Lance Batchelor

Last updated

Lance Batchelor
Born1964
Alma mater Aberystwyth University
Harvard Business School
OccupationBusinessman

''''Lance Batchelor' (born 1964) is a British businessman and former naval officer. He is the chairman of Royal Museums Greenwich and several private equity and venture capital-owned companies, including Burger King UK (Bridgepoint)Ometria (Octopus VC) and Appello (Epiris LLP).' He is also the lead non-executive director on the Royal Navy board. [1] ''

Lance was the CEO of Saga Plc from March 2014 until February 2020. He led the design, build and introduction of two new cruise ships, Spirit of Discovery and Sprit of Adventure. [2]

During his time as CEO, Saga introduced new three-year fixed-price home and motor insurance policies [3] which sold over half a million policies in the first year [4] and reduced customer churn. Saga also significantly reduced its insurance margins, [5] stabilising market share. However, as a result the company profitability dropped and the share price declined significantly below the IPO level. [6]

He was previously the CEO of Domino's Pizza Group until February 2014, having initially joined the company's board in July 2010. During Batchelor's tenure the share price rose from 370p to 589p. The share price dropped over 5% in December 2013 when he resigned to join Saga. [7]

Before this, Batchelor was the CEO of Tesco Mobile (2007–11), marketing director of Vodafone (2002–06), a general manager at Amazon.com (2000-2002) and a marketing director at Procter & Gamble (1991-2000). [8] In 2010 Batchelor was named one of the 50 most influential people in UK Mobile. [9] [10]

Lance is a former submarine warfare officer in the Royal Navy. [11] He is now the lead non-executive director on the navy board. He holds the honorary rank of captain RN. [12] He is an Elder Brother of Trinity House and the Chairman of the Lighthouse Board. [13]

In the charity sector, Lance is the chairman of the White Ensign Association [14] and a Vice Patron of the Royal Navy and Royal Marines Charity (RNRMC). He was previously the chairman of Action against Gambling Harms, a charity which conducts research to help understand and mitigate harm. [15] In January 2011, he was appointed a trustee of The National Gallery by David Cameron, the UK prime minister. This role ended in February 2019. [16]

Lance is a graduate and an Honorary Fellow of Aberystwyth University [17] and has an MBA from Harvard Business School. [18]

He lives in Berkshire, UK, with his wife. They have 4 adult sons.

Related Research Articles

Tesco plc is a British multinational groceries and general merchandise retailer headquartered in Welwyn Garden City, England. The company was founded by Jack Cohen in Hackney, London, in 1919. In 2011, it was the third-largest retailer in the world measured by gross revenues and the ninth-largest in the world measured by revenues. It has shops in Ireland, the United Kingdom, the Czech Republic, Hungary, and Slovakia. It is the market leader of groceries in the UK.

<span class="mw-page-title-main">Royal Naval Reserve</span> Volunteer reserve force of the Royal Navy

The Royal Naval Reserve (RNR) is one of the two volunteer reserve forces of the Royal Navy in the United Kingdom. Together with the Royal Marines Reserve, they form the Maritime Reserve. The present RNR was formed by merging the original Royal Naval Reserve, created in 1859, and the Royal Naval Volunteer Reserve (RNVR), created in 1903. The Royal Naval Reserve has seen action in World War I, World War II, the Iraq War and the War in Afghanistan.

<span class="mw-page-title-main">Post Office Limited</span> British retail post office company owned by the government of the United Kingdom

Post Office Limited, formerly Post Office Counters Limited and commonly known as the Post Office, is a state-owned retail post office company in the United Kingdom that provides a wide range of postal and non-postal related products including postage stamps, banking, insurance, bureau de change and identity verification services to the public through its nationwide network of around 11,500 branches. Most of these branch post offices are run by franchise partners or by independent business people known as subpostmasters; Post Office Limited directly manages the remaining 1%, known as Crown post offices.

Sir Christopher Charles Gent HonFREng is a British businessman, He is the former chief executive officer of Vodafone, a British multinational mobile phone company. Until 2015, he served as the non-exec chairman of GlaxoSmithKline, the world's fourth largest pharmaceutical company. According to the Financial Times 15th August 2022, he was fined £80,000 by the FCA for insider trading.

Tesco Personal Finance plc, trading as Tesco Bank, is a British retail bank which was formed in July 1997. The bank was formed as part of a 50:50 joint venture between The Royal Bank of Scotland and Tesco, the largest supermarket in the United Kingdom, employing 2,800 people.

<span class="mw-page-title-main">University Royal Naval Unit</span> Military unit

The University Royal Naval Units (URNU) are Royal Navy training establishments under the command of Britannia Royal Naval College, who recruit Officer Cadets from a university or a number of universities, usually concentrated in one geographical area. There are 17 URNUs in the UK, with each URNU having land-based facilities near the universities they recruit from, with the exception of URNU Virtual, whose drill nights are conducted virtually.

David Edwin Potter is the founder and chairman of the microcomputer systems company Psion PLC., and Psion Teklogix after Psion's acquisition of Teklogix in the year 2000.

Sir Peter Leahy Bonfield is a business executive who has led a number of companies in the fields of electronics, computers and communications. Currently a director of several companies in the USA, Europe and the Far East, he was formerly chief executive of ICL and more recently of BT Group. He is a Fellow of the Royal Academy of Engineering, the Institution of Engineering and Technology, the British Computer Society, the Chartered Institute of Marketing, the Marketing Society and the Royal Society of Arts. He is a Liveryman of The Worshipful Company of Information Technologists, Freeman of the City of London, Honorary Citizen of Dallas, Texas and Member of the Pilgrims of Great Britain.

<span class="mw-page-title-main">Jeffrey Sterling, Baron Sterling of Plaistow</span> British businessman and Conservative peer

Jeffrey Maurice Sterling, Baron Sterling of Plaistow, is a British businessman and Conservative peer. The Plaistow referred to is Plaistow, West Sussex, reflected in the land holdings in the county.

Robert (Bob) Wigley, OStJ, BSc, HonDBA, FCA, CCMI, is Chairman of UK Finance, a Non Executive Director of

<span class="mw-page-title-main">John Parker (businessman)</span> Businessman from the United Kingdom, born 1942

Sir Thomas John Parker is a British businessman. He is chairman of Laing O'Rourke and former chairman of Pennon Group, a director of Carnival Corporation & plc and lead non-executive director at the Cabinet Office. He has been a director or chairman of numerous other public companies including Airbus, Anglo American plc, Babcock International, British Gas, DP World, Lattice Group, National Grid plc and Ombu Group. He is a past president of the Royal Academy of Engineering, patron at the Centre for Process Innovation and a Visiting Fellow of the University of Oxford.

Marc Bolland is a Dutch businessman, who was the CEO of Marks & Spencer, after having been CEO of UK supermarket company Morrisons.

Gregory Mark Wood CBE has been at the helm of several financial services and technology start-ups, both in the UK and New York City.

<span class="mw-page-title-main">Neil Mendoza, Baron Mendoza</span> British businessman (born 1959)

Neil Francis Jeremy Mendoza, Baron Mendoza, is a British businessman, academic administrator, and member of the House of Lords.

RNRMC is a charity registered in England, Wales and Scotland. Its purpose is to support sailors, marines, and their families, including those from the Royal Navy, Royal Marines, Maritime Reserves, QARNNS, the Royal Fleet Auxiliary and former members of the now defunct Women's Royal Naval Service.

Sir David John Lewis is an English businessman. He is the former CEO of Tesco, serving from 2014 to 2020. Prior to joining Tesco, he was president of global personal care at Unilever. Sir David has served as Director of The Royal Foundation of the Prince and Princess of Wales since his appointment in July 2024.

HMS <i>Cambria</i> (shore establishment) Royal Naval Reserve unit in Cardiff, Wales

HMS Cambria is the lead Royal Naval Reserve unit in Wales. It is based in the docks of the Welsh capital, Cardiff.

<span class="mw-page-title-main">Patrick O'Sullivan (businessman)</span>

Patrick Henry Pierce O'Sullivan is an Irish businessman and public servant, who had executive roles at Zurich Financial Services and went on to hold non-executive positions at Old Mutual, Bank of Ireland and Saga plc.

The Navy Board is the body responsible for the day-to-day running of His Majesty's Naval Service. Its composition is similar to that of the Admiralty Board of the Defence Council of the United Kingdom, except that it does not include any of His Majesty's Ministers. The Board shares a name with its historic predecessor, the Navy Board of 1546 to 1832, but is unrelated in structure or membership.

As part of the British honours system, Special Honours are issued at the Monarch's pleasure at any given time. The Special Honours refer to the awards made within royal prerogative, operational honours, political honours and other honours awarded outside the New Year Honours and Birthday Honours.

References

  1. ↑ "Navy board | Royal Navy". www.royalnavy.mod.uk. Retrieved 3 February 2021.
  2. ↑ "Saga Cruises Spirit of Discovery Review. The Best Things About The Ship". Tips For Travellers. 5 July 2019. Retrieved 6 February 2021.
  3. ↑ "Saga Launches Ground-breaking Fixed-Price Promise Insurance Products for Home and Car Insurance". Saga. Retrieved 3 February 2021.
  4. ↑ Gangcuangco, Terry. "Saga Plc: "The insurance business has been resilient"". www.insurancebusinessmag.com. Retrieved 3 February 2021.
  5. ↑ "Saga PLC, SAGA:LSE financials - FT.com". markets.ft.com. Retrieved 6 February 2021.
  6. ↑ "Saga shares hit record low on profit alert". BBC News. 4 April 2019. Retrieved 3 February 2021.
  7. ↑ "Domino's Pizza drops on surprise resignation of chief executive". the Guardian. 6 December 2013. Retrieved 3 February 2021.
  8. ↑ "HONORARY CAPTAIN LANCE BATCHELOR RNR | The Royal Navy and Royal Marines Charity". www.rnrmc.org.uk. Retrieved 3 February 2021.
  9. ↑ 20 May 2011 3:15:00 AM (20 May 2011). "Mobile Power 50 | Power 50 Profile: Lance Batchelor, CEO, Tesco Telecoms". Mobiletoday.co.uk. Archived from the original on 12 March 2012. Retrieved 3 January 2012.{{cite web}}: CS1 maint: numeric names: authors list (link)
  10. ↑ "Tesco Mobile chief moves on". The Independent. 22 October 2011. Retrieved 3 February 2021.
  11. ↑ "Navy board | Royal Navy". www.royalnavy.mod.uk. Retrieved 3 February 2021.
  12. ↑ "HONORARY CAPTAIN LANCE BATCHELOR RNR | The Royal Navy and Royal Marines Charity". www.rnrmc.org.uk. Retrieved 3 February 2021.
  13. ↑ "Trinity House welcomes two new Elder Brethren". Trinity House. 18 October 2022.
  14. ↑ "White Ensign Association - Organisation". www.whiteensign.co.uk. Archived from the original on 9 May 2021. Retrieved 3 February 2021.
  15. ↑ "NEDworks - Supporting aspiring, new and experienced Non-Executive Directors to be more effective". nedworks.net. Retrieved 3 February 2021.
  16. ↑ "Lance Batchelor, Prof Dexter Dalwood and John Nelson reappointed as Trustees of the National Gallery". GOV.UK. Retrieved 3 February 2021.
  17. ↑ "Aberystwyth University - Profile". www.aber.ac.uk. Archived from the original on 3 December 2013.
  18. ↑ "Story Details - Alumni - Harvard Business School". www.alumni.hbs.edu. June 2015. Retrieved 3 February 2021.


This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.