James Sherwood
James Blair Sherwood (August 8, 1933 – May 18, 2020) was an American-born, British-based businessman, and the founder of Sea Containers.
James Sherwood | |
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Born | James Blair Sherwood August 8, 1933 Newcastle, Pennsylvania, US |
Died | May 18, 2020 86) London, England | (aged
Nationality | American |
Education | Yale University |
Known for | Founder, Sea Containers |
Home town | Lexington, Kentucky, US |
Net worth | £60 million (2004) |
Spouse(s) | |
Children | 2 sons (adopted) |
Early life
James Blair Sherwood was born in Newcastle, Pennsylvania,[1] the son of William Sherwood, a patent attorney, and Florence.[2] He grew up in Lexington, Kentucky and earned a degree in economics from Yale University.[3] Sherwood learned about shipping first in the United States Navy, spending three years as a cargo officer, and then working for United States Lines and CTI for six years.
Business career
In 1965, Sherwood founded Bermuda-based, New York Stock Exchange listed, London-headquartered shipping company Sea Containers with initial capital of $100,000.[4] Over forty years Sherwood expanded Sea Containers from a supplier of leased cargo containers, into various shipping companies, as well as expanding the company into luxury hotels and railway trains, including the Venice-Simplon Orient Express[5] and Great North Eastern Railway that operated the InterCity East Coast franchise.[6]
Although valued with a net worth of £60million in the 2004 Sunday Times Rich List,[7] as Sea Containers hit financial troubles, he resigned as Co-Chief Executive Officer from each of his companies in 2006.[8]. He continued as a Director of Orient Express Hotels Ltd until retiring on 9 June 2011. He was later designated as Founder and Chairman Emeritus.[9]
Personal life
In 1977, Sherwood married the writer and botanist Shirley Cross.[10][2] Her sons, Simon and Charles, from her previous marriage adopted his surname.[2]
He died on May 18, 2020 of complications after abdominal surgery, aged 86.[1][11]
References
- Green, Penelope (July 3, 2020). "James Sherwood, Who Revived the Orient Express, Dies at 86". The New York Times. Retrieved July 3, 2020.
- Adeney, Martin (11 June 2020). "James Sherwood obituary". The Guardian. Retrieved 11 June 2020.
- Latest Ferry News - November 2005 Archived October 10, 2006, at the Wayback Machine
- Sea Containers Ltd. - Company History Funding Universe
- Grice, Elizabeth (27 April 2012). "James Sherwood interview: the man who relaunched the Orient-Express". The Daily Telegraph. London.
- Sea Containers wins East Coast Main Line franchise Rail issue 276 10 April 1996 page 7
- Sunday Times Rich List 2004 - James Sherwood Times Online
- Sherwood to hand over helm at Sea Containers Daily Telegraph 8 December 2002
- Ltd, Orient Express Hotels. "Chairman James Hurlock and Founder James Sherwood to Retire From Orient-Express Board Of Directors". www.prnewswire.com.
- "Dr Shirley Sherwood to Guest Curate Botanical ArtExhibition". Orient Express. 18 January 2005. Retrieved 25 March 2010.
- Obituaries, Telegraph (2020-05-20). "James Sherwood, founder of Sea Containers who put his heart into reviving the Orient Express – obituary". The Telegraph. ISSN 0307-1235. Retrieved 2020-05-20.
External links
- Portrait Sculpture of James Sherwood by John W Mills