Sir Peter Davis (born December 23, 1941) was, until June 2004, the chairman of J Sainsbury, which operates the UK supermarket chain Sainsbury's. He worked for J Sainsbury from 1976 to 1986 and was responsible for all buying and marketing operations. December 23 is the 357th day of the year (358th in leap years) in the Gregorian calendar. ... For the movie, see 1941 (film). ... A Chairman is the presiding officer of a meeting, organization, committee, or other deliberative body. ... J Sainsbury HQ in Holborn Circus J Sainsbury plc is the parent company of Sainsburys Supermarkets Ltd, commonly known as Sainsburys, which is a chain of supermarkets in the United Kingdom. ... Exterior of a typical British supermarket (a Tesco Extra) Exterior of typical North American supermarket (a Safeway) This Flagship Randalls store in Houston, Texas is an example of an upscale supermarket. ... Year 1976 Pick up sticks(MCMLXXVI) was a leap year starting on Thursday (link will display full calendar) of the Gregorian calendar. ... Year 1986 (MCMLXXXVI) was a common year starting on Wednesday (link displays 1986 Gregorian calendar). ...

He was chief executive of Prudential plc from 1995 having joined the company as a non-executive director. During this period, the company was condemned by the Treasury for mis-selling more pensions than any other firm. The Securities and Investments Board ordered the firm to retrain its entire sales staff, due to 'continuing and persistent breaches' of the standards of training for the sales force. Prudential plc is a United Kingdom based financial services company. ... Year 1995 (MCMXCV) was a common year starting on Sunday (link will display full 1995 Gregorian calendar). ... A non-executive director is a member of the board of directors of a company who does not form part of the executive management team. ... The new eastern entrance to HM Treasury HM Treasury (Her/His Majestys Treasury) is the United Kingdom government department responsible for and putting into effect the UK Governments financial and economic policy. ... The Financial Services Authority (FSA) is an independent non-departmental public body and quasi-judicial body that regulates the financial services industry in the United Kingdom. ...

Davis was knighted in 1997 for services to training and industry. A statue of an armoured knight of the Middle Ages For the chess piece, see knight (chess). ... Year 1997 (MCMXCVII) was a common year starting on Wednesday (link will display full 1997 Gregorian calendar). ...

He rejoined Sainsbury's on March 1 2000 as Chief Executive Officer and implemented a £2bn investment in upgrading IT systems, distribution depots and stores. During his term Sainsbury's was demoted to third in the UK grocery market, behind Tesco and ASDA. However in his first two years he raised profits above target and delivered significant cost savings. A Chief Executive Officer (CEO), or Chief Executive, is the highest-ranking corporate officer, administrator, corporate administrator, executive, or executive officer, in charge of total management of a corporation, company, organization or agency. ... Tesco plc is a UK-based international grocery and general merchandising retail chain. ... ASDA is a chain of supermarkets in the United Kingdom offering food, clothing and general merchandise products. ...

With the arrival of Justin King as CEO in 29 March 2004, Davis was promoted to chairman. Sainsbury's embarrassed itself with the aborted appointment of Ian Prosser, ex-Bass chairman. Justin King (right) with Chairman Philip Hampton. ... is the 88th day of the year (89th in leap years) in the Gregorian calendar. ... Year 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... Sir Ian Prosser is a UK businessman. ... Bass is the name of a former brewery and the brand name for several English beers originally but no longer brewed in Burton upon Trent. ...

Davis was to step down in July 2005, but in June 2004 he was forced to quit in the face of an impending shareholder revolt over his salary and bonuses. Investors were angered by a bonus share award of over £2m despite poor company performance. On July 19 2004 Davis' replacement, Philip Hampton, was appointed. is the 200th day of the year (201st in leap years) in the Gregorian calendar. ...

References

• Monbiot, George Captive State (MacMillan, 2000) ISBN 0-330-36943-1