Sir David Reid (born 1947) is a Scottish-born British businessman and chartered accountant. He was until 2011 the Chairman of Tesco, Britain’s largest supermarket chain.
Educated at Fettes College and Aberdeen University, David Reid qualified as a Chartered Accountant with Peat Marwick Mitchell in 1970, based in Paris, where he worked for three years. He then joined Philips Industries where he held various positions over six years before becoming Chief Accountant of Philips Video. He then joined BAT Industries in 1979 as Group Financial Controller of their UK retail group, and subsequently was appointed Finance Director of International Stores Limited. After six years with BAT, he joined Tesco in April 1985.
As a Finance Director of Tesco in 1985 and subsequently also took responsibility for IT, Distribution and Business Development. He became Deputy Chairman of Tesco in 1996 and Chairman in 2004 with responsibility for Business Development, Strategic Planning and the International Operations in Central Europe, Asia and the Republic of Ireland.
He is also a non-executive director of Reed Elsevier Group plc and Chairman of Kwik-Fit Group.
During his time at Tesco, David has held non-executive directorships at Westbury plc, Legal & General Group plc and De Vere Group plc. He was President of the food industry trade association, IGD, for the years 2005 and 2006. He is Patron of the charity, Caravan. He is Deputy Chairman of the Seoul International Business Advisory Council (SIBAC), and a member of the China Development Forum. He is a member of Scotland International. He is a member of the Strategic Investment Group (SIG) for Students Partnership Worldwide (SPW).
He has been awarded Honorary Degrees, Doctor of Business Administration (DBA) at Robert Gordon University and Doctor of Laws (LLD) at Aberdeen University.
He is also a Director of the Tesco Charity Trust which spends circa £5m per annum on good causes. He is also Chairman of Whizz-Kidz, a significant charity which seeks to help disabled children.
Reid was knighted in the 2012 New Year Honours for services to business and charity.
American Aerospace Engineer & Space Scientist,
New York Times Bestselling Author, Founder/CEO, Angel Investor, Podcast Host,...