Samuel Henry Armacost (born March 29, 1939) is an American business executive who was formerly the president, director, and CEO of BankAmerica Corporation. He has chaired or served on the boards of directors of major organizations such as

SRI International SRI International (SRI) is an American nonprofit scientific research institute and organization headquartered in Menlo Park, California. The trustees of Stanford University established SRI in 1946 as a center of innovation to support economic ...

and Chevron Corporation.

Education

Armacost holds a BA in economics from

Denison University Denison University is a private liberal arts college in Granville, Ohio. One of the earliest colleges established in the former Northwest Territory, Denison University was founded in 1831. The college was first called the Granville Literary and ...

and an MBA from Stanford University.

Career

President, director and chief executive officer of BankAmerica Corporation from 1981 until 1986, where his tenure was controversial. Managing director of Merrill Lynch Capital Markets from 1987 until 1990. Managing director of Weiss, Peck & Greer L.L.C. from 1990 until 1998. He was the chairman of

, formerly Stanford Research Institute, an independent research, technology development and commercialization organization, from 1998 to 2010, and has been a member of the board of directors since 1981. He has also been the lead director of Chevron Corporation since 1982. Other board of director positions include

Callaway Golf Company Callaway, legally Topgolf Callaway Brands Corp., is an American global sports equipment manufacturing company that designs, manufactures, markets and sells golf equipment, more specifically clubs and balls, also including accessories such as ...

Del Monte Foods Del Monte Foods, Inc (trading as Del Monte Foods) is an American food production and distribution company headquartered in Walnut Creek, California. Del Monte Foods is one of the country's largest producers, distributors and marketer of br ...

, and Exponent Inc. He is a member of the Advisory Board of the California Academy of Sciences. From 1971 to 1972, he served as an advisor to the State Department's Office of Monetary Affairs.

References

American bankers Chevron Corporation Stanford Graduate School of Business alumni Denison University alumni 1939 births Living people Directors of SRI International 20th-century American businesspeople {{US-business-bio-1930s-stub