David Ross

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Person.png David Ross  Rdf-entity.pngRdf-icon.png
David Ross.jpg
BornDavid Peter John Ross
10 July 1965

David Ross is an English billionaire businessman, and one of the co-founders (with Charles Dunstone and Guy Johnson) of Carphone Warehouse. At the peak valuation of his business interests in 2008, Ross was one of the 100 richest people in the United Kingdom.[1] In 2008, Forbes ranked him #843 in the world's richest billionaires; his net worth was estimated at US$1.4 billion.[2]

In April 2015, The Sunday Times estimated his net worth at £1.0 billion.

DRET

In July 2018, one of England’s largest academy trusts has been cleared of wrongdoing following complaints about its governance, but school funding bosses remain concerned about its finances. The Education and Skills Funding Agency (ESFA) has ruled that concerns over board appointments at the David Ross Education Trust (DRET) last year were “unfounded”, but has urged the chain to improve its monitoring of its “vulnerable” financial position.

DRET, set up by Carphone Warehouse founder and Conservative Party donor David Ross, runs 33 schools across England. As revealed by Schools Week, the trust was hit by a series of high profile resignations last January. DRET’s chair, the former education secretary David Blunkett, stood down and was replaced by Ross. The trust’s chief executive Wendy Marshall and two other senior figures also subsequently resigned.

According to the ESFA, the resignations were prompted by “perceived governance issues at the trust and relationships between the trust board, trust senior management and the David Ross Foundation”. A two-week financial management and governance review at the trust was subsequently carried out in April 2017, but found that all of the appointments were made in compliance with the trust’s articles of association. However, there remains “significant concern” about the financial viability of DRET, which is in a “vulnerable financial position with limited revenue funds”.[3]

 

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References

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