Mark Price has been granted a peerage and will be known as Lord Price with effect from April 2016. He has been appointed as a minister of state at the Foreign and Commonwealth Office and the Department for Business, Innovation and Skills.
Price was president of the fundraising committee at GroceryAid from 2009 to 2011. He was made a life patron of the grocery charity in 2014.
Gillian Barker, director general of GroceryAid, said: “We are delighted with the news that Mark Price has been appointed a minister of state and will continue as life patron for GroceryAid. His support for GroceryAid is unstinting and we would like to send him our warmest congratulations on his peerage.”
Price was appointed Commander of the Royal Victorian Order (CVO) in the 2014 New Year’s honour’s list. He will be stepping down from Waitrose after 33 years to take up his new role in April.