Name Nolan Archibald | Role Executive | |
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Education Harvard Business School, Weber State University, Dixie State University Similar People John F Lundgren, Jon Huntsman - Sr, Marillyn Hewson, Robert J Stevens, Christopher E Kubasik | ||
Nolan D. Archibald (born 1943) is the retired Chairman of the Board, President and Chief Executive Officer of the Black & Decker Corporation. Following the merger with Stanley Works, Archibald became Executive Chairman of the Board of Stanley Black & Decker, Inc.
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Business
Archibald joined Black & Decker as President & Chief Operating Officer in September 1985. When appointed President & Chief Executive Officer in March 1986 at the age of 42, Archibald was the youngest CEO of a Fortune 500 Company. Archibald launched DeWalt in 1992 and built what is now the world’s largest professional and industrial power tools brand.He served as Chief Executive Officer for Black & Decker for 24 years. At the time of the merger with Stanley in March 2010, Archibald was the second longest serving CEO of the largest 1000 companies in the United States that were not family controlled.
Archibald is a recipient of the American Marketing Association’s Edison Achievement Award for significant and lasting contributions to marketing excellence and product innovation. He has been cited by Business Week as one of the top six managers in the United States and by Fortune Magazine as one of the country’s “ten most wanted” executives. Archibald serves as a member of the Board of Directors of Lockheed Martin Corporation, Huntsman Corporation and Brunswick Corporation. His previous board memberships include: ITT Corporation, the [[Johns Hopkins University]] Board of Trustees, the Board of Directors of the Associates of the Harvard Business School.
Education and athletics
Archibald graduated from Dixie State College (now Dixie State University) where he was an honor student and All-American basketball player. He led his team to the National Junior College finals in Hutchinson, Kansas and was recruited by over 50 major universities in the United States. Archibald graduated from Weber State University, cum laude, where he was Scholar Athlete of the Year in 1968. He was an All-Conference basketball player under Coach Dick Motta and played on Weber State’s first team to participate in the then 32-team NCAA basketball tournament. He was one of fifteen Division I basketball players out of 4,000 named an Academic All-American.
Archibald went on to earn a Master’s Degree in Business Administration from the Harvard Business School in 1970. Archibald was invited in both 1969 and 1970 to try out for the Chicago Bulls in the National Basketball Association. He was offered a contract in 1970 to play for the Pittsburgh Pipers in the American Basketball Association.
In 1993, the National Association of Basketball Coaches honored Archibald, along with four other former All-American basketball players, (including Elvin Hayes), as their “Silver Anniversary NCAA All-American Basketball Team”. Archibald is the only athlete in Weber State’s history to receive this honor.
Personal life
Nolan Archibald and his wife, Margaret (Hafen), have seven sons and one daughter: Jason, Lance, Jared, Jordan, Anthony, Cameron, Austin and Ashley. Seven are graduates of Brigham Young University. Jared graduated from Harvard University and received an MBA from Stanford University’s School of Business. Following BYU, Jason graduated from Duke Medical School and the five-year Johns Hopkins University Orthopedic Surgery Residency Program. Five sons have graduated from the Harvard Business School. All the sons were Eagle Scouts and served missions for the LDS Church. Nolan and Margaret Archibald also have 28 grandchildren.