Terence Mordaunt is an entrepreneur, businessman, and co-owner of The Bristol Port Company, where he has a controlling interest. Over the last 30 years, he has spearheaded the transformation and rejuvenation of the Port into one of the largest, most successful marine hubs in the UK.
Terence and his business partner, Sir David Ord, founded The Bristol Port Company in 1991 following their £36 million purchase of Avonmouth and Royal Portbury Docks from Bristol City Council. They went on to steer the revival of the Port and led The Bristol Port Company through a period of heavy investment. After acquisition, the company made a pre-tax profit of £3 million - the first profit the Port had made for two decades – and has turned a profit ever since.
As Chairman, Terence remains a continued advocate for innovation, investment and the uptake of new technology. This strategy ensures the Port remains a vital feature of the South West economy, employing over 500 people and contributing over £1 billion to UK GDP.
Terence began his career as a deck apprentice in the Merchant Navy and was later a Distribution Manager for Alcan UK, before becoming Commercial Director at housebuilder Bellway plc in 1983.
In 2016, Terence founded The Mordaunt Foundation, which provides grants to several regional, national and international organisations. He has previously donated over £3 million to charitable causes in the South West, including Bristol Children’s Hospital, The Outward Bound Trust and Wells Cathedral School, which he attended between 1958 and 1964.
Since 2006, Terence has been Chairman and a minority shareholder of Pendennis Shipyard. He is also Trustee of The Outward Bound Trust, and Chairman of the Global Warming Policy Foundation (GWPF), a science-based educational and cross-party charity that aims to inspire debate about climate change.