Archie Norman (businessman)
| Archie Norman | |
|---|---|
 |
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| Shadow Secretary of State for the Environment, Transport and the Regions | |
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In office 2 February 2000 – 18 September 2001 |
|
| Leader | William Hague |
| Preceded by | John Redwood |
| Succeeded by | Theresa May (Transport, Local Government and the Regions) |
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Member of Parliament for Tunbridge Wells |
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In office 2 May 1997 – 11 April 2005 |
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| Preceded by | Patrick Mayhew |
| Succeeded by | Greg Clark |
| Personal details | |
| Born |
1 May 1954 Dover, England |
| Political party | Conservative |
| Children | 1 daughter |
| Alma mater |
University of Minnesota, Twin Cities Emmanuel College, Cambridge Harvard Business School |
Archibald John Norman (born 1 May 1954) is a British businessman and politician. He is, at present, the only person to have been a FTSE 100 chairman and a Member of the House of Commons (MP) at the same time. From January 2010 to January 2016, Norman was the chairman of ITV plc. He will succeed Robert Swannell as chairman of Marks & Spencer in September 2017.
Born the second of five sons of two doctors, Archie Norman was educated at Charterhouse, the University of Minnesota, Emmanuel College, Cambridge and (after a short period at Citigroup), at Harvard Business School, where he obtained an MBA.
Norman joined McKinsey & Company on graduation, where William Hague (future British Foreign Secretary) was one of his protégés. He then held directorships at Geest and Railtrack, before becoming group finance director at Britain's then largest retailer, Kingfisher plc at 32. Within five years he was group chief executive of Asda and by 42, he was chairman.
In December 1991, he applied for, and gained the Chief Executive's position at Asda, the only applicant for a near bankrupt business. From 1991 until 1999, Norman was Chief Executive and then Chairman of Asda, the large supermarket chain, and with Allan Leighton, he is credited with turning it around, and making it the second largest in the United Kingdom, before its sale to Wal-Mart in July 1999.
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