Talk:Nolan D. Archibald
Latest comment: 2 years ago by Asmithmd1 in topic @Rose051616 Why do you keep deleting these paragraphs
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@Rose051616 Why do you keep deleting these paragraphs
editThe purchase of Emhart was a defining part of his career at B&D
In 1989 Archibald made the near disastrous mis-step[1] of out-bidding other companies to purchase Emhart Corporation for $2.8B[2] in debt. Black & Decker was able to service the debt because of profit from the launch of DeWalt in 1992 and subsequent success in becoming the world's largest professional and industrial power tools brand.
Archibald served as chief executive officer for 24 years and was the last CEO of Black & Decker.[3] Asmithmd1 (talk) 01:02, 15 September 2022 (UTC)
References
- ^ "Listening To Consumers Pays Off For Hardware Giant Black & Decker Corp. Snaps Back From Brush With Disaster In 1992". The Wall Street Journal. 15 January 1995. Retrieved 20 August 2019.
- ^ "EMHART ACCEPTS BID BY BLACK DECKER". Washington Post. March 21, 1989. Retrieved 2019-08-31.
- ^ Lee, Mara (20 March 2012). "Archibald, Stanley Black & Decker's chairman, was paid $64.4 million last year". Baltimore Sun. Tribune Newspapers. Retrieved 15 May 2019.