The Right Honourable The Lord Price CVO |
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Minister of State for Trade and Investment | |
Assumed office 4 April 2016 |
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Prime Minister |
David Cameron Theresa May |
Preceded by | The Lord Maude of Horsham |
Personal details | |
Born |
Crewe, England |
2 March 1961
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.