19/20th-century American businessman and Standard Oil executive
John Dustin Archbold
Born
(1848-07-26)July 26, 1848
Leesburg, Ohio, US
Died
December 5, 1916(1916-12-05) (aged 68)
Tarrytown, New York, US
Burial place
Sleepy Hollow Cemetery, Sleepy Hollow, New York
Political party
Republican
Spouse
Annie Eliza Mills
1st President of the Standard Oil Company (New Jersey)
In office December 4, 1911 – December 5, 1916
Succeeded by
Alfred C. Bedford
John Dustin Archbold (July 26, 1848 – December 5, 1916) was an American businessman and one of the United States' earliest oil refiners. His small oil company was bought out by John D. Rockefeller's Standard Oil Company. Archbold rose rapidly at Standard Oil, handling many of the complex secret negotiations over the years. By 1882, he was Rockefeller's closest associate, and typically acted as the company's primary spokesman. Rockefeller, after 1896, left business matters to Archbold while he pursued his philanthropy; as vice president, Archbold effectively ran Standard Oil until his death in 1916. Inspired by Rockefeller's policies, Archbold's main goals were stabilization, efficiency, and minimizing waste in refining and distributing petroleum products. When the company was broken up by the Supreme Court in 1911 into 34 smaller operations, Archbold became president of the largest one, Standard Oil of New Jersey.
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