Rod Petrie

Petrie trained to be a chartered accountant with Ernst & Young, eventually becoming an audit partner in 13 years with the firm.

Hibernian was one of the first Scottish clubs to react to the new financial landscape, taking action to reduce costs as quickly as possible.

Petrie, the only significant minority shareholder in Hibs, and the board explored options to reduce debt.

Two options were identified: one was for the club to stay at Easter Road while increasing revenue; the second was to sell the Easter Road site to clear the club's debt and to share a proposed new ground in Midlothian with Edinburgh derby rivals Hearts, who also had significant financial problems.

[5] Hibs then appointed former player and manager Pat Stanton to act as an "honest broker" in a public consultation process that followed.

[7][8] The club launched a campaign called Stand Up And Be Counted to engage with fans in an effort to increase revenues.

[25] Hibs continued to break even in the 2009–10 season, although this was due to the sale of players offsetting a trading loss.

[27] The previous three managers – John Collins, Mixu Paatelainen and Hughes – had all left the club within 18 months of being appointed.

[33] Petrie left the Hibs board in July 2019, after American businessman Ronald Gordon acquired majority ownership of the club.

[35] His election was criticised by John Collins, who said he felt there were other people who could offer greater "passion and knowledge".