Allen John Lloyd (born May 1949) is a British businessman, who was the founder of
LloydsPharmacy, a British
pharmacy
Pharmacy is the science and practice of discovering, producing, preparing, dispensing, reviewing and monitoring medications, aiming to ensure the safe, effective, and affordable use of medication, medicines. It is a miscellaneous science as it ...
company, with more than 1,600 pharmacies, and around 17,000 staff.
Personal life
Allen John Lloyd was born in May 1949,
the son of a newsagent from Coventry. As teenager, he took a Saturday job in a Coventry branch of
Timothy Whites and studied pharmacy at
Leicester Polytechnic.
Career
He started as a pharmacist working for
Boots the Chemist, but when he was told that he was "not management material", he decided to start his own business.
Lloyds Chemist began in 1973 when Allen Lloyd purchased his first pharmacy in
Polesworth
Polesworth is a large village and civil parishes in England, civil parish in the North Warwickshire district of Warwickshire, England. It is situated close to the northern tip of the county, adjacent to the border with Staffordshire. It is eas ...
, Warwickshire, England. In 1997, the German chain
Celesio (previously called GEHE AG) bought Lloyds Chemists PLC, which at the time had 902 pharmacies, for £684 million against competition from rival
Unichem.
Lloyd made about £34 million, and his wife Marilyn made £13.5 million earlier in May 1996, when she sold her stake. His brother Peter also had a stake.
Personal life
He is married to Marilyn Lloyd. In May 1996, she sold her entire holding of three 3 million shares at 450p per share.
He was a Jaguar competition driver for 25 years, and gave a £5 million collection of 50 classic Jaguar cars for display at the Jaguar Heritage Trust.
References
{{DEFAULTSORT:Lloyd, Allen
1949 births
Living people
British businesspeople
21st-century British pharmacists