Hilary Devey joined the Dragon's Den panel in series 9 after James Caan's departure.
Devey entered the British programme's investor lineup in 2011. She was the founder and chief executive of Pall-Ex, a palletised freight distribution network that connected independent transport companies across Europe. That logistics background gave her expertise in transport, operations and business expansion.
James Caan had been one of the programme's investors before leaving the panel. Devey's arrival therefore marked a change in the show's investor group, although it did not alter the basic format of entrepreneurs pitching for money and expertise.
Hilary Devey is sometimes confused with Deborah Meaden because both were prominent female investors on the British series. Their arrivals occurred in different periods: Meaden joined in series 3, while Devey joined in series 9. The series number and the departure of James Caan identify Devey specifically.