Business Interests
Phil Wallace is the CEO of Lamex Food Group, a global food trading company with 16 offices in 12 countries. He joined in 1972 when the company, then known as L+M Foods, were a small food importer based in London. He became a director in 1975 and was appointed managing director and majority shareholder in the early 1980s. Since then the company has added offices around the world and the continuing growth in the Group lead to a US$ 50 million management buyout in 2006, with Phil Wallace still retaining a significant holding in the newly formed parent, Lamex Food Group. He continues to lead the Group from his bases in the UK and US. He was a director of The Football Conference for five years and served as Vice Chairman for two years, resigning his position in 2006 to concentrate on his US business interests.
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