Share This Profile
Share this profile on Facebook.
Link to this profile on LinkedIn.
Tweet this profile on Twitter.
Email a link to this profile.
See other services through which you can share this profile.
This profile was last updated on 12/24/14  and contains information from public web pages and contributions from the ZoomInfo community.

Mr. Michel R. de Carvalho Esq.

Wrong Michel R. de Carvalho Esq.?

Board Member

Phone: +44 *** *** ****  HQ Phone
Heineken N.V.
Caledonian Brewery 42 Slateford Road
Edinburgh EH11 1PH
United Kingdom

Company Description: Heineken is one of the world's leading brewers, with a wide international presence through a global network of distributors and breweries. Heineken owns and manages...   more

Employment History

Board Memberships and Affiliations


  • Harvard
18 Total References
Web References
Supporters, 1 July 2012 [cached]
Michel de Carvalho Vice-Chairman, Citigroup plc
Michel de Carvalho is the Vice Chairman of Investment Banking at Citigroup plc, the financial services company with over 200 million customer accounts in over 100 countries and assets of over $1.5 trillion. He is also a member of the Heineken supervisory board.
Her British husband, ... [cached]
Her British husband, Michel de Carvalho, a banker at Citi, has been on the brewer's supervisory board for the past 18 years.
Michel, 70, is more obviously outgoing than his wife, more readily responding to questions at the opening of Holland Heineken House, a meeting place for Dutch athletes at the 2012 London Olympics, after she had confessed an interest in horse riding. Michel appeared in three Winter Olympics as a British alpine skier and luger and was once a child actor, playing Farraj in Lawrence of Arabia, an orphan servant shot by Lawrence to save him from being taken by the Turks.
Skeleton: British Skeleton has ..., 2 May 2013 [cached]
Skeleton: British Skeleton has welcomed Olympic Champion Amy Williams MBE as the governing body's first Vice-President and triple Olympian and Citigroup Investment Banker Michel de Carvalho, as the sport's new President.
And yet, perhaps you never heard ..., 17 Dec 2014 [cached]
And yet, perhaps you never heard of Michel de Carvalho.
De Carvalho is the supporting actor, so to speak, in my exclusive profile of Charlene de Carvalho, the sole heir to the Heineken fortune, in the current issue of Fortune.
A few weeks before my visit, I had gotten a cold call from a London-based PR man, who told me that 2014 is Heineken's 150th anniversary and the heiress was willing to talk for the first time-and that Michel, as outgoing as Charlene is shy, is fascinating too.
Michel de Carvalho has certainly lived a life. Born to a British mother and a Brazilian diplomat father in England, he began acting as a child. Using the stage name Michel Ray, he was in several movies, but most memorably he played the shepherd boy Farraj who gets mortally wounded by a detonator in the epic Oscar winner, Lawrence of Arabia. He quit acting to go to Harvard, and then he infuriated his parents by putting off Harvard Business School to join the British ski team at the 1968 Olympic Games in Grenoble, France. He competed again with Britain's luge team at the 1972 and 1976 Olympics-and went on to HBS and a banking career that included stints at Credit Suisse CS and Nikko Securities before Citigroup C .
De Carvalho wooed Charlene, Freddy Heineken's overprotected only child, on the ski slopes of St. Moritz, where both families had vacation homes.
Michel helped his wife lean in and embrace her new power. He prodded her to get involved in the business, traveled the globe with her to see breweries, and helped her assess the management.
Had a Heineken-Busch venture come together, Michel says, "it might have changed the history of the Busch family.
Here are Michel and Charlene de Carvalho together, talking about how they guard and guide Heineken to keep growing in the future:
So this was a simple ceremony in an ordinary cemetery, with no funeral preceding it, attended only by Freddy's secretary and his immediate family: Freddy's wife, Lucille; his son-in-law, Michel; and 47-year-old Charlene.
Before Freddy's death, Michel de Carvalho had no need to rely on his spouse for anything except raising their five children and being a good banker's wife.
Charlene and Michel, who is a Heineken director, called on the board to replace the then-CEO with a more aggressive leader.
"The best defense is always a high share price," says Michel. But the premium-brand portfolio, as well as Heineken's strength in emerging markets like Nigeria (its second-largest profit producer, after Mexico) and Vietnam, has attracted unwanted suitors as well.
Charlene met Michel de Carvalho on the ski slopes of St. Moritz.
Peter O'Toole (left) with Michel de Carvalho during location filming on 'Lawrence of Arabia', 1962.Courtesy of Silver Screen Collection-Getty Images
"It was an unbreakable bond," says Michel. He recalls Freddy sitting with him at a three-hour dinner in Amsterdam and grilling him on his past romances, his bank account, even his eyesight. "The nicest thing Charlene's father ever said about me was, 'He's not interested in Charlene for her money.'" Michel and Charlene married in London in the fall of 1983.
Michel de Carvalho, Charlene de Carvalho, Heineken headquarters
Michel de Carvalho with Charlene at Heineken headquartersPhoto By: Sander Stoepker-Fotograaf
While Michel flew to visit clients around the globe, Charlene stayed home, having babies in efficient succession.
"If we get that wrong, we've wasted our energy on all that we've built," says Michel de Carvalho, the investment banker husband of Charlene Heineken.
"But Charlene and I are not yet convinced that we could not have an odd number, perhaps three," admits Michel, noting that ownership may be a lonely job for one heir.
"Many people assumed we would sell the business or screw it up," says Michel. As the couple met with managers and investors around the world-initially, he more than she, since they had young children at home-they spent many hours at night comparing notes. "I'm finding it fascinating," she recalls thinking.
May I remind you that she is half her father," Michel wrote to Heineken's chairman. "That is probably a side that you should leave dormant."
And so, when they saw Heineken missing opportunities in the global market, Charlene and Michel urged the board to replace CEO Thony Ruys.
"I'm always frustrated," says Michel. "One of the things that drives me is the thought that one guy is constantly looking down and wondering whether we're going to fuck it up."
When I ask Charlene de Carvalho-Heineken what her greatest worry is, she takes a few seconds to think and then replies, "Sometimes success breeds complacency. She and Michel were surprised by SABMiller's takeover approach in September because SAB's top brass had informally proposed combining many times, and "we had left a fairly clear message that we have no interest," says Michel.
They weren't frightened by SAB's latest overture since "the lady who throws the switch," as Michel calls his wife, owns over 50% of Heineken's voting stock. But they view the bid as fair warning to be on top of their game. "There's a silver lining in the cloud," says Michel, explaining that the takeover bid enables Heineken's CEO to "tell 81,000 employees, 'You all have to work harder to keep the stock up.' This gives Jean-François a free hand to be a tougher CEO."
Michel says he worries about succession. Van Boxmeer will complete the last year of his third four-year contract in 2017, and he and Charlene would be pleased if he renews. "Jean-François is one of the world's great CEOs," says Michel.
Michel adds: "I would be very disappointed if three or four executives wouldn't consider themselves to be candidates, but in Holland and in London, unlike the U.S., putting yourself even slightly above the parapet is a recipe for disaster."
Learning how to preserve the dynasty has become the de Carvalhos' most important mission. Charlene and Michel recently hired a British consultant on inherited wealth, Martin Jenkins, to talk with the family about, as Michel said in a letter to the five children in June, "your ambitions, desires, questions, maybe even fears of inheriting a legacy. Charlene and Michel recently hired a British consultant on inherited wealth, Martin Jenkins, to talk with the family about, as Michel said in a letter to the five children in June, "your ambitions, desires, questions, maybe even fears of inheriting a legacy.
"We all have exactly the same problem," says Michel.
"Think hard and pick one," says Michel.
Other People with the name "de Carvalho":
Other ZoomInfo Searches
Accelerate your business with the industry's most comprehensive profiles on business people and companies.
Find business contacts by city, industry and title. Our B2B directory has just-verified and in-depth profiles, plus the market's top tools for searching, targeting and tracking.
Atlanta | Boston | Chicago | Houston | Los Angeles | New York
Browse ZoomInfo's business people directory. Our professional profiles include verified contact information, biography, work history, affiliations and more.
Browse ZoomInfo's company directory. Our company profiles include corporate background information, detailed descriptions, and links to comprehensive employee profiles with verified contact information.