Age, Biography and Wiki

Peter Davis (businessman) was born on 23 December, 1941 in Cheshire, England, is a British businessman (born 1941). Discover Peter Davis (businessman)'s Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 82 years old?

Popular As N/A
Occupation Businessman
Age 82 years old
Zodiac Sign Capricorn
Born 23 December, 1941
Birthday 23 December
Birthplace Cheshire, England
Nationality

We recommend you to check the complete list of Famous People born on 23 December. He is a member of famous businessman with the age 82 years old group.

Peter Davis (businessman) Height, Weight & Measurements

At 82 years old, Peter Davis (businessman) height not available right now. We will update Peter Davis (businessman)'s Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
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Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Not Available
Wife Not Available
Sibling Not Available
Children Not Available

Peter Davis (businessman) Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Peter Davis (businessman) worth at the age of 82 years old? Peter Davis (businessman)’s income source is mostly from being a successful businessman. He is from . We have estimated Peter Davis (businessman)'s net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income businessman

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Timeline

1941

Sir Peter John Davis (born 23 December 1941) is a British businessman, who was, from 2000 to 2004, the CEO of J Sainsbury plc, which operates the UK supermarket chain Sainsbury's.

Davis was born in Cheshire on 23 December 1941, the son of John Stephen Davis and Adriaantje de Baat.

He was educated at Shrewsbury School.

1960

Peter Davis worked for a company called the Ditchburn Organisation, Dock Road, Lytham, Lancashire, U.K. circa 1960/61.

Ditchburns had two sides, one side being Ditchburn Music Maker, which manufactured and sold Juke Boxes and the other side being Ditchburn Vending Machines, which manufactured and sold Hot and Cold drink vending machines.

Davis worked for the sales and marketing side of Ditchburn Vending Machines.

1976

Davis worked for Sainsbury from 1976 to 1986 as marketing director and then assistant managing director.

1986

Between 1986 and 1994 he was chief executive and chairman of the publishing business Reed International and was involved in the merger with the Dutch scientific publisher Elsevier.

1991

He was previously on the board of Business in the Community (1991–2005), having been chairman from 1996 to December 2001 and served two terms on the Board of the Royal Opera House and was Trustee and Chairman of the Royal Opera House Foundation.

Davis is a senior advisor and a member of the advisory board of Permira, Europe's largest private equity company.

He has served as a Trustee of the Princess Royal Trust for Carers.

1995

He was chief executive of Prudential plc from 1995 having joined the company as a non-executive director.

During this period, the company was condemned by the Treasury for mis-selling more pensions than any other firm.

The Securities and Investments Board ordered the firm to retrain its entire sales staff, due to 'continuing and persistent breaches' of the standards of training for the sales force.

1997

Davis was knighted in 1997 for services to training and industry.

In 1997 he featured in the Prudential's television advertising campaign 'The Man from the Pru', built around the image of Davis as a friendly man advising on his customers' futures.

In reality, Prudential staff were required to call him 'Mr Davis' when they met him.

2000

Davis rejoined Sainsbury's on 1 March 2000 as chief executive officer and implemented a £2bn investment in upgrading IT systems, distribution depots and stores.

During his term Sainsbury's was demoted to third in the UK grocery market, behind Tesco and Asda.

However, in his first two years he raised profits above target and delivered significant cost savings.

2004

With the arrival of Justin King as CEO on 29 March 2004, Davis was promoted to chairman.

2005

He was due to step down in July 2005 (the appointment of Sir Ian Prosser, ex-Bass chairman, as his successor was aborted in February 2004), but in June 2004 he was forced to quit in the face of an impending shareholder revolt over his salary and bonuses.

Investors were angered by a bonus share award of £2.4m in the face of the supermarket's drop in market share.

Davis was succeeded by Philip Hampton.

Davis has also served on the board of Boots.

2006

Between 2006 and 2011 he was chairman of the charity Marie Curie Cancer Care.