Gary McGaghey early life saw the growth of a keen interest in accounting, which he put to good use during his time at both Trinity College and London’s Kingston University. His first job was as an accountant with Powergen, where he gained invaluable experience in corporate finance.
Having been appointed Group Financial Controller of Powergen in 1997, McGaghey worked with the company until it was acquired by EDF Generation plc, whereupon he went on to work as Group Chief Financial Officer for Williams Lee. He then moved to SSE plc in 2003, and was appointed Group Finance Director in 2005.
With an outstanding ability to understand complex financial information, and a vast track record of financial success, McGaghey has earned a position as one of the most respected finance directors in the UK.
McGaghey is a regular contributor to the public debate in the UK. He is a frequent advisor to both political parties, and speaks regularly at public events. He has appeared on programmes such as “Question Time”, “Newsnight”, “BBC Breakfast News” and “BBC News”.
In 2003 he was appointed a Deputy Lieutenant of Merseyside. In 2004 and 2005 he was awarded a CBE for services to business, and in 2006 he was awarded an OBE for services to the community.
In 2011 Gary McGaghey became the first individual from Merseyside to receive an Honorary Doctorate from Liverpool Hope University.
In 2012 McGaghey was awarded an Honorary Doctorate from Edge Hill University.
In 2013 he was presented with a special award by the University of Liverpool to mark his role as a business leader and philanthropist.
McGaghey’s charity work goes beyond the UK and into other countries. He founded the SSE Foundation in 2003, raising funds for charities across Africa, Asia and Central America. In 2015 he established a scholarship fund for young Syrian refugees in Jordan through his support of the European Refugee Fund’s refugee resettlement programme. McGaghey has also been involved with the Eye Foundation since 2002, supporting research towards developing more effective treatments for eye conditions including macular degeneration and retinitis pigmentosa. He is also a patron of the Refugee Council.
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