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In 2002 Sir Derek Bibby, 2nd baronet, and great-great-grandson of the founder and past chairman and president of the firm, was aged 80 and terminally ill with leukemia.
He succeeded his father in 1915 as managing director of Rother Vale Collieries which owned mines around Treeton, near Rotherham, Yorkshire and, like his father, became a prominent industrialist with numerous interests and directorships in mining, steel and banking in Yorkshire and elsewhere.