Gerry Ford (businessman)
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Gerry Ford (born 4 November 1957) is a London-based American businessman and the Chief Executive of Caffè Nero, the UK's third-largest coffee chain.
Early life
He is the son of an American university Professor of Education. He accompanied his father on sabbaticals to European countries. He grew up in Silicon Valley.
He first attended Stanford University, where he studied Politics and International Relations.[1] As well as a Master of Arts in Law and Diplomacy from the Fletcher School of Law and Diplomacy at Tufts University.[2]
Career
His first job was as a financial analyst for Hewlett-Packard. He cites Bill Hewlett and Dave Packard as role models.[3]
He came to work in the UK for Apax Partners, a private equity company, where he stayed for three years.[3]
He co-founded Paladin Partners, an equity company, in 1991.[4]
Caffè Nero
Caffè Nero had been established as an Italian coffee concept in South Kensington in 1990 by Ian Semp; the company with 5 central London branches was sold to Paladin in 1997
Paladin Partners established Caffè Nero in 1997 in South Kensington, with five branches. At the time most people drank coffee from instant coffee bought in the supermarket. Now the company has around 700 establishments in the UK. The company format was refined over the first eighteen months, and the eighth version of the format is what is now found today.
In March 2001 the company joined the London Stock Exchange. He took the company off the stock exchange in 2007. The company's headquarters are in Covent Garden. Since 2007 Cafe Nero has paid no tax in the United Kingdom despite 2019 profits of £23 million.[5]
Personal life
He lives in Kensington. He is married to Amanda and has two sons, Taylor and Tate.
References
- ^ "Business profile: Wake up and smell the coffee..." The Telegraph.
- ^ "Busy day for Fletcher entrepreneurs – Admissions Blog".
- ^ a b "Free from the daily grind". Evening Standard. August 24, 2003.
- ^ "Caffe Nero founder Gerry Ford has chutzpah - you need it if want to take a European coffee chain to America". The Telegraph.
- ^ Hiscott, Graham (2019-12-13). "Caffe Nero skips potential £4.4million bill after not paying corporation tax". Daily Mirror. Retrieved 2020-09-11.
External links
- 1957 births
- American chief executives of food industry companies
- American food company founders
- American retail chief executives
- Apax Partners
- Businesspeople in coffee
- INSEAD alumni
- People from the Royal Borough of Kensington and Chelsea
- People from San Jose, California
- Stanford University alumni
- Living people