Mark Price, Baron Price

The Right Honourable
The Lord Price
CVO
Minister of State for Trade and Investment
Assumed office
4 April 2016
Prime Minister David Cameron
Theresa May
Preceded by The Lord Maude of Horsham
Personal details
Born (1961-03-02) 2 March 1961
Crewe, England
Political party Conservative
Spouse(s) Judith Bolt
Children Two
Residence Sturminster Newton
Alma mater London Business School
Occupation Businessman

Mark Ian Price, Baron Price CVO (born 2 March 1961) is a British businessman and former Managing Director of Waitrose, and Deputy Chairman of the John Lewis Partnership.[1][2][3][4][5] He joined the Conservative government as the Minister of State for Trade and Investment in April 2016.[6]

Early life

Price was born and grew up in Crewe, England.[1][3] His father was a corner shop owner, later a wholesaler, and an evangelical preacher.[1][4] He attended Crewe County Grammar School for Boys.

In 1982 Price graduated from Lancaster University with a 2:1 BA degree in Archaeology.[1][3]

Career

He started his career at the John Lewis Partnership as a graduate trainee in 1982,[1][3][4][7] before progressing to become John Lewis store manager in High Wycombe and Cheadle.[2][3][7] In 2005, he joined the John Lewis Partnership Board taking on responsibility for strategy as Development Director. In April 2007, the then Managing Director Steven Esom left the Partnership, and Price was appointed as his replacement.[1][2][3] At the time Waitrose had 183 stores, and within six years this number had increased to 300.

In 2013 it was announced that in addition to his position at Waitrose he would become Deputy Chairman of the John Lewis Partnership, replacing David Barclay who had held the position since 2006.[8]

In October 2015 Price announced he was to leave the John Lewis Partnership in April 2016 after 10 years fulfilling the role of Managing Director of Waitrose.[9] Suggestions have been made saying that Mark may apply for the chairman position of Channel 4.[9][10]

In February 2016 it was announced that Price would become the new Minister of State for Trade, after the resignation of Lord Maude of Horsham, and that he would be made a life peer.[6] On 29 February, he was created Baron Price, of Sturminster Newton in the County of Dorset.[11]

Other work

Price has served as Chairman of Business in the Community since 2011 and The Prince's Countryside Fund since 2010.[1][7][12] He sits on the Board of Directors of Channel 4 and the Consumer Goods Forum.[2][12] He was appointed Commander of the Royal Victorian Order (CVO) in the 2014 New Year Honours for his work with Business in the Community and The Prince's Countryside Fund.[13][14] Price is also a Life Patron at GroceryAid.[15]

Personal life

In 1991 Price married Judith Bolt in the London Borough of Richmond upon Thames. They live in Sturminster Newton with their two daughters.[2][3]

Styles of address

References

  1. 1 2 3 4 5 6 7 Rigby, Elizabeth (June 19, 2010). "Lunch with the FT: Mark Price". Financial Times.
  2. 1 2 3 4 5 Blackhurst, Chris (December 15, 2010). "The jolly grocer who's made Waitrose the chain to watch". London Evening Standard.
  3. 1 2 3 4 5 6 7 Teather, David (5 October 2007). "'To be honest, I'm all about a love of food. The fact is I am chubby'". The Guardian.
  4. 1 2 3 Uloth, Rupert (24 January 2008). "Interview: Waitrose MD Mark Price". Country Life.
  5. ↑ "The Prince's Countryside Fund". www.princescountrysidefund.org.uk. Retrieved 2016-02-20.
  6. 1 2 "Ministerial appointment: Mark Ian Price". Retrieved 10 February 2016.
  7. 1 2 3 The Prince's Countryside Fund trustees
  8. ↑ Hawkes, Steve (26 July 2013). "Waitrose chief Mark Price named deputy chairman of John Lewis". The Daily Telegraph. Retrieved 4 November 2014.
  9. 1 2 Sheffield, Hazel (20 October 2015). "Waitrose boss Mark Price resigns". The Independent. Retrieved 29 November 2015.
  10. ↑ Farrell, Sean; Sweney, Mark (20 October 2015). "Waitrose boss Mark Price quits to 'head Channel 4'". The Guardian. Retrieved 29 November 2015.
  11. ↑ The London Gazette: no. 61516. p. 4714. 4 March 2016.
  12. 1 2 "Channel 4 Board". Channel 4.
  13. ↑ The London Gazette: (Supplement) no. 60728. p. 4. 31 December 2013.
  14. ↑ "New Year Honours 2014: list in full". The Daily Telegraph. 30 December 2013.
  15. ↑ "Trustees and Patrons | Grocery Aid". Grocery Aid. Retrieved 2015-12-23.

Audio clips

Video clips

Business positions
Preceded by
Steven Esom		 Managing Director
of Waitrose
2007–2016 		Succeeded by
Incumbent
Preceded by
David Barclay		 Non-Executive Deputy Chairman
of the John Lewis Partnership
2013–2016 		Succeeded by
Incumbent
Political offices
Preceded by
The Lord Maude of Horsham		 Minister of State for
Trade and Investment
2016–present 		Incumbent


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