David Reid (businessman)

Sir David Reid
Born David Edward Reid
5 February 1947 (age 68)[1]
Scotland, United Kingdom
Nationality British
Ethnicity White British
Education Fettes College
Alma mater Aberdeen University
Occupation Businessman
Years active 1970–present
Title
  • Finance director of
    Tesco plc (1985–97)
  • Deputy chairman of
    Tesco plc (1993–2004)
  • Non-executive chairman of Tesco plc (2004–11)
  • Chairman of Kwik-Fit (present)

Sir David Edward Reid (born 5 February 1947) is a Scottish-born British businessman and chartered accountant.[2] He was until 2011 the Chairman of Tesco, Britain's largest supermarket chain.

Educated at Fettes College and Aberdeen University,[3] David Reid qualified as a Chartered Accountant with Peat Marwick Mitchell in 1970.[4]

He was appointed Chief Accountant for Philips Video and then for International Stores before becoming Finance Director of Tesco in 1985.[4] He became Deputy Chairman of Tesco in 1996 and Chairman in 2004.[4]

He is also a Non-Executive Director of Reed Elsevier and Chairman of Kwik-Fit Group.[4] He was previously a Non-Executive Director of Legal & General, Westbury and De Vere Group.[5]

He is also a Director of the Tesco Charity Trust which spends circa £5m per annum on good causes.[6] He is also Chairman of Whizz-Kidz, a significant charity which seeks to help disabled children.[7]

Reid was knighted in the 2012 New Year Honours for services to business and charity.[8]

References

  1. David Reid at Directorcheck.co.uk
  2. David Reid - Industrialist Notable CVs and Resumes, retrieved 26 October 2011
  3. Alumni Aberdeen University, retrieved 26 October 2011
  4. 4.0 4.1 4.2 4.3 Motivational speakers Gordon Poole Agency website, retrieved 26 October 2011
  5. Captains of Industry The Times, retrieved 26 October 2011
  6. David Reid Charity Commission website, retrieved 26 October 2011
  7. David Reid, Trustee Whizz-Kidz: About us, retrieved 26 October 2011
  8. The London Gazette: (Supplement) no. 60009. p. 1. 31 December 2011.