David Reid (businessman)

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Sir David Reid
Born
David Edward Reid

5 February 1947 (1947-02-05) (age 75)[1]
Scotland, United Kingdom
NationalityBritish
EducationFettes College
Alma materAberdeen University
OccupationBusinessman
Years active1970–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 British businessman and chartered accountant. He was until 2011 the chairman of Tesco, Britain's largest supermarket chain.

Early life[]

Educated at Fettes College and Aberdeen University,[2]

Career[]

Reid qualified as a chartered accountant with Peat Marwick Mitchell in 1970.[3][4]

He was appointed chief accountant for Philips Video and then for International Stores before becoming finance director of Tesco in 1985.[3] He became deputy chairman of Tesco in 1996 and chairman in 2004.[3]

He is also a non-executive director of Reed Elsevier and chairman of Kwik-Fit.[3] He was previously a non-executive director of Legal & General, Westbury and De Vere Group.[5]

Charitable work[]

He is a director of the Tesco Charity Trust which spends circa £5m per annum on good causes.[6] He is chairman of , a charity which seeks to help disabled children.[7]

Honours[]

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. ^ Alumni Aberdeen University, retrieved 26 October 2011
  3. ^ a b c d Motivational speakers Gordon Poole Agency website, retrieved 26 October 2011
  4. ^ David Reid - Industrialist Archived 25 April 2012 at the Wayback Machine Notable CVs and Resumes, 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 Archived 27 April 2009 at the Wayback Machine Whizz-Kidz: About us, retrieved 26 October 2011
  8. ^ "No. 60009". The London Gazette (Supplement). 31 December 2011. p. 1.
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