Sir Terry Leahy
The former Tesco CEO has been backing several tech start-up businesses recently – will he look to add to his investment portfolio by becoming a Dragon?
The face of Tesco for several years, Liverpool-born Sir Terry Leahy retired as chief executive in March 2011 and has been investing in start-up businesses ever since, using funds from his £8.42m bonus pay-outs and a pension pot which was estimated to be worth £18.4m at the time of his departure.
In the last year alone, Leahy has participated in a $10m round in social platform Starcount and a $2m deal in fashion e-commerce site Atterley Road with earlier investments in Groupon-style mobile start-up Eagle Eye Solutions and a student homework site among others. Although he’s said that he’s glad not to be in the corporate limelight anymore, as a champion for the “little man” (Evening Standard Nov 2014) with a seat on the board of many budding start-ups, the Dragons’ Den panel could be the next seat he takes.