Education
Gray read chemistry at the University of Oxford.
Gray read chemistry at the University of Oxford.
Gray worked for five years in investment banking and capital markets for Bankers Trust and Chase Manhattan in London and New New York He spent nearly 10 years as a journalist at the Financial Times Group, including as a defence correspondent. From 1997 to 1999, Gray was special adviser to former Secretaries of State for Defence George Robertson and Geoff Hoon, where Gray directed the 1998 Strategic Defence Review.
From 1999 to 2001, Gray was Strategy Director of the United Kingdom publishing and events division of United Business Media, CMP Information.
He was heavily involved in the proposed Carlton-UBM merger. From January 2003 to July 2006, he was a non-executive director of Cable and Wireless.
He was also Chairman of the Remuneration Committee from January 2003 to 31 March 2006. He has also served as non-executive director for the United Kingdom broadcaster Five.
In October 2005, Gray was appointed as Chief Executive of TSL Limited (publishers of the Times al Supplement) when it was acquired by Exponent.
Report on United Kingdom defence acquisition In 2008, the then Defence Secretary John Hutton commissioned Gray as a special adviser to the Labour Party, based in the Ministry of Defence to undertake an independent review of defence acquisition published in October 2009. Although publication was initially moved from July 2009 until after the general election - prompting The Spectator to suggest that it had been "suppressed" - the confidential report was leaked to The Sunday Telegraph in August 2009. The Times highlighted some of the more "damning" extracts from the report: The department is running a "substantially overheated equipment programme, with too many types of equipment being ordered for too large a range of tasks at too high a specification". the MoD is "harming our ability.. to conduct difficult current operations".
"The problems, and the sums of money involved, have almost lost their power to shock, so endemic is the issue." "lieutenant seems as though military equipment acquisition is vying in a technological race with the delivery of civilian software systems for the title of ’world’s most delayed technical solution’.
Even British trains cannot compete." "How can it be that it takes 20 years to buy a ship, or aircraft, or tank? Why does it always seem to cost at least twice what was thought? Even worse, at the end of the wait, why does it never quite seem to do what it was supposed to?" "Agile enemies such as the Taliban are unlikely to wait for our sclerotic acquisition systems to catch up". lieutenant was formally presented to Parliament in October 2009, with the Ministry of Defence accepting its two main themes: a need to bring equipment plans into line with likely available resources.
And a need to improve equipment programme planning, management and delivery. Chief of Defence Materiel In December 2010, Gray was appointed to the role of Chief of Defence Materiel in the Ministry of Defence, leading the Defence Equipment and Support organisation.
He replaced General Sir Kevin O"Donoghue.
The 4 year appointment commenced on 4 January 2011. As of 2015, Gray was paid a salary of between £220,000 and £224,999 by the department, making him one of the 328 most highly paid people in the British public sector at that time. In September 2015 it was announced that he was to be succeeded by Tony Douglas at the end of that year.