Founder & Group Chief Executive, Caffe Nero
MCA talks to Gerry Ford about the continuing growth of his c860-strong business; how it now operates across eight countries; its growth in the US; the key factors behind how it has achieved 80 consecutive quarters of positive like-for-like sales and what the future holds for the company.
Gerry Ford is Chairman and Chief Executive of Caffe Nero Group Limited, Europe’s largest independent coffee house group. Gerry founded Caffe Nero in 1997. He later listed Caffe Nero on the London Stock Exchange (LSE) in 2001-2007. In 2005, Dr. Ford was named the UK’s Entrepreneur of the Year by the Financial Times and The London Stock Exchange. In 2007, Gerry took Caffe Nero private and today he remains the majority shareholder of the company. Currently, Caffe Nero has more than 5,500 employees in 700 stores across seven countries. The company continues to open at a pace of a new store every four days somewhere in the world. Dr. Ford has a BA from Stanford University, an MBA from INSEAD and a PhD from Oxford University. He sits on the boards of several consumer goods businesses throughout Europe and the USA, and is a frequent speaker internationally on the topics of developing consumer brands and entrepreneurship.