Derek George Rayner, Baron Rayner (30 March 1926 – 26 June 1998) was an English businessman, who was chairman and chief executive of

Marks & Spencer Marks and Spencer plc (commonly abbreviated to M&S and colloquially known as Marks & Sparks or simply Marks) is a major British multinational retailer based in London, England, that specialises in selling clothing, beauty products, home produc ...

, and revived and rapidly expanded the company in the 1980s. He began working for M&S in 1953 as a management trainee and became the first chief executive outside the founding families of the company."Marks in Time" website includes picture
/ref>

Personal life

Rayner was born in 1926, the son of George and Hilda Rayner. He was educated at City College, Norwich and

Selwyn College, Cambridge Selwyn College, Cambridge is a Colleges of the University of Cambridge, constituent college of the University of Cambridge. The college was founded in 1882 by the Selwyn Memorial Committee in memory of George Selwyn (bishop of Lichfield), Georg ...

, where he read theology. From 1946 to 1948 he completed his

National Service National service is a system of compulsory or voluntary government service, usually military service. Conscription is mandatory national service. The term ''national service'' comes from the United Kingdom's National Service (Armed Forces) Act ...

duty in the

Royal Air Force The Royal Air Force (RAF) is the Air force, air and space force of the United Kingdom, British Overseas Territories and Crown Dependencies. It was formed towards the end of the World War I, First World War on 1 April 1918, on the merger of t ...

. He remained a bachelor throughout his life, with no known dependents."The Rise and Fall of M&S" - BBC report 28 September 2001
/ref>

Career

Marks & Spencer

Rayner began working for M&S as a management trainee in 1953 at the company's store in

Oxford Oxford () is a City status in the United Kingdom, cathedral city and non-metropolitan district in Oxfordshire, England, of which it is the county town. The city is home to the University of Oxford, the List of oldest universities in continuou ...

when the company's then chairman, Lord

Marcus Sieff Marcus Joseph Sieff, Baron Sieff of Brimpton OBE (; 2 July 1913 – 23 February 2001) was a British businessman and chairman of his family company, the retailer Marks & Spencer, from 1972 to 1982. Like his parents, he was also a leading figure in ...

, asked his advice about a problem. He rose rapidly in the company's management and became a director in 1967. By the 1980s the company's

trademark A trademark (also written trade mark or trade-mark) is a form of intellectual property that consists of a word, phrase, symbol, design, or a combination that identifies a Good (economics and accounting), product or Service (economics), service f ...

, " St. Michael", was outdated and the company sales of clothing and household goods went into decline. Rayner restored the company by holding down costs and encouraging enterprise by employees. He also introduced strict financial controls, refurbishment of the larger stores and additional expansion. In 1988 under his control the company bought the

Brooks Brothers Brooks Brothers Inc. is an American clothing brand founded in 1818 which is the oldest apparel brand in continuous operation in the United States. Originally a family business, it is currently owned as a joint venture between Authentic Brands G ...

clothing company of

Canada Canada is a country in North America. Its Provinces and territories of Canada, ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, making it the world's List of coun ...

for $750m, introduced a store charge card and opened more British stores.

Government

His tight financial controls and strong management practices at M&S led to him working for the British Government headed by

Edward Heath Sir Edward Richard George Heath (9 July 1916 – 17 July 2005) was a British politician who served as Prime Minister of the United Kingdom from 1970 to 1974 and Leader of the Conservative Party (UK), Leader of the Conservative Party from 1965 ...

, serving in a variety of posts. From 1970 to 1973 he arranged for the three British military services to use a single procurement office, the MoD Procurement Executive. He also advised

Margaret Thatcher Margaret Hilda Thatcher, Baroness Thatcher (; 13 October 19258 April 2013), was a British stateswoman who served as Prime Minister of the United Kingdom from 1979 to 1990 and Leader of the Conservative Party (UK), Leader of th ...

on improving Government efficiency, including reducing the number of meetings officials held. He returned to M&S in 1982. In 1984, he became the first person from outside the founding families to become chief executive.

Honours

In 1973 he was

knighted A knight is a person granted an honorary title of a knighthood by a head of state (including the pope) or representative for service to the monarch, the church, or the country, especially in a military capacity. The concept of a knighthood ...

for his government work and on 3 February 1983 he was created a

life peer In the United Kingdom, life peers are appointed members of the peerage whose titles cannot be inherited, in contrast to hereditary peers. Life peers are appointed by the monarch on the advice of the prime minister. With the exception of the D ...

as Baron Rayner, of

Crowborough Crowborough is a town and civil parish in East Sussex, England, in the Weald at the edge of Ashdown Forest and the highest town in the High Weald AONB, High Weald Area of Outstanding Natural Beauty. It is located south-west of Royal Tunbridge ...

in the County of

East Sussex East Sussex is a Ceremonial counties of England, ceremonial county in South East England. It is bordered by Kent to the north-east, West Sussex to the west, Surrey to the north-west, and the English Channel to the south. The largest settlement ...

References

{{DEFAULTSORT:Rayner, Derek Rayner, Baron Alumni of Selwyn College, Cambridge British retail chief executives Businesspeople awarded knighthoods English businesspeople in retailing Knights Bachelor Marks & Spencer people Life peers 1926 births 1998 deaths People educated at City College Norwich 20th-century English businesspeople Life peers created by Elizabeth II