Archibald Bush

Archibald Granville Bush (March 5, 1887 – January 16, 1966)[1] was an American businessman primarily involved with 3M.

Bush was born in Granite Falls, Minnesota, and worked on the family farm as a youth, but his hay fever encouraged him to move to Duluth and study business.[2] In 1914, he was hired as sales manager for the then-struggling 3M. He was working under the management of William L. McKnight and he helped the firm rise from near-bankruptcy to large-scale profitability.[2][3] He remained the sales manager for some decades. In the late 1940s, he was elected executive vice-president. From 1949 to his death in 1966, he was chair of the company's executive committee.[2] He purchased considerable 3M stock early on, and made a fortune during the company's turnaround. He used part of his estimated $200 million fortune to establish the charitable Bush Foundation in 1953, with the remainder of his fortune going to the foundation upon his death.[1][2] He died in 1966 and is buried in Oakland Cemetery in Saint Paul.[1]

References

Stew Thornley (2004). Six Feet Under: A Graveyard Guide to Minnesota. Minnesota Historical Society Press. p. 125. ISBN 0-87351-514-5.
Waldemar A. Nielsen (2002). Golden Donors: A New Anatomy of the Great Foundations. Transaction Publishers. pp. 377–379. ISBN 0-7658-0912-5.
Clifford E. Clark (1989). Minnesota in a Century of Change: The State and Its People Since 1900. Minnesota Historical Society Press. pp. 228. ISBN 0-87351-238-3.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.

[graveyard-1] Stew Thornley (2004). Six Feet Under: A Graveyard Guide to Minnesota. Minnesota Historical Society Press. p. 125. ISBN 0-87351-514-5.

[golden_donors-2] Waldemar A. Nielsen (2002). Golden Donors: A New Anatomy of the Great Foundations. Transaction Publishers. pp. 377–379. ISBN 0-7658-0912-5.

[3] Clifford E. Clark (1989). Minnesota in a Century of Change: The State and Its People Since 1900. Minnesota Historical Society Press. pp. 228. ISBN 0-87351-238-3.