Greg Jackson (businessman) explained

Greg Sean Jackson
Nationality:British
Occupation:Businessman
Known For:Founder of Octopus Energy

Greg Jackson, (born September 1971) is a British entrepreneur and businessman who is the founder and CEO of Octopus Energy.

Biography

Jackson grew up in Halifax,[1] West Yorkshire, and then Saltburn-by-the-Sea in North Yorkshire.[2] He became interested in electronics and computer coding in the early 1980s, leaving school at 16 to programme computer games. He told the BBC that he remembered having his energy supply cut off when he was growing up.[3] He returned to sixth form college to study economics, before attending Pembroke College, Cambridge.[4]

According to website Move Upstream, "before the age of 30, he had owned and/or managed a number of small businesses employing 4–60 people and turning over £400k to £4m."[5] Jackson founded companies including e-commerce firm C360 and Consultant Connect,[6] a telemedicine provider, and was a director of several businesses, including Zopa, a peer-to-peer lender.[7] He is also an angel investor in companies including Xlinks, which is building the world's largest subsea cable to bring renewable energy from Morocco to the UK, and carbon accounting company Altruistiq.[8]

"After experiencing my bills jump frequently when I was paying them myself as an adult, I knew that something had to be done to change this", Jackson told Energy Digital.[9] He founded Octopus Energy – a subsidiary of Octopus Group – in 2016, and by 2021 the company was valued at over $5 billion. The company is now the second largest energy supplier in the UK, and has expanded to other markets including Japan and Australia.[10] [11] [12]

The Financial Times reported in 2023 that "Octopus’s credentials as a disrupter have helped win the backing of investors including Generation Investment Management, chaired by former US vice-president Al Gore".

Jackson lives in London and has two children.

In the 2024 King's Birthday Honours, he was appointed Commander of the Order of the British Empire (CBE).[13]

Notes and References

  1. Web site: BBC Radio 4 - Desert Island Discs, Greg Jackson, entrepreneur . 2023-10-17 . BBC . en-GB.
  2. News: Lawson . Alex . 2022-06-11 . Octopus Energy's Greg Jackson: 'Climate change is no longer this vague thing' . en-GB . The Guardian . 2023-10-17 . 0261-3077.
  3. Web site: You and Yours - Gap Finders - Greg Jackson - BBC Sounds . 2023-10-13 . www.bbc.co.uk . en-GB.
  4. News: Quetteville . Harry de . 2022-12-16 . The school dropout who founded a £5bn energy firm . en-GB . The Telegraph . 2023-10-13 . 0307-1235.
  5. Web site: 2020 . Meet Greg Jackson, Founder and CEO of Octopus Energy . https://web.archive.org/web/20200808025603/https://www.move-upstream.org.uk/news_post/meet-greg-jackson-founder-and-ceo-of-octopus-energy/ . 8 August 2020 . 13 October 2023 . Move-Upstream.org.uk.
  6. Web site: Greg Jackson, Founder and CEO, Octopus Energy Group . 2023-10-13 . CBI . en.
  7. Web site: Meet the Octopus Energy leadership team . 2023-10-13 . Octopus Energy . en-gb.
  8. Web site: 2022-07-25 . In the sustainability data management wars, Altruistiq raises £15 million . 2023-10-17 . Tech.eu . en-GB.
  9. Web site: Ahmad . Mariam . 2023-02-03 . Trailblazer: Octopus Energy's Greg Jackson . 2023-10-13 . energydigital.com . en.
  10. Web site: Mavrokefalidis . Dimitris . 2023-09-11 . Octopus boss urges rapid clean energy push . 2023-10-13 . Energy Live News . en-US.
  11. News: Millard . Rachel . 2023-10-01 . Octopus Energy: the UK start-up outgrowing its roots . Financial Times . 2023-10-13.
  12. Web site: Thurston . Alban . 2023-10-12 . Konnichiwa, Kraken ! 'Ows tha doin', Coventry? theenergyst.com Kraken, Tokyo Gas, Octopus, Severn Trent, mystical, Jackson, deep brain theenergyst.com . 2023-10-13 . theenergyst.com . en-GB.
  13. Web site: Birthday honours: Mark Cavendish, Strictly's Amy Dowden and Alan Bates recognised . BBC News . 14 June 2024 . 14 June 2024.