Mr. Archibald (Archie) Cox, Jr. is the former Chairman of Barclays Americas. Mr. Cox began his career at Morgan Stanley & Co. and eventually launched Morgan Stanley International in London and served as its Chief Executive Officer until 1988. Mr. Cox was President and Chief Executive Officer of The First Boston Corporation and a member of the Group Executive Board of CS First Boston Group, Inc. Mr. Cox has also served as a board member of the Securities and Investment Board, which was responsible for regulating the securities and other non-banking financial services businesses in the United Kingdom. In 1993, Mr. Cox formed Sextant Group, Inc., a financial advisory and private equity firm. Mr. Cox holds a bachelor's degree in Economics from Harvard College and a MBA from the Harvard Business School. He is Chairman of several privately-owned companies, and also serves on the boards of Hutchinson Technology Incorporated, Hutchinson, Minnesota, Unifi Inc., Greensboro, North Carolina and Micell Technologies, Inc., Raleigh, North Carolina.