LONDON, November 5, 2014 /PRNewswire/ --
* Former CEO of Sainsbury's wins the prestigious longstanding achievement award *
*Led Sainsbury's for ten successful years before stepping down in July*
*King will receive the award at the National Business Awards ceremony next week*
The National Business Awards today reveal that Justin King CBE, former CEO of Sainsbury's, is to be awarded The Daily Telegraph Award for a Decade of Excellence in Business at the National Business Awards gala dinner next week.
The award, created to recognise the business personality who best represents achievement and longevity, acknowledges King's sustained achievements within the business community during his career. Having joined Sainsbury's in 2004 at a time when the supermarket was facing difficult circumstances, King led the business to 34 consecutive quarters of like-for-like sales growth, increased profits, and ensured that Sainsbury's secured its highest market share for a decade in 2013.
King also pioneered several corporate social responsibility projects as part of the Sainsbury's 2020 Sustainability Plan, launched in 2011, which have become a key part of his legacy since stepping down in July of this year. Sainsbury's is currently the global leader in terms of Fairtrade retailing, and achieved its zero waste to landfill target. Sainsbury's has also installed 82000 new solar panels, making it the largest solar array in Europe.
The Daily Telegraph Award for a Decade of Excellence in Business marks a personal achievement for King, having previously led Sainsbury's to victory in the QBE FTSE 100 Business of the Year category at the 2013 National Business Awards.
Upon receiving the news, King said: "I am delighted to receive this award, recognising as it does achievement over the long term. Sainsbury's is a truly great business, nearly 150 years old, and I was proud to lead another chapter in its long story of leadership and success."
Nominees for the Award are shortlisted by the Business Desk at the Telegraph Group, and the winner was selected by the National Business Awards' distinguished Advisory Board following a lengthy judging process to determine the nominee that has demonstrated the most outstanding leadership abilities.
Allister Heath, Deputy Editor of The Telegraph and member of the Advisory Board, said: "Justin is a deserved recipient of the Decade of Excellence in Business Award: a champion not just of British retail but sustainability. On behalf of The Telegraph, congratulations to this year's inspirational winner."
Justin King will receive the Award next week at the National Business Awards gala dinner ceremony, which will take place on Tuesday 11th November at the Grosvenor House Hotel, Park Lane.
The National Business Awards supports The Prince's Trust, a charity that offers practical and financial support to young people who need it.
About the National Business Awards
Open to organisations of all sizes from all sectors across the UK, the National Business Awards is the UK's most prestigious independent business recognition platform with its particular emphasis on excellence, innovation and ethical business. Now in its 13th year, the National Business Awards connects the nations' professionals through its annual awards ceremony; year-round thought leadership and round table events; and is UBM plc's flagship awards programme. Visit http://www.nationalbusinessawards.co.uk for further information or follow us on Twitter @businessawards.
Categories includes -
The Daily Telegraph Award for a Decade of Excellence in Business
The Duke of York New Entrepreneur of the Year
The BlackBerry Business Enabler of the Year
The Smith & Williamson Entrepreneur of the Year
The Inflexion International Growth Business of the Year
The QBE FTSE 100 Business of the Year
The UKTI Digital Business of the Year
The New Business of the Year
The Customer Focus Award
The ICAEW Sustainable Business Award
The Social Enterprise of the Year
The Santander Corporate Citizenship Award
The Market Gravity Innovation Award
The Growth Business of the Year
The Employer of the Year
The Santander Small to Medium-Sized Business of the Year
The Ashridge Business School Leader of the Year
About UBM Live
The National Business Awards is organised by UBM Information Limited. UBM Live connects people and creates opportunities for companies across five continents to develop new business, meet customers, launch new products, promote their brands and expand their markets. Through premier brands such as MD&M, CPhI, IFSEC, TFM&A, Cruise Shipping Miami, the Concrete Show and many others, UBM Live exhibitions, conferences, awards programs, publications, websites and training and certification programs are an integral part of the marketing plans of companies across more than 20 industry sectors.
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SOURCE National Business Awards