Early Life
John Reece was born in March 1957 in the United Kingdom. He attended Bede School in Sunderland, now Sunderland College, and later studied economics at Queens' College, Cambridge.
Rise to Success
Reece began his career as a chartered accountant at PricewaterhouseCoopers, specializing in the chemicals industry. In 2000, he joined Ineos as an accountant and partner. He rapidly ascended through the ranks, becoming the Chief Financial Officer and a minority shareholder. His expertise in financial management and strategic planning has been crucial to Ineos's expansion. Reece played a pivotal role in several major acquisitions and joint ventures, bolstering Ineos's position in the global chemical industry.
Key Business Strategies
Under Reece's financial leadership, Ineos has achieved significant growth and profitability. He has been involved in major acquisitions, including acquiring two chemicals businesses from BP in 2021 for $5 billion. He also played a key role in the company's entry into the U.K. shale sector, including initiatives to transport shale gas into Europe.
Philanthropy
John Reece is known for his commitment to philanthropy and supports various charitable causes focused on education and community development.