 
Re: Adam Parr Resigns!
speed (IP Logged)
26 March, 2012 07:55
Whoa! that was totally unexpected!

I hope it doesn't affect on track performance.

 
Re: Adam Parr Resigns!
pgj (IP Logged)
26 March, 2012 08:01
I wish Adam well with the rest of his life. I also thank him for what he has done for Williams. He did a terrific job imo.

If reports are true that he has stepped down in order to get a better life ballance. It puts the efforts and sacrifices that people make to keep f1 progressing at the pace that it does into context. Most would jump at the chance to work in f1. But f1 extracts a high toll. Patrick said that he was putting in 80-100 hour weeks for year on year. It must have been a tough decision for Adam to walk away from f1. Credit to him for having the strength of character to do it.

Thank you Adam. Williams is in better shape than when you arrived.



Williams and proud of it.

 
Re: Adam Parr Resigns!
GroveF1 (IP Logged)
26 March, 2012 08:33
This actually both shocks and saddens me. I liked Adam, he has grown on me, you have to say he has provided the results needed at Williams, both financially and on-track with the new Technical Team.

 
Re: Adam Parr Resigns!
26 March, 2012 08:39
What a shock switching on Sky news this morning and this for breaking news why now and more importantly WHY

Thanks for everything you have done in the last 5 and a bit years good luck in what ever you do in the future [b][/b]



100% Williams
WILL SUPPORT WILLIAMS AS LONG AS THEY HAVE A TEAM

 
Re: Adam Parr Resigns!
gpl (IP Logged)
26 March, 2012 08:39
Very strange so sudden.

I hope we can get another single minded chap in charge , who can carry on pushing us forward.

 
Re: Adam Parr Resigns!
Mr. Pink (IP Logged)
26 March, 2012 08:43
We have another businessman in charge...

Quote:
Mr. Nicholas C. Rose, Nick is a founding patron of SITraN (The Sheffield Institute for Translational Neuroscience). Mr. Rose served as the Chief Financial Officer of Diageo PLC from July 1, 1999 to October 14, 2010 and was responsible for global supply, global procurement, group strategy and global IS. He served as Finance Director of Diageo PLC from July 1999 to October 14, 2010. Mr. Rose served as Senior Finance Positions with Grand Metropolitan and was latterly Finance Director of International Distillers & Vintners in 1996 and then of United Distillers & Vintners in 1997. Mr. Rose joined GrandMet in June 1992 initially as Group Treasurer, and became Group Controller in 1995. He spent eleven years with Ford Finance in many different roles with a number of international assignments. He worked in the United States for Ford in Detroit in areas such as portfolio management, corporate funding and capital structuring, experience of relevance and importance to Scottish Power PLC. He has been Chairman of Edwards Group Limited since March 2011. He has been a Non Executive Director of BT Group plc since January 1, 2011 and BAE Systems plc since February 8, 2010. He serves as a Non Executive Director of Moët Hennessy International SA. He has been a Non Executive Director of Williams Grand Prix Holdings PLC since November 2011. He served as a Director of Möet Hennessy SNC (Moet Hennessy SNC). He served as an Executive Director of Diageo PLC from June 1999 to October 14, 2010. He served as a Non-Executive Director of Scottish Power PLC from February 2003 to April 2007. Mr. Rose has gained a wealth of international experience during a career spanning a number of senior financial posts in the global drinks sector. Mr. Rose graduated from Oxford University in 1980 with an M.A. in Chemistry.



http://img292.imageshack.us/img292/8830/logoqz0.gif
Sir Frank: "It's what we do, we love doing it. It's like oxygen, it fixes you".

 
Re: Adam Parr Resigns!
26 March, 2012 08:47
This is a shock after a solid start to the season, I wonder if he asked Frank for some shares.

 
Re: Adam Parr Resigns!
itwasntandy (IP Logged)
26 March, 2012 09:00
I suspect Adam had a deal with Frank, where he'd stay on, until the points for this year eclipsed last year. -i.e. that he felt there was a stable base to move forward from.

Frank's praise of Adam a month ago was likely a last ditch effort to keep him, after the car looked promising in testing.

 
Re: Adam Parr Resigns!
K1 (IP Logged)
26 March, 2012 09:20
whoa there. MSP presided over the most disastrous years of williams and was, in my eyes, equally responsible for the teams parlous state of affairs.

yes, he has, in concert with other board members taken action, belatedly, to drive the team forward. they could hardly have been worse!!!!

my suspicious mind tells me that there was/is more to this than simply a change of direction. yes, F1 is a demanding business, most high profile enterprises are but he would've been highly remunerated to compensate any excessive demands.

i find it specifically strange that FW would have publicly announced the changes he made some 4/6 weeks ago if he had fully known what was just announced. it sort of makes FW's statement slightly ridiculous.

i am not sorry to see him depart. no one is indispensable after all.

 
Re: Adam Parr Resigns!
mayhemfunkster (IP Logged)
26 March, 2012 09:26
I didn't like some of his comments, some of his attitudes but I have no idea if this is good or bad for WF1.

I wonder if this is where Claire is going to end up after some training as Commercial director?



mayhemlurker ;-)

 
Re: Adam Parr Resigns!
Mr. Pink (IP Logged)
26 March, 2012 09:52
It could be he didn't want Claire up there. Pure speculation but who knows.
I am waiting on some comments from the press after the information is around for a few days.



http://img292.imageshack.us/img292/8830/logoqz0.gif
Sir Frank: "It's what we do, we love doing it. It's like oxygen, it fixes you".

 
Re: Adam Parr Resigns!
PastorCrashdonado (IP Logged)
26 March, 2012 10:02
This is very surprising!

Looking at the fact that they have a replacement ready, this looks like that it was planned sometime ago.

He did a stellar job and if Williams still does exist is down to him.
So big thank you for what he did and I'm sad to see him going.

Pretty sure he has an offer from another company F1 or non related and that's why he's leaving.



Edited 1 time(s). Last edit at 26/03/2012 10:04 by Francesc.

 
Re: Adam Parr Resigns!
Beatrix (IP Logged)
26 March, 2012 10:12
I totally did not see that coming. His replacement seems well qualified. I hope this doesn't have an impact on track.



http://imageshack.com/a/img33/9503/0tgt.jpg

 
Re: Adam Parr Resigns!
Lurcher (IP Logged)
26 March, 2012 10:17
Well that's a fine way to wake up on a Monday morning! Fare thee well, Adam. I have loved and hated you for a good few years now. Hated you for being a smarta$$ and loved you for being a very good smarta$$ for Williams. I hope your future is not at a rival team but I have some suspicion that F1 is under your skin now and I do see possibilities at FOM.
Turning to Nick Rose. Altogether a higher level of performer in business financial circles. He has an impeccable record with Diageo and also has interests in Scottish Power and BT. We await your contribution with interest. I just wonder if your friends are interested in sponsorship?
I suspect this shuffle has been planned over several months and may stem from the failed/shelved situation with QNB. Whatever the reason, we owe massive thanks to Adam for turning Williams around.

 
Re: Adam Parr Resigns!
Mr. Pink (IP Logged)
26 March, 2012 10:18
Is he going for Bernie's seat?



http://img292.imageshack.us/img292/8830/logoqz0.gif
Sir Frank: "It's what we do, we love doing it. It's like oxygen, it fixes you".

 
Re: Adam Parr Resigns!
PastorCrashdonado (IP Logged)
26 March, 2012 10:19
Quote:
Lurcher
Well that's a fine way to wake up on a Monday morning! Fare thee well, Adam. I have loved and hated you for a good few years now. Hated you for being a smarta$$ and loved you for being a very good smarta$$ for Williams. I hope your future is not at a rival team but I have some suspicion that F1 is under your skin now and I do see possibilities at FOM. Turning to Nick Rose. Altogether a higher level of performer in business financial circles. He has an impeccable record with Diageo and also has interests in Scottish Power and BT. We await your contribution with interest. I just wonder if your friends are interested in sponsorship?
I suspect this shuffle has been planned over several months and may stem from the failed/shelved situation with QNB. Whatever the reason, we owe massive thanks to Adam for turning Williams around.

No way. Bernie doesn't like him.

 
Re: Adam Parr Resigns!
TerraNova19 (IP Logged)
26 March, 2012 10:30
Quote:
Francesc
Quote:
Lurcher
Well that's a fine way to wake up on a Monday morning! Fare thee well, Adam. I have loved and hated you for a good few years now. Hated you for being a smarta$$ and loved you for being a very good smarta$$ for Williams. I hope your future is not at a rival team but I have some suspicion that F1 is under your skin now and I do see possibilities at FOM. Turning to Nick Rose. Altogether a higher level of performer in business financial circles. He has an impeccable record with Diageo and also has interests in Scottish Power and BT. We await your contribution with interest. I just wonder if your friends are interested in sponsorship?
I suspect this shuffle has been planned over several months and may stem from the failed/shelved situation with QNB. Whatever the reason, we owe massive thanks to Adam for turning Williams around.

No way. Bernie doesn't like him.

I still ask myself if Bernie forced the exit of Adam from Williams in exchange for a better Concorde accord? For 20-30 millions more Williams will not have other alternative smiling smiley

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