Douglas Rae (businessman)

Duncan Douglas Foulds Rae OBE (14 June 1931 23 June 2018), commonly known as Douglas Rae, was a Scottish businessman. He was chairman of the Golden Casket confectionery corporation[1] (best known for Buchanan's Toffees and Millions), as well as chairman of Greenock Morton.[2] He was appointed OBE in the 2016 Birthday Honours.

In April 2018, Rae stood down as chairman of Morton and handed the reins to his son Crawford, who also runs Golden Casket.[3]

He died on 23 June 2018 at the age of 87.[4]


  1. "Golden Casket enjoying sweet time after profits boost". Daily Record. 18 July 2008.
  2. "Referees need tech support to avoid more blunders, says Morton chairman Douglas Rae". Daily Record. 16 November 2009.
  3. "From the office of the chairman". Greenock Morton F.C. 28 April 2018. Retrieved 30 April 2018.
  4. Steele, Russell (24 June 2018). "Former Morton chairman Douglas Rae has died". Greenock Telegraph. Retrieved 25 June 2018.