Age, Biography and Wiki

Archie Norman is a British businessman and politician who has an estimated net worth of $200 million. He is best known for being the former CEO of Asda and the former Chairman of ITV plc. Norman was born on 1 May 1954 in the United Kingdom. He attended the University of Edinburgh, where he earned a degree in economics. After graduating, he worked for McKinsey & Company, a management consulting firm. In 1991, Norman was appointed CEO of Asda, a British supermarket chain. Under his leadership, Asda became the second-largest supermarket chain in the UK. In 1999, he sold Asda to Walmart for $10.8 billion. In 2004, Norman was appointed Chairman of ITV plc, a British media company. He served in this role until 2009. In 2010, Norman was elected as a Conservative Member of Parliament for Tunbridge Wells. He served in this role until 2015. In addition to his business and political career, Norman is also a philanthropist. He is a patron of the charity, The Prince's Trust, and has donated to a number of other charities. Norman is married to his wife, Sarah, and they have two children.

Popular As N/A
Occupation N/A
Age 70 years old
Zodiac Sign Taurus
Born 1 May 1954
Birthday 1 May
Birthplace Dover, England
Nationality United Kingdom

We recommend you to check the complete list of Famous People born on 1 May. He is a member of famous with the age 70 years old group.

Archie Norman Height, Weight & Measurements

At 70 years old, Archie Norman height not available right now. We will update Archie Norman's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
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Who Is Archie Norman's Wife?

His wife is Vanessa Norman (m. 1982)

Family
Parents Not Available
Wife Vanessa Norman (m. 1982)
Sibling Not Available
Children 1 daughter

Archie Norman Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Archie Norman worth at the age of 70 years old? Archie Norman’s income source is mostly from being a successful . He is from United Kingdom. We have estimated Archie Norman's net worth , money, salary, income, and assets.

Net Worth in 2023 $1 Million - $5 Million
Salary in 2023 Under Review
Net Worth in 2022 Pending
Salary in 2022 Under Review
House Not Available
Cars Not Available
Source of Income

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Timeline

2017

On 5 May 2017, it was announced Norman would succeed Robert Swannell as chairman of Marks & Spencer in September 2017.

2016

In October 2016, Norman was appointed by the Department for Business, Energy and Industrial Strategy as its Lead Non Executive Board Member, with Clark as Secretary of State.

In June 2016, it was announced that Norman was to advise on the turnaround of Homebase under its new owners Wesfarmers, who purchased the business in January 2016. In November 2016, he ruled himself out of being the next chairman of the BBC, and it was said he was "very unlikely" to apply. In March 2017, he was approached to become the next chairman for Marks & Spencer. He was previously asked to take over the firm in May 2004.

2010

He is on the Board of the NIESR, has an Honorary Degree from Leeds Metropolitan University, was a Director of the Judge Institute, has been elected to the Marketing Society Hall of Fame, and been voted Retailer of the Year and Yorkshire Businessman of the Year. In December 2010, he was granted the Institute of Turnaround Professional Lifetime Achievement Award. In June 2015, he teamed up with The X Factor host Simon Cowell in launching a new show, entitled The F Factor.

2009

On 18 November 2009, Norman was named as the new chairman of ITV plc. In January 2016, it was announced he was to step down as chairman after six years. In July 2013, Lazard appointed him as its London chairman, as the firm worked on the privatisation of the Royal Mail. In December 2013, he was appointed chairman of Hobbycraft, replacing Simon Burke. In February 2015, he was linked to the role of chief executive for Tesco.

2004

In December 2004, Greg Clark was selected as the candidate to succeed him by the Conservative Party. In May 2005, Norman officially stood down as MP, prior to the general election.

On leaving Parliament, Norman set up Aurigo Management, a private equity firm primarily focussed on retail/consumer industries. In February 2004, he showed interest in becoming the chairman of Sainsbury's. In June 2005, he denied plans to take over the helm of Morrisons. In July 2007, Aurigo bought tool hire retailer HSS Hire for £310 million, from 3i. In November 2007, Norman advised Wesfarmers on the acquisition of Coles Group, and has since overseen the turnaround of Coles in Australia.

In July 2004, The Independent reported he owned a REVA G-Wiz to commute around London, and outside London, he drove a Volkswagen Golf.

2001

In September 2001, after leaving the Shadow Cabinet, he founded the think tank Policy Exchange with Francis Maude. In July 2002, Norman became Chairman of Energis, having led a consortium of banks in the purchase and refinancing of the United Kingdom arm of Energis Plc from the administrators. In October 2004, he announced his intention to step down as MP of Tunbridge Wells at the next general election, as he wished to pursue other interests.

1999

In November 1999, he stepped down from the chain. From the early nineties, Norman was also chairman of The Children's Trust, and in 1998, he was succeeded by Sir Brian Hill.

1997

Norman was elected as Conservative Member of Parliament for Tunbridge Wells in England, in the 1997 General Election, with a majority of 7,506. In December 1996, Labour warned that people voting for Norman would be short-changed, as he believed that being an MP was not a full-time job.

After the heavy Conservative defeat in the 1997 Election, Norman supported William Hague's bid for leadership, becoming Chief Executive of the Conservative Party, and then served as a shadow minister for the environment in 1999. A year later, he was promoted to the Conservative frontbench as Shadow Secretary of State for Environment, Transport and the Regions, where he was up against John Prescott on the Labour front bench.

1996

In December 1996, he ruled out the idea of introducing a loyalty card scheme for Asda.

1991

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.

1980

During the 1980s, Norman stood unsuccessfully as a Conservative candidate in council elections in Southwark, London. In 1996, on the advice of Francis Maude, Norman decided to apply for the Conservative safe seat of Tunbridge Wells, soon to be vacated by Sir Patrick Mayhew.

1954

Archibald John Norman (born 1 May 1954) is a British businessman and politician. He is the only person to have been chairman of an FTSE 100 company 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 succeeded Robert Swannell as chairman of Marks & Spencer in September 2017.