The Right Honourable The Lord Drayson PC |
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Lord Drayson signing a memorandum. (2006)
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Minister of State for Strategic Defence Acquisition Reform | |
In office 8 June 2009 – 11 May 2010 |
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Prime Minister | Gordon Brown |
Preceded by | Position established |
Succeeded by | Abolished |
Minister of State for Science and Innovation | |
In office 3 October 2008 – 11 May 2010 |
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Prime Minister | Gordon Brown |
Preceded by | Ian Pearson |
Succeeded by | David Willetts (Universities and Science) |
Minister of State for Defence Equipment and Support | |
In office 6 May 2005 – 7 November 2007 |
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Prime Minister |
Tony Blair Gordon Brown |
Preceded by | The Lord Bach |
Succeeded by | The Baroness Taylor of Bolton |
Personal details | |
Born | 5 March 1960 |
Political party | Labour |
Residence | Nether Lypiatt Manor |
Alma mater | Aston University |
Profession | Businessman |
24 Hours of Le Mans career | |
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Participating years | 2009 – |
Teams | Drayson Racing |
Best finish | 28th/NC (2010) |
Class wins | 0 |
Paul Rudd Drayson, Baron Drayson FREngPC (born 5 March 1960), is a British businessman, amateur racing driver and Labour politician. He was Minister of Science in the Department for Business, Innovation and Skills until May 2010, where he replaced Ian Pearson. In June 2009 he was additionally appointed as Minister of State for Strategic Defence Acquisition Reform at the Ministry of Defence. After losing his ministerial positions in the General Election 2010 he decided to devote himself totally towards his motorsports company Drayson Racing Technology. He is chairman and CEO of Drayson Technologies Ltd.
After attending St Dunstan's College, Paul Drayson graduated from Aston University in Production Engineering, followed in 1986 by a PhD in robotics. From 1986 to 1991 he was managing director of the Lambourn Food Company. From 1992 to 1998 he was managing director of Justin de Blank Ltd.
In 1993 he co-founded PowderJect Pharmaceuticals plc in Oxford which specialised in the production of vaccines, and was Chief Executive until 2003 when PowderJect was acquired by Chiron Corp.
Between 2001 and 2002 he was the Chairman of the BioIndustry Association. From 2002–2005 he was chairman of the fundraising campaign to build a children's hospital at John Radcliffe Hospital in Oxford. Since 2003, he has been the Entrepreneur-in-Residence at the Said Business School, Oxford University.