[2] Peter Davis worked for a company called the Ditchburn Organisation, Dock Road, Lytham, Lancashire, U.K. circa 1960/61.
[citation needed] Davis was knighted in the 1997 New Year Honours for services to training and to industry.
[citation needed] Davis rejoined Sainsbury's on 1 March 2000 as chief executive officer[1] and implemented a £2bn investment in upgrading IT systems, distribution depots and stores.
[4] He was due to step down in July 2005 (the appointment of Sir Ian Prosser, ex-Bass chairman, as his successor was aborted in February 2004), but in June 2004 he was forced to quit in the face of an impending shareholder revolt over his salary and bonuses.
Davis is a senior advisor and a member of the advisory board of Permira, Europe's largest private equity company.