Newspaper article Evening Gazette (Middlesbrough, England)

Legacy for Future Generations; Lifetime Achievement Award Sponsored by Allied Irish Bank (GB) Margaret Fay - Chairman of One NorthEast

Newspaper article Evening Gazette (Middlesbrough, England)

Legacy for Future Generations; Lifetime Achievement Award Sponsored by Allied Irish Bank (GB) Margaret Fay - Chairman of One NorthEast

Article excerpt

MARGARET Fay has been an exemplary chairman of One NorthEast and will be a very difficult act to follow when she retires next year.

She has done such a good job that even though she was due to leave this year Mrs Fay was asked to stay an extra year by Business Secretary Lord Mandelson to help steer the regional development agency through the recession.

Mrs Fay said the highlights of her six-year stint include the securing of 100 jobs for the region with the relocation of the Maersk shipping line from Canary Wharf to the Quayside.

But she also says that she found most satisfaction from some of the smaller tasks - describing as "phenomenal" the feeling she got from a project to bring power to Kielder Village.

And with some suggestions that an incoming Conservative Government may abolish RDAs, Mrs Fay says she will join the fight for One NorthEast's future.

Mrs Fay, who was appointed ONE chairman in 2003 and reappointed in 2006, said: "When the recession hit Lord Mandelson asked me to stay on for an extra year or until the appointment had been made.

"Next year is going to be fascinating with the general election and I will continue to support One NorthEast and fight for the services it provides. I genuinely believe that economic development needs to be done on a regional level."

Mrs Fay spent 22 years at Tyne Tees Television, starting in the accounts department and working her way to the top. After leaving accounts she moved into her first managerial role in facilities management where she had responsibility for Tyne Tees'' premises and services.

Her next promotion was into production where she held various operational management positions before her appointment to the board as director of operations following the takeover in 1992 by Yorkshire Television.

Following a further takeover in 1997 by Granada she was appointed managing director, which she held until she took early retirement in December 2003 in order to take up her current post. …

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