Teesside University has appointed Doug Richard (pictured) as its new chancellor. He is set to take over from Lord Sawyer of Darlington in early 2015. The latter has held the position since 2005.

Richard will also be working with a new vice-chancellor at the university, as the current position holder Graham Henderson announced his retirement for August 2015.

Doug Richard came to prominence in the UK as an investor on the first two series of BBC’s Dragon’s Den. Among his…