Archibald Angus McLeod (1844-1902) was an American financier and railroad executive. His first railroad job was as a rodman ( surveyor's assistant) with the

Northern Pacific Railroad The Northern Pacific Railway was a transcontinental railroad that operated across the northern tier of the western United States, from Minnesota to the Pacific Northwest. It was approved by Congress in 1864 and given nearly of land grants, whi ...

. He later worked his way up the ranks of the Philadelphia and Reading Railroad to become its president in 1890. As president, he reinvigorated the fading railroad, laying new track, investing in

anthracite Anthracite, also known as hard coal, and black coal, is a hard, compact variety of coal that has a submetallic luster. It has the highest carbon content, the fewest impurities, and the highest energy density of all types of coal and is the hig ...

mines, and building the grand Reading Terminal in

Philadelphia, Pennsylvania Philadelphia, often called Philly, is the largest city in the Commonwealth of Pennsylvania, the sixth-largest city in the U.S., the second-largest city in both the Northeast megalopolis and Mid-Atlantic regions after New York City. Since ...

. He resigned after the

Panic of 1893 The Panic of 1893 was an economic depression in the United States that began in 1893 and ended in 1897. It deeply affected every sector of the economy, and produced political upheaval that led to the political realignment of 1896 and the pres ...

weakened the railroad, and moved to

New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...

, where he advised railroads and entered finance.

Notes

1844 births 1902 deaths American financiers American railroad executives Northern Pacific Railway people Reading Company 19th-century American businesspeople {{business-bio-stub