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Mark Price, Baron Price

The Right Honourable
The Lord Price
CVO
Lordprice.jpg
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 (age 56)
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. He joined the Conservative government as the Minister of State for Trade and Investment in April 2016.

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

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

He started his career at the John Lewis Partnership as a graduate trainee in 1982, before progressing to become John Lewis store manager in High Wycombe and Cheadle. 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. 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.

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. Suggestions have been made saying that Mark may apply for the chairman position of Channel 4.


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