Daniel Green (businessman) explained

Daniel Green
Birth Place:Ilford, East London
Nationality:British
Known For:Brand Centre, Sky Retail and HomeSun
Education:Leeds Grammar
Occupation:Businessman
Entrepreneur

Daniel Green (born October 1966) is an English businessman who has worked in the retail industry and the supply of household solar energy equipment.

Green was the founder of discount retailer Brand Centre which was sold to Moss Bros Group in 1999. In 2006, Green sold his retail kiosk business to Sky plc for in excess of £25 million, and HomeSun Ltd, a solar distribution company, to Aviva Investors in 2012 for £100 million.

Business career

Green opened the first Brand Centre in Enfield, North London, now Matalan. The departmental store offered designer clothing for men, women and children sold at a discount. The Enfield store was the first in Britain to have a "Men's Creche"[1] where men could sit, read magazines and watch football. Further stores were opened in Uxbridge and Manchester before the brand being sold to Moss Bros in 1999 for an estimated £2 million.[2]

In 2001 he founded You Me TV,[3] a retail business which advised on TV, Phone and internet packages. This was acquired by Sky in 2006 and Daniel became CEO of Sky Retail.

In 2010, Green started HomeSun to profit from a new Government scheme to provide solar power to homes. The Government feed-in tariff scheme was brought in by Ed Miliband, who was in charge of DECC at the time; HomeSun installed household solar power systems, some at no immediate cost to the householder, in return for collecting the resulting feed-in tariffs.[4] HomeSun became the largest residential renewable business in Europe, making over 7,000 home installations (equivalent to 30 MW); it was subsequently purchased by Aviva Investors in 2012 for £100 million.[5]

Post 2012, Green has invested in a number of businesses including FlowGem, which he founded in 2015; it manufactured an IoT water leak detector and was sold to Centrica plc in excess of £13 million in 2016.[6]

In 2018, Green became the CEO of NeoCam.[7]

Green negotiated a loyalty card partnership between InterFlora and Boots.[8]

Legal battles

In late 2011, the Government decided to substantially reduce the solar feed-in tariff. Green and his company HomeSun engaged in a legal battle with the Government known as the "Friends of the Earth Case". The Government appealed numerous times and lost their bid.[9] [10] [11] The Government's further appeal in the Supreme Court was also rejected. The Ministers of DECC, Chris Huhne and Greg Barker, were forced to re-open the solar feed-in tariff for a future period.[12] [13]

Other roles

Green is a former chairman of Kisharon, a charity for people with learning disabilities.[12] [14]

Green is on the board of 3 schools, including Hasmonean High School,[15] which has been ranked by the Sunday Times as the performing non-selective comprehensive school in the UK [16] and a trustee of Ner Yisrael,[17] a community learning initiative.

Green is a member of the Conservative Leaders Group and was part of the small group that financially supported Theresa May's campaign to be Prime Minister.[18] In 2015 he was made a Crown Representative for the Cabinet Office,[19] in a non-paid role, helping the Government with commercial relationships with third parties.

Awards

Green won Company magazine's "Most Eligible Bachelor of the Year 1990".[20]

Notes and References

  1. Web site: Brand New Heavy . The Independent . 1 November 2016.
  2. Web site: MOSS BROS GROUP PLC - Filing history (free information from Companies House) . beta.companieshouse.gov.uk . en . 2019-10-21.
  3. Web site: Viewers'unaware of analogue end' . BBC News . 19 June 2018.
  4. Web site: Energy Firm's £1bn Solar Power Giveaway . Sky . 1 November 2016.
  5. Web site: Aviva completes £100 million purchase of HomeSun’s solar portfolio . 2023-05-17 . Solar Power Portal . en.
  6. Web site: FlowGem acquired by British Gas parent . Business Quarter . 1 November 2016.
  7. Web site: Daniel Martin GREEN - Personal Appointments (free information from Companies House) . beta.companieshouse.gov.uk . en . 2019-10-29.
  8. News: Learn how to become a better negoiator . 2016-06-03 . The Telegraph . 2019-10-21 . en-GB . 0307-1235.
  9. Web site: Government cut to solar tariffs blocked as appeal fails . BBC News . 1 November 2016.
  10. Web site: Government loses solar panel appeal . 2012-01-25 . The Independent . en . 2019-10-29.
  11. Web site: Cuts to solar tariffs blocked . BBC News . en-GB . 2019-10-29.
  12. Web site: Victory as judges force U-turn over solar panel cash . Daily Express . 1 November 2016.
  13. Web site: Solar subsidies cuts: UK government loses court appeal . The Guardian . 1 November 2016.
  14. Web site: Kisharon Benefactors . Kisharon . 13 June 2018.
  15. Web site: Hasmonean High School Governing Body . Hasmonean . 13 June 2018 . 27 April 2016 . https://web.archive.org/web/20160427194906/http://www.hasmonean.co.uk/about-us/governing-body/ . dead .
  16. Web site: A comprehensive leap of faith . The Times . 13 June 2018.
  17. Web site: Who's Who . Nery Israel . 13 June 2018. .
  18. Web site: Revealed: The elite dining club behind £130m+ donations to the Tories . 2021-09-06 . openDemocracy . en.
  19. Web site: Crown Representatives and Strategic Suppliers (May 2016) . Gov.uk . 2 November 2016 . https://web.archive.org/web/20161104004925/https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/525085/Crown_Reps_and_Strategic_Suppliers_19th_May_2016.docx . 4 November 2016 . dead.
  20. Web site: Brand new heavy . The Independent . 2 November 2016.