Nolan D. Archibald

Nolan D. Archibald is the Chairman of the Board, President and CEO of the Black and Decker Corporation, a $6 billion global company.  Archibald joined the company as COO in 1985, and was appointed CEO the following year.  He was then 42 years old, the youngest CEO of a Fortune 500 company.   In 2006 he ranked 193rd in executive compensation.  In 2008 he ranked 47th.  A believer in five-year cycles that require a company to innovate, Archibald has steered the Black & Decker through numerous acquisitions, sell-offs, and product roll-outs, plus a major push to move jobs abroad to cut costs.  Archibald is a member of The Church of Jesus Christ of Latter-day Saints, often mistakenly called the Mormon Church.

Prior to Black & Decker, Archibald served with Beatrice  Companies Inc., from 1977 to 1985 including as a Corporate Senior Vice President and President of the $1.7 billion Consumer Durables Group. He served in various executive positions with Conroy Inc. and had served as the Vice President of Marketing for Airstream Division at Beatrice Companies Inc. since 1977. He also served as the President of Del Mar Window Coverings, President of Stiffel Lamp Company and President of the Home Products Division at Beatrice. He served as the Senior Vice President of Beatrice and the President of Consumer and Commercial Products Group since 1983.

“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 as one of the country’s “ten most wanted” executives. He serves as a member of the Board of Directors at Lockheed Martin Corporation, Huntsman Corporation and Brunswick Corporation and is a member of the President’s Leadership Council at Brigham Young University. Past Board memberships include: ITT Corporation, the Johns Hopkins University Board of Trustees, and Board of Directors of the Associates, Harvard Business School.”   [1]

Archibald was born in 1942 in Ogden, Utah.  He attended Dixie College in Utah, and then Weber State University from which he graduated cum laude.  He participated in college athletics, in basketball, and was named Scholar Athlete of the Year in 1968, among other awards.  As an All-American, he was invited to go pro.  Archibald earned an MBA from Harvard in 1970.

Archibald has been very active in his service for The Church of Jesus Christ of Latter-day Saints.  He has served as a bishop and as a stake president .  In 2007 he was named an area seventy and called to the Church‘s Sixth Quorum of the Seventy, a five-year calling.

Archibald is married to the former Margaret Hafen. They are the parents of seven sons and one daughter.