Denis Thatcher - Career

Career

Thatcher, already a millionaire when he met her, financed his second wife's training as a barrister, and a home in Chelsea; he also bought a large house in Lamberhurst, Kent in 1965. His firm employed 200 people by 1957, but he sold it to Castrol on 26 August 1965 after suffering a mild nervous breakdown in 1964. He received a seat on Castrol's parent board, which he retained when Burmah Oil took it over in 1966. He retired from Burmah in June 1975, four months after his wife won the Conservative Party leadership election.

In addition to being a director of Burmah, he was chairman of the Atlas Preservative Co, vice-chairman of Attwoods plc from 1983 to January 1994, a director of Quinton Hazell plc from 1968 to 1998 and a consultant to Amec plc and CSX Corp. He was also a non-executive director of retail giant Halfords during the 1980s.

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