TOPICS
Leadership
Customer Service
Change
LANGUAGES SPOKEN
English
Archie Norman
Archie Norman is one of Britain’s leading businessmen with a long term track record of value creation. He has built very strong management teams and led business transformations of major British businesses and served on the Boards of several others. Archie has also served as a Member of Parliament for eight years and worked at the highest level in British politics.
Archie Norman was a member of a three strong team that established and built Kingfisher plc in the 1980s to become Britain’s leading general merchandise retailer. In 1991 he moved to ASDA to lead the turnaround as Chief Executive. Over the subsequent eight years the business was transformed into the second largest supermarket group before being sold to Wal-Mart in 1999 for an eight times multiple of the starting share price.
Latterly, Archie acquired Energis, Britain’s third largest telecoms business, on behalf of the creditor banks and over three years refocused and rebuilt the business before agreeing a sale to Cable and Wireless for double the original price offered.
Archie Norman has also served for eight years as a Member of Parliament, including as Chief Executive of the Conservative Party and as a leading member of the Shadow Cabinet.
In November 2003 Archie Norman was appointed as Senior Advisor to Lazard.
Archie Norman has set up a new management partnership which will seek to acquire underperforming, distressed, or unfashionable businesses which are capable of responding to the management intensive approach which Archie Norman and his management network have deployed successfully in the past.
He was previously a Principal of McKinsey and Co and has an MBA from Harvard Business School and an MA from Cambridge University.