Mike Parsons (born 25 August 1950) is a British businessman, who is best known for founding Barchester Healthcare, the UK's third largest provider of care homes.
He subsequently took an MBA at the London Business School and a Diploma in International Management at HEC Paris and the Graduate School of Business Administration on Wall Street.
[citation needed] Parsons was a founding director, shareholder and managing director of a top London advertising agency (KHBB) which he and his partners sold to Saatchi & Saatchi in 1985, thus becoming a major shareholder in that company.
He worked at Saatchi for five years and was Chief Operating Officer of the international network.
[citation needed] During this time he rationalised the Saatchi International network which involved the merging of many businesses.