Sir David Edward Reid (born 5 February 1947) is a British businessman and chartered accountant. He was until 2011 the chairman of

Tesco Tesco plc () is a British multinational groceries and general merchandise retailer headquartered in Welwyn Garden City, England. In 2011 it was the third-largest retailer in the world measured by gross revenues and the ninth-largest in th ...

, Britain's largest supermarket chain.

Early life

Reid was educated at

Fettes College Fettes College () is a co-educational independent boarding and day school in Edinburgh, Scotland, with over two-thirds of its pupils in residence on campus. The school was originally a boarding school for boys only and became co-ed in 1983. In ...

and

Aberdeen University , mottoeng = The fear of the Lord is the beginning of wisdom , established = , type = Public research universityAncient university , endowment = £58.4 million (2021) , budget ...

Career

Reid qualified as a chartered accountant with Peat Marwick Mitchell in 1970.Motivational speakers
Gordon Poole Agency website, retrieved 26 October 2011 He was appointed chief accountant for Philips Video and then for

International Stores International Tea Co. Stores was a leading chain of grocers based in London. It was an original constituent of the FT 30 index of leading companies listed on the London Stock Exchange. History The business was founded in 1878 by Hudson Kearley ...

before becoming finance director of Tesco in 1985. He became deputy chairman of Tesco in 1996 and chairman in 2004. He is also a non-executive director of

Reed Elsevier RELX plc (pronounced "Rel-ex") is a British multinational information and analytics company headquartered in London, England. Its businesses provide scientific, technical and medical information and analytics; legal information and analytics; ...

and chairman of Kwik-Fit. He was previously a non-executive director of

Legal & General Legal & General Group plc, commonly known as Legal & General, is a British multinational financial services and asset management company headquartered in London, England. Its products and services include investment management, lifetime mortg ...

, Westbury and

De Vere Group De Vere is a hotels and leisure business, which until the late 1990s was a brewing company known as Greenall's. It used to be listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index. History Greenall's Brewery was ...

Charitable work

He is a director of the Tesco Charity Trust which spends circa £5m per annum on good causes. He is a past chairman of Whizz-Kidz, a charity which seeks to help disabled children.

Honours

Reid was knighted in the 2012 New Year Honours for services to business and charity.

References

{{DEFAULTSORT:Reid, David 1947 births Living people Scottish accountants People educated at Fettes College Alumni of the University of Aberdeen British businesspeople in retailing Chairmen of Tesco Tesco people Knights Bachelor Scottish chairpersons of corporations Businesspeople awarded knighthoods 20th-century Scottish businesspeople 21st-century Scottish businesspeople