Background
Peace was born in Nottinghamshire, the son of a coal miner, and went to school there.
Peace was born in Nottinghamshire, the son of a coal miner, and went to school there.
Royal Military Academy Sandhurst.
He was then educated at the Royal Military Academy Sandhurst. Peace joined GUS plc straight from Sandhurst, rising to group chief executive. Peace is chairman of Standard Chartered plc and non-executive chairman of Burberry Group plc since June 2002.
Previously, he was Group Chief Executive of GUS plc from 2000 to 2006, and Chairman of Experian plc from 2006 to 2014.
Peace became Lord Lieutenant of Nottinghamshire from 21 July 2012. He was knighted in 2011 for services to business and the voluntary sector.
He was previously chair of trustees for the not-for-profit organisation, The Work Foundation. He left this position in 2010.