Sir Terry Leahy, Group CEO of Tesco plc. has been awarded the Sean Lemass Gold Medal for Business Leadership by the Trinity-IMI Graduate School of Management.
The presentation of the medal was made by Minister of Justice Brian, TD. Lenihan at a ceremony in Trinity College Dublin on January 18th.
Speaking on behalf of the Trinity-IMI Graduate School of Management, Dr Tom McCarthy, Chief Executive of the IMI, said Sir Terry has been selected for the award for his significant business achievements, his entrepreneurial skills and his Irish roots.
Terry Leahy was born in Liverpool in 1956 to Irish parents, his mother comes from Armagh and his father from Sligo. After graduating with a Bsc in Management Sciences from the University of Manchester Institute of Science and Technology, he joined Tesco in London in 1979 as a Marketing Executive and was promoted to Marketing Manager in 1981 and then Marketing Director in 1984. In 1986 he was appointed Commercial Director of Fresh Foods and subsequently appointed to the Board of Tesco PLC as Marketing Director in 1992. He was appointed Deputy Managing Director in February 1995. In 1997, and at the age of forty-one, Terry Leahy was made Chief Executive became the youngest person to head up a FTSE 100 company.
Sir Terry Leahy's time as Chief Executive of Tesco has seen the company become the UK’s largest retailer while also enjoying an ever expanding international reach. His appointment as CEO coincided with Tesco’s entry into the Irish Market place.
Terry Leahy’s significant business achievements and entrepreneurial skills were recognised with a knighthood in 2002, for his services to the retail industry. He was chosen as Britain's "Business Leader of the Year" in 2003 and the Fortune European Businessman of the Year for 2003. In 2005 he was selected as Britain's most admired business leader by Management Today and the Guardian found him to be the most influential non-elected person in Britain in 2007. Sir Terry is an Everton Football Club supporter and a special advisor to the club. He has also been granted the freedom of the city of Liverpool where he is also a Director on the Liverpool Vision Regeneration Board.
The Sean Lemass Gold Medal for Business Leadership was established in 2006. The award is dedicated in honour of the late former Taoiseach Sean Lemass who was instrumental in the establishment of the Irish Management Institute in 1952.
Sir Terry Leahy is the second recipient of the award. The first recipient of the award was Dr John Malone, Chairman of Liberty Media Corporation. He is the owner of a wide array of international media interests and is a global player in the cable industry. His ancestors are Irish.
The Trinity-IMI Graduate School of Management was launched in October 2005 and brings together the IMI and TCD's School of Business. The School also has a strategic partnership with Babson College in the US, a recognised global leader in entrepreneurship education and an internationally recognised business school.