Justin King
- January 10, 2024
- Businessperson
Quick Facts
Full Name | Justin King |
Occupation | Businessperson |
Date Of Birth | May 17, 1961(1961-05-17) |
Age | 63 |
Birthplace | Stepney |
Country | United Kingdom |
Birth City | Stepney |
Horoscope | Taurus |
Justin King Biography
Name | Justin King |
Birthday | May 17 |
Birth Year | 1961 |
Place Of Birth | Stepney |
Home Town | Stepney |
Birth Country | United Kingdom |
Birth Sign | Taurus |
Spouse | Claire Simmons |
Children(s) | Jordan King |
Justin King is one of the most popular and richest Businessperson who was born on May 17, 1961 in Stepney, Stepney, United Kingdom. Justin Matthew King, CBE (born 17 May 1961) is an English businessman, who served as the CEO of J Sainsbury plc, parent company of the supermarket chain Sainsbury’s, for 10 years before stepping down in July 2014.
King joined Sainsbury’s on 29 March 2004, and was seen as the company’s last chance to win back market share from its rivals and remain independent – the previous CEO, Sir Peter Davis, failed to halt the supermarket’s slide in market position despite a £3 billion investment in infrastructure. He was offered £675,000 a year salary. King’s annual salary at Sainsbury’s was £900,000, coupled with a bonus package between £3-£6million annually.
King is an ambassador for The Scout Association. In 2007, he received an honorary doctorate from Bournemouth University.
He lives in the village of Harbury, just south of Leamington Spa, Warwickshire. A self-admitted petrol-head, King traded his Maserati Quattroporte for a Lexus LS600h L in March 2008 on environmental grounds.
In October 2004 King launched his recovery programme for the company under the banner “Making Sainsbury’s Great Again”. In January 2008 Sainsbury’s announced twelve consecutive quarters of sales growth and achieved its target to grow sales by £2.5 billion, 3 months ahead of schedule.
Justin King Net Worth
Net Worth | $5 Million |
Source Of Income | Businessperson |
House | Living in own house. |
Justin King is one of the richest Businessperson from United Kingdom. According to our analysis, Wikipedia, Forbes & Business Insider, Justin King 's net worth $5 Million. (Last Update: December 11, 2023)
King undertook a degree in Business Administration at the University of Bath, graduating in 1983.
King joined PepsiCo from 1989 being based in the Middle East, then moved to Grand Metropolitan in 1990, where he helped launch Häagen-Dazs ice-cream in the UK as managing director. He moved to Asda in 1994 and became managing director of the hypermarkets division. King moved to Marks & Spencer in 2001, where he managed the M & S food division.
In September 2005 in an interview with The Guardian King discussed the dominance of principal rival Tesco. While steering clear of calls for a Competition Commission inquiry into the No.1 UK supermarket, King did call for changes in planning laws to prevent Tesco from achieving a 40% market share. As of 2005 Tesco had more potential development projects than that of Sainsbury, Asda and Morrisons combined. King also criticised Tesco CEO Terry Leahy for questioning the accuracy of Taylor Nelson Sofres market data. Leahy has argued that TNS overestimates the size of his company’s market share.
Height, Weight & Body Measurements
Justin King height Not available right now. Justin weight Not Known & body measurements will update soon.
Who is Justin King Dating?
According to our records, Justin King married to Claire Simmons. As of December 1, 2023, Justin King’s is not dating anyone.
Relationships Record : We have no records of past relationships for Justin King. You may help us to build the dating records for Justin King!
In March 2015, King was appointed interim chairman of the Manor Marussia F1 Team later Manor Racing.
Facts & Trivia
Justin Ranked on the list of most popular Businessperson. Also ranked in the elit list of famous people born in United Kingdom. Justin King celebrates birthday on May 17 of every year.
Who is Justin King?
Justin Thomas King (born May 11, 1987) is a former American football cornerback. King was drafted in the 4th round (101st overall) by the Rams in the 2008 NFL Draft. He played college football at Penn State University. King in 2010.
Who is Justin King's wife?
King and his wife, Carolyn , have a 3-month old son, Ezra.
When did Justin King leave Sainsburys?
Justin Matthew King, CBE (born 17 May 1961) is an English businessman. King served as the CEO of J Sainsbury plc, parent company of the supermarket chain Sainsbury’s, for ten years before stepping down in July 2014.